SHEN Q2 2023 Earnings — Shenandoah Telecommunications Company Revenue & Financial Results | Market Cap Arena

SHENShenandoah Telecommunications Company

$820M

Q2 2023 Earnings

Communication Services Telecommunications Services

Income Statement

Revenue

$67M+0.9% YoY

Gross Profit

$42M62.9% margin

Operating Income

-$118,000-0.2% margin

Net Income

$2M2.7% margin

EPS (Diluted)

$0.04

QoQ Revenue Growth

-7.0%

Cash Flow

Operating Cash Flow

$21M

Free Cash Flow

-$46M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$1.0B

Total Liabilities

$378M

Stockholders' Equity

$649M

Cash & Equivalents

$26M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$67M	$66M	+0.9%
Gross Profit	$42M	$39M	+6.7%
Operating Income	-$118,000	-$3M	+96.2%
Net Income	$2M	-$3M	+155.5%

Revenue Segments

Broadband Segment

$67M93%

Tower Segment

$5M7%