Welcome to our dedicated page for Wideopenwest news (Ticker: WOW), a resource for investors and traders seeking the latest updates and insights on Wideopenwest stock.
WideOpenWest Inc (WOW) provides essential broadband and digital communication services across 11 states, combining fiber network innovation with customer-focused solutions. This news hub offers investors and industry observers centralized access to verified updates about the company's strategic direction.
Discover timely information on earnings announcements, network expansion projects, and service enhancements that shape WOW's position in the competitive telecommunications sector. Our curated collection includes official press releases about infrastructure investments, partnership developments, and technological advancements in residential/business broadband solutions.
Key updates cover WOW's progress in fiber-to-the-home deployments, market expansion strategies, and customer growth metrics. Stay informed about regulatory developments and leadership changes impacting this NASDAQ-listed provider (WOW).
Bookmark this page for streamlined tracking of WOW's operational milestones. Combine these updates with SEC filings and market analysis for comprehensive investment research.
On October 12, 2022, WOW! Internet, Cable & Phone (NYSE: WOW) announced a $30,000 donation to the American Red Cross for Hurricane Ian relief efforts in Florida. This support aims to aid shelters and emergency services in areas like Pinellas County and Tampa, which faced severe storm impacts, including flooding and power outages. WOW! is committed to assisting local communities during the long recovery process.
WOW! Internet, Cable & Phone (NYSE: WOW) released its inaugural 2022 ESG/Sustainability Report, emphasizing its commitment to environmental stewardship and community support. The report highlights strategies such as fleet optimization to reduce CO2 emissions by 26.4% in 2021, energy-efficient solutions, and a 59% decrease in real estate footprint. WOW! also promotes employee well-being and community engagement through initiatives like scholarships and volunteer programs. The company is recognized for its corporate governance, with a diverse board and strong compliance measures.
WideOpenWest reported total revenue of $176.1 million for Q2 2022, a 3% decrease year-over-year. High-Speed Data (HSD) revenue rose to $102.6 million, up 4%. Net income fell to $4.0 million, yielding a net profit margin of 2.3%, down from 4.3% a year ago. Pro Forma Adjusted EBITDA reached a record $70.6 million, increasing 10% from last year, with a margin of 40.1%. Subscriber growth continued, with 2,200 new HSD RGUs. The company aims to boost HSD revenue between $415.0 million and $419.0 million for the full year.
WOW! Internet, Cable & Phone (NYSE: WOW), a prominent broadband provider in the U.S., will participate in the KeyBanc Technology Leadership Forum. CEO Teresa Elder is scheduled for a fireside chat on August 8, 2022, at 3:05 PM MT. The live webcast can be accessed via the company’s investor relations website. WOW! serves 1.9 million customers across 14 markets, including states like Michigan and Florida, providing high-speed internet, cable TV, and other services. The company is recognized as a top employer, winning awards for its workplace culture.
On July 26, 2022, WOW! Internet, Cable & Phone (NYSE: WOW) announced a forthcoming webcast and conference call on August 5, 2022, at 8:00 a.m. ET to discuss its Q1 2022 financial and operating results. A news release detailing these results will be issued earlier that day. The call will be available via the company's investor relations website and by phone, with a replay accessible starting August 5 at 11:00 a.m. ET through August 19.
WOW! Internet, Cable & Phone has launched WOW! mobile powered by Reach, expanding its offerings to include flexible wireless services across its entire footprint. Customers can enjoy no-contract, low-cost mobile plans with various data options, enhancing affordability in today's high-cost environment. Existing WOW! internet customers can avail of additional savings. This new service utilizes the nation's largest 5G network, reflecting the company's commitment to connecting customers efficiently and economically.
WOW! Internet, Cable & Phone has announced the launch of its fastest internet service yet, offering 1.2 Gig download speeds and 50 Mbps upload speeds for residential customers. This service is available to both new and existing customers and includes a free modem and unlimited data where applicable. The initiative aims to meet increasing demand for reliable internet amid pandemic-driven changes in work and entertainment. WOW! serves 1.9 million consumers across 14 markets in the Midwest and Southeast and is committed to providing affordable, high-performance broadband services.
FAQ
What is the current stock price of Wideopenwest (WOW)?
What is the market cap of Wideopenwest (WOW)?
