SHEN Q1 2022 Earnings — Shenandoah Telecommunications Company Revenue & Financial Results | Market Cap Arena

SHENShenandoah Telecommunications Company

$820M

Q1 2022 Earnings

Communication Services Telecommunications Services

Income Statement

Revenue

$64M+7.9% YoY

Gross Profit

$38M59.1% margin

Operating Income

-$380,000-0.6% margin

Net Income

-$603,000-0.9% margin

EPS (Diluted)

$-0.01

QoQ Revenue Growth

+2.9%

Cash Flow

Operating Cash Flow

$16M

Free Cash Flow

-$30M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$883M

Total Liabilities

$239M

Stockholders' Equity

$644M

Cash & Equivalents

$54M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$64M	$60M	+7.9%
Gross Profit	$38M	$36M	+5.0%
Operating Income	-$380,000	$2M	-117.0%
Net Income	-$603,000	$51M	-101.2%

Revenue Segments

Broadband Segment

$60M92%

Tower Segment

$5M8%