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Shentel reports loss

2 weeks ago in Business, Local

Shentel reports loss

Stock numbers on a screen. Photo: Metro Services


EDINBURG, VA. (AP) — Shenandoah Telecommunications Co. (SHEN) on Thursday reported a loss of $5.4 million in its fourth quarter.

The Edinburg, Virginia-based company said it had a loss of 10 cents per share.

The telecommunications service provider in parts of Maryland, Pennsylvania, Virginia and West Virginia posted revenue of $91.6 million in the period.

For the year, the company reported a loss of $32.9 million, or 71 cents per share. Revenue was reported as $357.9 million.

Shenandoah Telecom expects full-year revenue in the range of $370 million to $377 million

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