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Shenandoah Telecom: 1Q Earnings Snapshot

EDINBURG, Va. (AP) _ Shenandoah Telecommunications Co. (SHEN) on Thursday reported first-quarter net income of $13.9 million.

On a per-share basis, the Edinburg, Virginia-based company said it had profit of 28 cents.

The telecommunications service provider in parts of Maryland, Pennsylvania, Virginia and West Virginia posted revenue of $158.8 million in the period, missing Street forecasts. Three analysts surveyed by Zacks expected $164 million.

Shenandoah Telecom shares have decreased 6% since the beginning of the year. The stock has climbed 31% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SHEN at https://www.zacks.com/ap/SHEN