Wideopenwest Stock Price, News & Analysis

WOW! Internet, Cable & Phone (NYSE: WOW) announced CEO Teresa Elder and CFO John Rego will participate in virtual investor conferences on November 17 at 9:20 AM EST (RBC Global Technology Conference) and November 19 at 10:00 AM EST (Stephens Annual Investment Conference 2020). A live webcast will be available on the company’s investor relations website. WOW! serves over three million customers in 19 markets, offering high-speed internet, cable TV, and phone services.

WideOpenWest, Inc. (WOW) reported its third quarter financial results for 2020, showing total revenues of $288.7 million, a modest increase of 1.2% year-over-year. Net income was $9.0 million, down from $11.4 million in Q3 2019, resulting in diluted earnings per share of $0.11. High-Speed Data (HSD) revenues grew by 9.5%, totaling $142.6 million, while overall subscriber numbers reached 846,300, representing a 3.5% increase. Adjusted EBITDA decreased slightly to $113.5 million, reflecting a margin of 39.3%. Free cash flow for the quarter was $21.7 million.

WOW! Internet, Cable & Phone (NYSE: WOW) announced a webcast and conference call on November 5, 2020, at 5:00 p.m. ET to discuss its third-quarter financial results for the period ending September 30, 2020. A press release revealing these results will be issued after market close on the same day. The call can be accessed live via the company's investor relations website or by dialing (866) 393-4306. A replay will be available on the website and via telephone until November 19, 2020.

WOW! Internet, Cable & Phone (NYSE: WOW) announced its participation in ACA Connects and EducationSuperHighway's "K-12 Bridge to Broadband" program aimed at providing internet access to low-income students affected by the COVID-19 pandemic. The initiative allows schools to purchase broadband services on behalf of these students, ensuring they can engage in remote learning. WOW! will identify unserved homes in need of internet access, reflecting its commitment to supporting educational connectivity during challenging times.

WOW! Internet, Cable & Phone (NYSE: WOW) has announced the promotions of Gary Nilsen to senior vice president of engineering and Ryan Mitchell to vice president of network, product, and service engineering. Both executives have been with the company for over 20 years and will lead WOW!'s engineering teams to enhance the broadband services provided. These promotions aim to drive innovation and bolster the company’s growth amidst the challenges posed by the COVID-19 pandemic, as stated by CTO Henry Hryckiewicz.

WOW! Internet, Cable & Phone has appointed Andrew Posen as its new Vice President and Head of Investor Relations, effective October 1, 2020. Posen, who brings over 20 years of experience in investor relations and corporate strategy, aims to strengthen communications with the investment community. This appointment signifies WOW!'s commitment to growth and success in the competitive broadband market. CFO John Rego emphasized Posen's industry recognition and his potential impact on conveying the company’s value.

WOW! Internet, Cable & Phone (NYSE: WOW) announced that CEO Teresa Elder and CTO John Rego will participate in a fireside chat on September 17, 2020, during KeyBanc's Future of Technology Series. The discussion will focus on recent market shifts in the telecommunications sector, driven by remote work and changing consumer habits. Elder emphasized the importance of maintaining high service quality during these unprecedented times. WOW! serves three million customers in 19 markets across the Midwest and Southeast, providing a range of broadband services.

WOW! Internet, Cable & Phone (NYSE: WOW) has launched a new Business Home Office solution aimed at supporting small businesses and teleworkers impacted by the COVID-19 pandemic. This service offers fast, reliable internet with various speed tiers and add-ons like Whole-Business Wi-Fi and Hosted VoIP. CEO Teresa Elder emphasized the importance of reliable connectivity for businesses during uncertain times. Additionally, WOW! Business announced National Numbers with Virtual Voice services for managing inbound calls effectively. More information is available at WOW!'s business site.

WOW! Internet, Cable & Phone (NYSE: WOW) has announced the election of Gunjan Bhow to its Board of Directors, effective immediately. Bhow, with over 25 years in digital transformation and consumer digital products, has previously held key roles at Walgreens Boots Alliance, Walt Disney Company, and Amazon. His focus on e-commerce and customer experience is expected to enhance WOW!'s ongoing transformation into a broadband-centric business. This leadership change is seen as a strategic move to drive innovation and adapt to evolving consumer expectations in the broadband market.