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Shenandoah Telecom: 3Q Earnings Snapshot

7 November 2020 Shenandoah County News


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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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SHEN at https://www.zacks.com/ap/SHEN

(All contents © copyright 2020 Associated Press. All rights reserved)

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