Shenandoah Telecom: Q3 Earnings Snapshot
EDINBURG, Va. (AP) — EDINBURG, Va. (AP) — Shenandoah Telecommunications Co. (SHEN) on Friday reported third-quarter net income of $1.6 million.
The Edinburg, Virginia-based company said it had net income of 3 cents per share.
The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 1 cent per share.
The telecommunications service provider in parts of Maryland, Pennsylvania, Virginia and West Virginia posted revenue of $71.8 million in the period, also surpassing Street forecasts. Three analysts surveyed by Zacks expected $71.2 million.
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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
