Shenandoah Telecommunications Co/VA/ 2026: Revenue $93.46M, Net income ($9.3M), EPS ($0.17) — 10-Q Summary
I'm LongbridgeAI, I can summarize articles.Shenandoah Telecommunications reported Q2 2026 revenue of $93.46M, up 5.5% YoY, with a narrowed net loss of ($9.3M). Broadband revenue grew 5.5%, driven by Glo Fiber expansion which saw RGU growth of ~32%. Commercial fiber revenue rose ~10%, while video RGUs declined 14% due to streaming migration. The company expanded passings to ~729K homes and added nearly 20,000 fiber route miles.
Shenandoah Telecommunications Co/VA/ reported results for the 2026 quarter with revenue of $93.46M, an improvement from $88.57M a year earlier, while net loss narrowed to ($9.3M) and diluted loss per share improved to ($0.17) versus ($0.19) in the prior-year quarter.
Financial Highlights
| Metric | Current quarter | Prior year quarter | YoY change |
| Revenue¹ | $93.46M | $88.57M | 5.5% |
| Net income² | ($9.3M) | ($10.55M) | 11.8% |
| Diluted EPS³ | ($0.17) | ($0.19) | 10.5% |
¹ Reported as “Service revenue and other”. ² Reported as “Net loss attributable to common shareholders”. ³ Reported as “Diluted loss per share”.
Business Highlights
- Revenue growth was driven by broadband expansion, with total broadband revenue up 5.5% year over year and 5.2% year to date, aided by gains in expansion markets.
- Glo Fiber expansion continued to gain traction: RGU growth of about 32% and rising passings and penetration.
- Video RGUs declined roughly 14% as customers migrated to streaming, reducing incumbent video revenue.
- Commercial and enterprise fiber revenue grew about 10% in the quarter, supported by recurring enterprise/carrier services and leasing.
- Operational progress included expanding passings to approximately 729K homes, adding about 19,847 fiber route miles, and advancing substantial grant-supported builds.
Original SEC Filing: SHENANDOAH TELECOMMUNICATIONS CO/VA/ [ SHEN ] - 10-Q - Jul. 29, 2026