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Shenandoah Telecommunications Company Reports Fourth Quarter and Full Year 2025 Results
EDINBURG, Va., Feb. 26, 2026 (GLOBE NEWSWIRE) -- Shenandoah Telecommunications Company (“Shentel”) (Nasdaq: SHEN) announced fourth quarter and full year 2025
About this update from Shenandoah Telecommunications Co
[{"type":"text","content":"EDINBURG, Va., Feb. 26, 2026 (GLOBE NEWSWIRE) -- Shenandoah Telecommunications Company (“Shentel”) (Nasdaq: SHEN) announced fourth quarter and full year 2025 financial and operating results. Fourth Quarter 2025 Highlights Glo Fiber Expansion Markets revenue grew 39.0% over the fourth quarter of 2024 to $23.0 million.Total revenue grew 7.2% to $91.6 million.Net loss from continuing operations was $5.4 million compared to $6.2 million in the fourth quarter of 2024.Adjusted EBITDA1 grew 31.3% to $33.5 million.Adjusted EBITDA margin expanded from 29.8% to 36.5%, an increase of 670 basis points.Closed an inaugural offering of $567.4 million aggregate principal amount of secured fiber network revenue term notes. 2025 Highlights Glo Fiber Expansion Markets revenue grew 42.7% year over year to $82.6 million.Total revenue grew 9.1% to $357.9 million.Net loss from continuing operations was $32.9 million compared to $28.4 million in 2024.Adjusted EBITDA2 grew 26.0% to $119.1 million.Adjusted EBITDA margin expanded from 28.8% to 33.3%, an increase of 450 basis points. “We finished 2025 with strong momentum, executing on our growth strategy, strengthening the balance sheet, and enhancing our high‑value fiber businesses,” said Ed McKay, President and Chief Executive Officer. “Our Asset-Backed Securitization refinancing will reduce annual cash interest expense by over $10 million and fully fund completion of our Glo Fiber build by the end of 2026. With Glo Fiber and Commercial Fiber serving as primary growth engines, we are well positioned for sustained long‑term growth and positive free cash in 2027.” Shentel’s fourth quarter earnings conference call will be webcast at 8:30 a.m. ET on Thursday, February 26, 2026. The webcast and related materials will be available on Shentel’s Investor Relations website at https://investor.shentel.com/. For Analysts, please register to dial-in at this link. Fourth Quarter 2025 Results Compared with Fourth Quarter 2024 Results Residential & SMB - Glo Fiber Expansion Markets revenue increased $6.5 million, or 39.0%, primarily due to 36.9% growth in data revenue generating units (“RGUs”). Residential & SMB - Incumbent Broadband Markets revenue decreased $1.7 million, or 4.0%, primarily due to lower video and data revenues from a 14.8% decline in video RGUs and a 2.4% decline in data average revenue per unit (“AR...