WideOpenWest Q4 2023 Earnings Report
Key Takeaways
WideOpenWest (WOW!) reported a decrease in total revenue for Q4 2023, but experienced growth in high-speed data (HSD) revenue and achieved record Adjusted EBITDA margins. The company is focused on expanding its network and subscriber base in new markets.
Total revenue decreased by 6% compared to Q4 2022.
HSD revenue increased by 1% compared to Q4 2022.
Net loss was $43.5 million for the quarter.
Adjusted EBITDA decreased by 4.6% compared to Q4 2022, but Adjusted EBITDA margin increased to 42.2%.
WideOpenWest
WideOpenWest
WideOpenWest Revenue by Segment
Forward Guidance
WOW! provided guidance for Q1 2024, including HSD revenue between $104.0 and $107.0 million, total revenue between $159.0 and $162.0 million, Adjusted EBITDA between $64.0 and $67.0 million, and HSD net additions between (2,000) and (500).
Revenue & Expenses
Visualization of income flow from segment revenue to net income