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Dec 31, 2022

WideOpenWest Q4 2022 Earnings Report

WOW! reported mixed results for Q4 2022, with revenue increasing slightly but net loss reported.

Key Takeaways

WideOpenWest (WOW!) reported a slight increase in total revenue for Q4 2022, driven by growth in high-speed data revenue. However, the company experienced a net loss during the quarter. Adjusted EBITDA Post Asset Sale increased by 8% compared to the same period in 2021.

Total revenue from continuing operations increased by 1% to $180.5 million compared to Q4 2021.

High-Speed Data (HSD) revenue from continuing operations increased by 7% to $107.1 million compared to Q4 2021.

Net loss from continuing operations was $12.7 million.

Adjusted EBITDA Post Asset Sale increased by 8% to $74.6 million compared to Q4 2021.

Total Revenue
$181M
Previous year: $178M
+1.2%
EPS
-$0.15
Previous year: $0.01
-1600.0%
Total Subscribers
530.6K
HSD RGUs
511.6K
Gross Profit
$103M
Previous year: $88.8M
+15.9%
Cash and Equivalents
$31M
Previous year: $193M
-84.0%
Total Assets
$1.72B
Previous year: $1.91B
-9.9%

WideOpenWest

WideOpenWest

WideOpenWest Revenue by Segment