SHEN Q2 2024 Earnings — Shenandoah Telecommunications Company Revenue & Financial Results | Market Cap Arena

SHENShenandoah Telecommunications Company

$820M

Q2 2024 Earnings

Communication Services Telecommunications Services

Income Statement

Revenue

$86M+28.7% YoY

Gross Profit

$51M59.7% margin

Operating Income

-$16M-18.5% margin

Net Income

-$13M-15.0% margin

EPS (Diluted)

$-0.24

QoQ Revenue Growth

+23.9%

Cash Flow

Operating Cash Flow

$3M

Free Cash Flow

-$78M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$1.7B

Total Liabilities

$644M

Stockholders' Equity

$933M

Cash & Equivalents

$44M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$86M	$67M	+28.7%
Gross Profit	$51M	$42M	+22.4%
Operating Income	-$16M	-$118,000	-13361.9%
Net Income	-$13M	$2M	-819.1%