SHEN Q3 2024 Earnings — Shenandoah Telecommunications Company Revenue & Financial Results | Market Cap Arena

SHENShenandoah Telecommunications Company

$820M

Q3 2024 Earnings

Communication Services Telecommunications Services

Income Statement

Revenue

$88M+30.0% YoY

Gross Profit

$53M60.7% margin

Operating Income

-$4M-4.8% margin

Net Income

-$7M-7.9% margin

EPS (Diluted)

$-0.13

QoQ Revenue Growth

+2.1%

Cash Flow

Operating Cash Flow

$24M

Free Cash Flow

-$51M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$1.7B

Total Liabilities

$688M

Stockholders' Equity

$925M

Cash & Equivalents

$43M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$88M	$67M	+30.0%
Gross Profit	$53M	$41M	+29.3%
Operating Income	-$4M	-$610,000	-584.6%
Net Income	-$7M	$2M	-533.2%