(USD) | Mar 2024 | Q/Q |
---|---|---|
Revenue | 161.5MM | -4% |
Gross Profit | 94MM | - |
Cost Of Revenue | 67.5MM | -6% |
Operating Income | 5.2MM | -115% |
Operating Expenses | 88.8MM | - |
Net Income | -15MM | -66% |
G&A | 36.4MM | +8% |
Interest Expense | 21MM | +5% |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
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WideOpenWest, Inc. (NYSE:WOW) Q1 2024 Earnings Call Transcript May 7, 2024 WideOpenWest, Inc. misses on earnings expectations. Reported EPS is $-0.18439 EPS, expectations were $-0.15. WOW isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Thank you for standing by. My […]
Despite revenue declines, WOW shows resilience with strategic expansions and improved EBITDA margins.
Q1 2024 WideOpenWest Inc Earnings Call
Despite Revenue Dip, WOW Shows Improved Operational Efficiency and Cost Management
Broadband and telecommunications services provider WideOpenWest (NYSE:WOW) reported results in line with analysts' expectations in Q1 CY2024, with revenue down 6.2% year on year to $161.5 million. On the other hand, next quarter's revenue guidance of $159.5 million was less impressive, coming in 1.9% below analysts' estimates. It made a GAAP loss of $0.18 per share, improving from its loss of $0.46 per share in the same quarter last year.
WideOpenWest, Inc. ("WOW!" or the "Company") (NYSE: WOW), one of the nation's leading broadband providers, with an efficient, high-performing network that passes 1.9 million residential, business and wholesale consumers, today announced financial and operating results for the first quarter ended March 31, 2024.
Broadband and telecommunications services provider WideOpenWest (NYSE:WOW) will be announcing earnings results tomorrow before market open. Here's what you need to know.
Shares of broadband and telecommunications services provider WideOpenWest (NYSE:WOW) jumped 31.8% in the afternoon session after the company received preliminary non-binding acquisition offer from Crestview and DigitalBridge (WOW's largest shareholder). The proposal valued WOW at $4.80/share, which implied a 25% premium to WOW's stock closing price on May 2, 2024. Crestview owns 38% of WOW, while Digital Bridge is a communication infrastructure alternative asset manager who has raised fairly mea
WideOpenWest, Inc. (NYSE: WOW), a leading broadband services provider, today confirmed that it has received an unsolicited non-binding preliminary proposal from DigitalBridge Investments, LLC and various Crestview entities to purchase all of the outstanding shares of WOW! that Crestview does not currently own for $4.80 per share in cash.
Key Insights WideOpenWest's Annual General Meeting to take place on 9th of May CEO Teresa Elder's total compensation...