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Sep 30, 2021

WideOpenWest Q3 2021 Earnings Report

WideOpenWest's Q3 2021 results were announced, showcasing revenue growth driven by high-speed data and strategic divestitures.

Key Takeaways

WideOpenWest (WOW!) reported strong Q3 2021 results, driven by a 15% increase in high-speed data revenue from continuing operations. The company's pro forma adjusted EBITDA increased by 6%, and free cash flow totaled $30.7 million. Strategic divestitures have strengthened the balance sheet, positioning WOW! for future growth and investment in its broadband-first strategy.

Total revenue from continuing operations increased to $184.0 million.

High-speed data revenue from continuing operations grew by 15% to $103.3 million.

Net loss from continuing operations was $21.2 million.

Pro forma adjusted EBITDA increased by 6% to $66.7 million.

Total Revenue
$268M
Previous year: $289M
-7.3%
EPS
-$0.26
Previous year: $0.11
-336.4%
Total Subscribers
531.6K
HSD RGUs
509.5K
Gross Profit
$90.6M
Previous year: $148M
-38.7%
Cash and Equivalents
$59.6M
Previous year: $32.9M
+81.2%
Free Cash Flow
$30.7M
Total Assets
$2.12B
Previous year: $2.5B
-15.3%

WideOpenWest

WideOpenWest

WideOpenWest Revenue by Segment