Shenandoah Telecom (SHEN) Posts Q3 EPS of 33c
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Shenandoah Telecom Co (SHEN) Subscriber Growth Drives Revenue; FBR Capital Reiterates Outperform
November 2, 2015 9:51 AM ESTFBR Capital reiterated an Outperform rating and $40.00 price target on Shenandoah Telecommunications (NASDAQ: SHEN) following the company's 3Q earnings report. 3Q revenues increased 3.6% YOY to $85.2M, compared to consensus of $87.2M, driven by subscriber growth in the wireless and RGU growth in cable.
Analyst David Dixon commented, "Shenandoah Telecommunications Co. (Shentel) continues to execute and... More
