NYSE$WOW
WideOpenWest Inc · Q1 2022 earnings
Q1 2022 earnings · · Investor relations
Briefing
WideOpenWest's first quarter results for 2022 were announced, highlighting growth in high-speed data revenue and improved pro forma adjusted EBITDA margins.
WideOpenWest (WOW!) reported its Q1 2022 results, showcasing a 4% increase in high-speed data revenue, reaching $100.1 million, and a pro forma adjusted EBITDA increase of 8% to $66.4 million. The company's pro forma adjusted EBITDA margin improved to 38.0%.
- Total Revenue from continuing operations was $174.6 million, a decrease of 4% compared to Q1 2021.
- High-Speed Data (HSD) Revenue from continuing operations totaled $100.1 million, a 4% increase year-over-year.
- Net Income from continuing operations was $5.7 million for the quarter.
- Pro Forma Adjusted EBITDA was $66.4 million, up 8% compared to the first quarter of 2021.
Headline financials
Revenue & EPS history
WideOpenWest · Revenue · Quarterly
$175M
Revenue by segment
WideOpenWest · $175M total across 5 segments · Q1 2022
- HSD$100M-34.4%57.3%
- Video$48.6M-47.9%27.8%
- Telephony$13.3M-39.0%7.6%
- Other Revenue$7.3M-40.7%4.2%
- Other Business Services$5.3M-14.5%3.0%
Forward guidance
WOW! provided guidance for Q2 2022 and full year 2022.
Tailwinds
- HSD Revenue for Q2 2022 is expected to be between $104.0 - $107.0 million.
- Total Revenue for Q2 2022 is projected to be $177.0 - $180.0 million.
- Adjusted EBITDA for Q2 2022 is anticipated to be $68.0 - $71.0 million.
- HSD Revenue for the full year 2022 is guided to be $427.0 - $430.0 million.
- Total Revenue for the full year 2022 is expected to be $708.0 - $711.0 million.
Headwinds
- Adjusted EBITDA for the full year 2022 is expected to be $281.0 - $284.0 million.
- HSD net additions for Q2 2022 are projected to be 1,000 - 2,000.
- HSD net additions for the full year 2022 are expected to be 14,000 - 17,000.
- Capital Expenditures from continuing operations totaled $42.1 million.
- Total outstanding amount of long-term debt and finance lease obligations was $740.3 million.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 8 quarterly earnings reports
-2.2%
Avg return
Earnings day
+7.0%
Avg return
5 days after
+8.1%
Avg return
30 days after
38%
15 / 40 earnings
Positive
+47.8%
Q2 2025
Best reaction
-58.7%
Q3 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2025 | — | — | — | |
| Q3 2025 | +0.2% | -0.2% | +0.6% | |
| Q2 2025 | +47.8% | +48.4% | +50.4% | |
| Q1 2025 | +0.0% | +0.7% | -4.1% | |
| Q4 2024 | -1.0% | +13.4% | +1.7% | |
| Q3 2024 | +7.0% | +7.8% | -1.2% | |
| Q2 2024 | -0.2% | +1.9% | +5.6% | |
| Q1 2024 | -3.9% | -3.7% | +7.0% | |
| Q4 2023 | -8.4% | -12.4% | +4.9% | |
| Q3 2023 | -58.7% | — | — | |
| Q2 2023 | -4.3% | — | — | |
| Q1 2023 | -24.4% | — | — | |
| Q4 2022 | +2.0% | — | — | |
| Q3 2022 | -22.6% | — | — | |
| Q2 2022 | +3.7% | — | — | |
| Q1 2022 | -2.1% | — | — | |
| Q4 2021 | -3.3% | — | — | |
| Q3 2021 | -3.9% | — | — | |
| Q2 2021 | +5.2% | — | — | |
| Q1 2021 | +6.7% | — | — | |
| Q4 2020 | +6.5% | — | — | |
| Q3 2020 | +9.2% | — | — | |
| Q2 2020 | +17.4% | — | — | |
| Q1 2020 | -13.4% | — | — | |
| Q4 2019 | -15.4% | — | — | |
| Q3 2019 | +5.8% | — | — | |
| Q2 2019 | -5.2% | — | — | |
| Q1 2019 | -3.8% | — | — | |
| Q4 2018 | -5.4% | — | — | |
| Q3 2018 | +4.3% | — | — | |
| Q2 2018 | +16.4% | — | — | |
| Q1 2018 | +29.5% | — | — | |
| Q1 2017 | +29.5% | — | — | |
| Q4 2017 | -23.7% | — | — | |
| Q4 2015 | -23.7% | — | — | |
| Q1 2016 | -23.7% | — | — | |
| Q3 2016 | -14.5% | — | — | |
| Q3 2017 | -14.5% | — | — | |
| Q2 2016 | -0.9% | — | — | |
| Q2 2017 | -0.9% | — | — | |
| Q4 2016 | -0.9% | — | — |
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