Shenandoah Telecommunications Company Reports Second Quarter 2016 Revenue of $130.3 Million
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FBR Capital Downgrades Shenandoah Telecommunications (SHEN) to Market Perform
August 8, 2016 7:01 AM EDTFBR Capital downgraded Shenandoah Telecommunications (NASDAQ: SHEN) from Outperform to Market Perform with a price target of $35.00 (from $31.00).
Analyst David Dixon commented, "We downgrade SHEN to Market Perform but raise our price target, from $31 to $35, based on our revised sum-of-the-parts valuation. The 2Q results... More
Shenandoah Telecom Co (SHEN) Misses Q2 EPS Views; adj.-OIBDA Rose 48.5%
August 5, 2016 7:02 AM EDTShenandoah Telecom Co (NASDAQ: SHEN) reported Q2 EPS of ($0.14), $0.39 worse than the analyst estimate of $0.25. Revenue for the quarter came in at $130.3 million versus the consensus estimate of $93.96 million.
Adjusted OIBDA (Operating Income Before Depreciation and Amortization) increased 48.5% to $55.9 million in the second... More
