Shentel Q1 2026 revenue rises 4.8% with strong fiber growth despite net loss widening

Shenandoah Telecommunications Company (Shentel) reported a 4.8% increase in total revenue to $92.2 million in Q1 2026, driven by a 34.6% jump in Glo Fiber expansion market revenue. Adjusted EBITDA grew 15% to $31.7 million, reflecting strong fiber business momentum with 6,000 net additions. However, net loss widened to $15.8 million due to higher operating costs and restructuring expenses. Shentel plans to complete its fiber expansion by the end of 2026 and expects positive free cash flow in 2027, maintaining its 2026 financial guidance.