Every 8-K that Shenandoah Telecom Co (SHEN) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow SHEN and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full SHEN filings page.
Shenandoah Telecommunications Company reported second quarter 2026 revenue of $93.5 million, up 5.5% year over year, driven by strong fiber growth. Glo Fiber Expansion Markets revenue rose 32.8% to $26.3 million, while Commercial Fiber grew 9.8%. Incumbent Broadband Markets revenue declined 6.0% and RLEC & Other fell 14.7% as video and DSL customers continued to shrink. Net loss was $7.7 million versus $9.0 million a year earlier, and Adjusted EBITDA increased 12.9% to $32.0 million, with margin improving to 34% from 32%. Fiber businesses represented 51% of total revenue and delivered 21% growth.
For the first six months of 2026, capital expenditures were $146.2 million, down from $169.4 million, reflecting lower spending on government grant construction projects. Total available liquidity at June 30, 2026 was $158.9 million, including $23.9 million of unrestricted cash and $74.8 million of revolver availability. The company previously announced a workforce reduction of about 10%, expecting $12.3 million in annual savings starting in 2027 and incurring approximately $3.1 million in restructuring costs, of which $2.2 million in severance expense has been recorded. Management reiterated 2026 guidance for revenue of $370–$377 million, Adjusted EBITDA of $131–$136 million, and capital expenditures, net of government grant reimbursements, of $220–$250 million, implying mid‑single‑digit revenue growth, double‑digit Adjusted EBITDA growth, and lower net capex versus 2025.
Shenandoah Telecommunications Company reported that Tracy Willis, Vice President and Chief Accounting Officer, notified the company on July 20, 2026 of her intention to resign, effective August 6, 2026. Her role includes serving as the company’s principal accounting officer.
Upon her departure, James Volk, Senior Vice President and Chief Financial Officer, will assume the additional responsibilities of principal accounting officer while continuing as principal financial officer. The company states that Ms. Willis’ departure is not due to any disagreement regarding operations, policies, practices, accounting principles, or financial statement disclosures.
Shenandoah Telecommunications Company reported a planned change to its Board of Directors. On June 4, 2026, investor-designated director James F. DiMola informed the company he will resign from the Board, effective June 8, 2026, and the company stated his resignation is not due to any disagreement over operations, policies, or practices.
Under an existing Investor Rights Agreement with LIF Vista, LLC, an affiliate of GCM Grosvenor, the investor nominated Matthew D. Rinklin to fill the vacancy. Effective June 8, 2026, the Board unanimously elected Rinklin, a Managing Director at GCM Grosvenor L.P., as a Class 3 director with a term running until the 2027 annual meeting, and appointed him to the Nominating and Corporate Governance Committee. He will be compensated under the company’s standard director compensation policies.
Shenandoah Telecommunications Company reported higher first quarter 2026 revenue but a larger loss as it continues investing in fiber expansion. Total revenue rose 4.8% year over year to $92.2 million, led by a 34.6% increase in Glo Fiber Expansion Markets revenue to $24.8 million. Adjusted EBITDA grew 15.0% to $31.7 million, reflecting operating leverage in the fiber businesses.
The Company recorded a net loss from operations of $15.8 million, deeper than the $9.1 million loss a year earlier, driven by higher depreciation, interest expense and restructuring costs tied to a workforce reduction. Capital expenditures were $75.8 million, down from $83.2 million as the Glo Fiber build nears completion. Shentel ended March 31, 2026 with total available liquidity of $194.5 million and reiterated its 2026 guidance, including expected revenue of $370–$377 million, Adjusted EBITDA of $131–$136 million and net capital expenditures of $220–$250 million.
Shenandoah Telecommunications Company held its 2026 annual shareholder meeting and reported vote results and a business update. Shareholders elected Matthew S. DeNichilo, Kenneth L. Quaglio and Michael A. Rhymes to three-year board terms ending in 2029, ratified RSM US LLP as auditor, and approved executive compensation on an advisory basis.
Management’s presentation highlighted 2025 revenue of $357.9 million and Adjusted EBITDA of $119.1 million, both up year over year, driven largely by Glo Fiber expansion and broadband growth. Guidance for 2026 targets total revenue of $370–$377 million and Adjusted EBITDA of $131–$136 million, alongside lower capital expenditures of $220–$250 million, suggesting increasing free cash flow as major network build-outs mature.
Shenandoah Telecommunications Company reported fourth quarter and full year 2025 results and issued 2026 guidance. 2025 revenue rose 9.1% to $357.9 million, while net loss from continuing operations widened to $32.9 million. Adjusted EBITDA increased 26.0% to $119.1 million, with margin improving to 33.3%.
Growth was led by Glo Fiber Expansion Markets, where 2025 revenue jumped 42.7% to $82.6 million, and Commercial Fiber, up 13.2% to $79.3 million. Homes and businesses passed grew to 679,044, and broadband data RGUs increased to 199,947.
The company closed an inaugural $567.4 million secured fiber network term note ABS financing and added a $175.0 million revolving credit facility, helping refinance existing debt. Capital expenditures were $358.9 million, partly supported by $62.5 million in government grant reimbursements. For 2026, Shentel guides to revenue of $370–$377 million, Adjusted EBITDA of $131–$136 million, and net capital expenditures after grants of $220–$250 million. The company also announced a roughly 10% workforce reduction, targeting $12.3 million in annual savings starting in 2027.
Shenandoah Telecommunications Company reported upcoming changes to its Board of Directors. Tracy Fitzsimmons, a current board member, has decided not to stand for reelection at the 2026 Annual Meeting of Shareholders scheduled for April 21, 2026. She will continue to serve until her current term ends, and the company states that her decision is not due to any disagreement regarding operations, policies, or practices.
In line with the company’s director retirement policy, John W. Flora will also retire from the Board at the end of his current term and will not stand for reelection at the same meeting. The company similarly notes that his retirement is not the result of any disagreement with the company. The Board expressed appreciation for both directors’ service and contributions.
Shenandoah Telecommunications Company (Shentel) reported that its subsidiary Shentel Issuer, LLC has priced an inaugural offering of $567,405,000 in secured fiber network revenue term notes. The deal includes $489,142,000 of 5.64% Series 2025-1, Class A-2 term notes and $78,263,000 of 6.03% Series 2025-1, Class B term notes, each with an anticipated repayment date in December 2030, and a weighted average coupon of about 5.69%.
The notes will be secured by fiber network assets and related customer contracts primarily in Virginia, Ohio, Pennsylvania, Indiana, and Maryland. Shentel plans to use the net proceeds to repay and terminate its existing term loans and for general corporate purposes. The notes are being offered in a private placement to qualified institutional buyers under Rule 144A and outside the United States under Regulation S, and are not registered under the Securities Act.
Shenandoah Telecommunications Company (SHEN) furnished an 8-K announcing it issued a press release covering its financial position as of September 30, 2025 and results for the three and nine months ended September 30, 2025. The company also posted supplemental earnings presentation materials on its investor website. The press release is furnished as Exhibit 99.1, with the cover page Inline XBRL file listed as Exhibit 104.