Shenandoah Telecom: 3Q Earnings Snapshot
By The Associated Press | Published Nov. 7, 2020 10:00 a.m.
EDINBURG, Va. (AP) _ Shenandoah Telecommunications Co. (SHENTEL) on Friday reported third-quarter profit of $34.9 million.
The Edinburg, Virginia-based company said it had profit of 70 cents per share. Earnings, adjusted to account for discontinued operations, were 3 cents per share.
The telecommunications service provider in parts of Maryland, Pennsylvania, Virginia and West Virginia posted revenue of $55.2 million in the period.
Shenandoah Telecom shares have increased 9% since the beginning of the year. The stock has climbed 14% in the last 12 months.
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