NYSE$WOW

WideOpenWest Inc · Q3 2021 earnings

Q3 2021 earnings · · Investor relations

Briefing

WideOpenWest's Q3 2021 results were announced, showcasing revenue growth driven by high-speed data and strategic divestitures.

WideOpenWest (WOW!) reported strong Q3 2021 results, driven by a 15% increase in high-speed data revenue from continuing operations. The company's pro forma adjusted EBITDA increased by 6%, and free cash flow totaled $30.7 million. Strategic divestitures have strengthened the balance sheet, positioning WOW! for future growth and investment in its broadband-first strategy.

  • Total revenue from continuing operations increased to $184.0 million.
  • High-speed data revenue from continuing operations grew by 15% to $103.3 million.
  • Net loss from continuing operations was $21.2 million.
  • Pro forma adjusted EBITDA increased by 6% to $66.7 million.

Headline financials

Total Revenue

$184M

Previous: $289M-36.3%
EPS (adj)

-$0.26

Previous: $0.11-336.4%
Total Subscribers

531.6K

No prior period
HSD RGUs

509.5K

No prior period
Free Cash Flow

$30.7M

No prior period
Net Income

$518M

Previous: $9M+5654.4%
Operating Income

$3.5M

Previous: $44.7M-92.2%
Gross Profit

$90.6M

Previous: $148M-38.7%
Cash & Equivalents

$59.6M

Previous: $32.9M+81.2%
Total Assets

$2.12B

Previous: $2.5B-15.3%
Stock-Based Comp

$4.5M

Previous: $2.6M+73.1%

Revenue & EPS history

WideOpenWest · Revenue · Quarterly

$184M

Q3 2021-36.3%vs Q3 2020
Beat estimate in 4 of 16 quarters(25%)
ActualEstimate

Revenue by segment

WideOpenWest · $184M total across 5 segments · Q3 2021

  • HSD
    $103M+14.7%
  • Video
    $52.8M-16.2%
  • Telephony
    $14.2M-10.7%
  • Other Revenue
    $8.1M-2.4%
  • Other Business Services
    $5.6M-3.4%

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%

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