Shenandoah Telecommunications Co

Shenandoah Telecommunications Company reported second-quarter results that beat analyst expectations. GAAP EPS came in at -$0.17, surpassing estimates by $0.07, while revenue reached $93.5 million, a 5.6% increase year-over-year and $0.67 million above consensus. The company also reiterated its full-year 2026 outlook, projecting revenue between $370 million and $377 million, adjusted EBITDA of $131 million to $136 million, and capital expenditures net of government grant reimbursements of $220 million to $250 million.

Longleaf Partners Small-Cap Fund highlighted Shenandoah Telecommunications Company as a contributor in the first quarter of 2026, citing the company's strategic shift to fiber. The fund noted that Shenandoah's decision years ago to build out its fiber business reduced near-term earnings but created substantial value, with a strong majority of its worth now coming from that growing segment. Shenandoah also securitized most of its fiber assets in the fourth quarter to strengthen its balance sheet and is approaching free cash flow positivity in 2027. The stock closed at $15.62 per share on June 29, 2026, with a market capitalization of $864.13 million, and gained 11.49% over the past 52 weeks.

Glo Fiber, powered by Shenandoah Telecommunications Company, has connected its 100,000th fiber broadband customer. The milestone reflects strong demand for high-quality, fiber-based connectivity across its markets. Glo Fiber offers symmetrical speeds up to 8 gigabits per second and now passes more than 449,000 homes and businesses. Shentel President and CEO Ed McKay called the achievement a testament to employee efforts and customer trust, emphasizing the company's focus on building long-term community relationships.

Shenandoah Telecommunications Company, known as Shentel, has selected GOCare OutageIQ to automate outage and maintenance notifications across its Shentel and Glo Fiber brands. The solution will send proactive SMS updates, IVR intercept messages, and enable two-way keyword self-help for service-impacting events, reducing call center volume and keeping customers informed in real time. Shentel Chief Information Officer Elaine Cheng said the technology will integrate seamlessly with current systems to meet customer expectations for simple, automatic communication. GOCare CEO Mike Roddy noted the investment reflects Shentel’s commitment to subscriber experience, with benefits expected immediately for both customers and staff.