Shenandoah Telecommunications reported a third-quarter net loss of $9.2 million, narrowing from $9.4 million in the prior-year period, while total revenue increased 4.6% year over year to $93.9 million. Adjusted EBITDA grew 11.8% to $33.2 million, driven by a 32.2% surge in Glo Fiber Expansion Markets revenue to $28.2 million and record net additions of 8,600 fiber customers. The company updated its full-year capital expenditure guidance upward to $255 million–$275 million, citing increased homes passed and timing shifts in subsidy reimbursements. Shenandoah Telecommunications provides broadband services through high-speed fiber optic and cable networks to residential and commercial customers across eight eastern U.S. states.
