Shentel reported a 3.2% increase in total revenue to $88.6 million in Q2 2025, primarily driven by a 40.5% growth in Glo Fiber Expansion Markets revenue. The company also saw a significant improvement in net loss from continuing operations and a 21.9% increase in Adjusted EBITDA, with margin expansion.
Total revenue increased by 3.2% year-over-year to $88.6 million.
Glo Fiber Expansion Markets revenue surged by 40.5% to $19.8 million, with data subscribers growing 43.1%.
Net loss from continuing operations improved to $9.0 million from $12.8 million in the prior year.
Adjusted EBITDA grew by 21.9% to $28.4 million, and Adjusted EBITDA margin expanded from 27% to 32%.
Shentel initiated its 2025 financial guidance, projecting growth in total revenue and Adjusted EBITDA, while anticipating a decrease in capital expenditures net of government grant reimbursements.
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