NYSE$WOW

WideOpenWest Inc · Q2 2021 earnings

Q2 2021 earnings · · Investor relations

Briefing

WideOpenWest reported strong second-quarter results, driven by record high-speed data revenue and increased Adjusted EBITDA.

WideOpenWest (WOW!) announced its Q2 2021 financial results, marked by record high-speed data revenue of $156.4 million, a 14% increase year-over-year. The company's total revenue reached $287.3 million, with a net income of $12.4 million and diluted earnings per share of $0.15. Adjusted EBITDA stood at $117.8 million, reflecting a 16% increase compared to the same period last year, with an Adjusted EBITDA margin of 41.0%.

  • Total revenue reached $287.3 million, a 2% increase year-over-year.
  • High-Speed Data (HSD) revenue hit a record $156.4 million, up 14% from Q2 2020.
  • Adjusted EBITDA increased by 16% to $117.8 million, with a margin of 41.0%.
  • The company announced agreements to sell five service areas for a combined $1.8 billion.

Headline financials

Total Revenue

$182M

Previous: $282M-35.5%
EPS (adj)

$0.15

Previous: $0.12+25.0%
Total Subscribers

857.4K

Previous: 844.5K+1.5%
Adjusted EBITDA Margin

41.0%

No prior period
Free Cash Flow

$23.1M

Previous: $17.7M+30.5%
Net Income

$12.4M

Previous: $2.2M+463.6%
Operating Income

-$1.1M

Previous: $35.5M-103.1%
Gross Profit

$86.8M

Previous: $135M-35.8%
Cash & Equivalents

$23.3M

Previous: $39.6M-41.2%
Total Assets

$2.49B

Previous: $2.49B-0.3%
Stock-Based Comp

$4M

Previous: $3M+33.3%

Revenue & EPS history

WideOpenWest · Revenue · Quarterly

$182M

Q2 2021-35.5%vs Q2 2020
Beat estimate in 4 of 16 quarters(25%)
ActualEstimate

Revenue by segment

WideOpenWest · $287M total across 5 segments · Q2 2021

  • HSD
    $156M+13.9%
  • Video
    $91.7M
  • Telephony
    $21.3M
  • Other Revenue
    $11.8M+0.9%
  • Other Business Services
    $6.1M-4.7%

Forward guidance

No specific forward guidance was provided in the document.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 8 quarterly earnings reports

Historical avg

-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

Earnings price reactions
QuarterReport dateReaction (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%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro