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Jun 30, 2020
WideOpenWest Q2 2020 Earnings Report
Second quarter results were reported with revenue decreasing slightly and net income decreasing significantly compared to the same period last year.
Key Takeaways
WideOpenWest (WOW!) reported mixed results for Q2 2020. While total subscribers and HSD RGUs increased, total revenue and net income decreased compared to the prior-year period. COVID-19 related issues negatively affected the results.
Total Subscribers increased by 4.3% year-over-year, reaching 844,500.
Total HSD RGUs grew by 5.5% year-over-year, totaling 805,600.
Total Revenue decreased by 2.7% year-over-year, amounting to $282.0 million.
Net Income decreased significantly to $2.2 million, compared to $9.7 million in the prior-year period.
WideOpenWest
WideOpenWest
WideOpenWest Revenue by Segment
Revenue by Segment
Other Revenue
CapyFin.com Forward Guidance
No forward guidance was provided in the release.