SHEN Q1 2024 Earnings — Shenandoah Telecommunications Company Revenue & Financial Results | Market Cap Arena

SHENShenandoah Telecommunications Company

$820M

Q1 2024 Earnings

Communication Services Telecommunications Services

Income Statement

Revenue

$69M-3.4% YoY

Gross Profit

$43M62.5% margin

Operating Income

-$3M-4.0% margin

Net Income

$215M310.0% margin

EPS (Diluted)

$-0.04

QoQ Revenue Growth

+2.0%

Cash Flow

Operating Cash Flow

$15M

Free Cash Flow

-$55M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$1.4B

Total Liabilities

$574M

Stockholders' Equity

$872M

Cash & Equivalents

$390M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$69M	$72M	-3.4%
Gross Profit	$43M	$45M	-4.1%
Operating Income	-$3M	$3M	-201.8%
Net Income	$215M	$2M	+10291.9%

Revenue Segments

Carrier Access Revenue

$3M100%