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SHENBearishEarningsnews
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Shenandoah Telecommunications (SHEN) Reports Q1 Loss, Misses Revenue Estimates

May 3, 2024, 9:16 AM EDT1 sourcesAI-analyzed

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What happened, with direct paths to the underlying reporting

- SHEN reported quarterly loss of $0.08 per share, missing expectations. - Revenues of $69.25 million, down from $71.69 million a year ago. - Company's earnings outlook is favorable, receiving a Zacks Rank #1 (Strong Buy). - SHEN shares down 38.7% this year, has underperformed the market. Price Impact Rating: bearish Impact Horizon Rating: short-term Type: Earnings

  • SHEN reported quarterly loss of $0.08 per share, missing expectations.
  • Revenues of $69.25 million, down from $71.69 million a year ago.
  • Company's earnings outlook is favorable, receiving a Zacks Rank #1 (Strong Buy).
  • SHEN shares down 38.7% this year, has underperformed the market.

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