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  1. Home
  2. Tag Archives: Shentel services Virginia

Shenandoah Telecom: 4Q Earnings Snapshot

By Associated Press | Published Feb. 26, 2021 7:09 a.m.

EDINBURG, Va. (AP) _ Shenandoah Telecommunications Co. (SHEN) on Thursday reported fourth-quarter earnings of $49.3 million.

The Edinburg, Virginia-based company said it had net income of 98 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 $58.1 million in the period.

For the year, the company reported profit of $126.7 million, or $2.53 per share. Revenue was reported as $220.8 million.

Shenandoah Telecom expects full-year revenue in the range of $241 million to $248 million.

Shenandoah Telecom shares have increased 5% since the beginning of the year. The stock has fallen 6% in the last 12 months.

_____

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 2021 Associated Press. All rights reserved)

For more news from across the Shenandoah Valley, click here.

Associated Press Automated Insights Earnings adjusted to account for discontinued operations Edinburg Virginia Shenandoah Telecommunications Company Shentel Shentel 4 quarter earnings Shentel expected full year revenue projection Shentel posted revenue Shentel profit report Shentel Services Maryland Shentel services Pennsylvania Shentel services Virginia Shentel services West Virginia Shentel share fall Shentel share increase Zacks stock report zacks.com/ap/SHEN

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