Shenandoah beats Q2 estimates with GAAP EPS of -$0.17 and revenue of $93.5M

Earnings
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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.

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