Shenandoah Telecommunications Company Reports First Quarter 2020 Results
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Shenandoah Telecom Co (SHEN) Misses Q1 EPS by 3c, Revenues Miss
April 30, 2020 6:20 AM EDTShenandoah Telecom Co (NASDAQ: SHEN) reported Q1 EPS of $0.27, $0.03 worse than the analyst estimate of $0.30. Revenue for the quarter came in at $153.2 million versus the consensus estimate of $162.95 million.
First Quarter 2020 Highlights
Generated $36.0 million in normalized free cash flow and $61.1 million in operating cash flow.Ended the quarter with $195.2 million of liquidity.Broadband revenues and Adjusted OIBDA increased 6.2%, and 4.3%, respectively. Operating income was flat with... More