SHENShenandoah Telecommunications Company

$820M

Q4 2023 Earnings

Communication Services Telecommunications Services

Income Statement

Revenue

$68M-3.0% YoY

Gross Profit

$44M64.1% margin

Operating Income

$563,0000.8% margin

Net Income

$3M3.8% margin

EPS (Diluted)

$0.05

QoQ Revenue Growth

+0.7%

Cash Flow

Operating Cash Flow

$22M

Free Cash Flow

-$44M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$1.2B

Total Liabilities

$562M

Stockholders' Equity

$653M

Cash & Equivalents

$139M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$68M	$70M	-3.0%
Gross Profit	$44M	$43M	+1.1%
Operating Income	$563,000	-$3M	+121.1%
Net Income	$3M	-$2M	+242.0%

Revenue Segments

Service and Other

$216M90%

Tower Lease

$14M6%

Carrier Access Revenue

$11M5%

SHEN Q4 2023 Earnings — Shenandoah Telecommunications Company Revenue & Financial Results | Market Cap Arena