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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.