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Dec 31, 2023
WideOpenWest Q4 2023 Earnings Report
WOW! reported mixed results for Q4 2023, with revenue decline offset by HSD revenue increase and margin expansion.
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%.
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).
Historical Earnings Impact
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Avg. Return Before/After Earnings
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