10:32 AM EDT, 08/07/2024 (MT Newswires) -- Shenandoah Telecommunications ( SHEN ) shares tumbled 10.5% in recent Wednesday trading after the company reported a Q2 net loss of $0.24 per diluted share, swinging from earnings of $0.04 a year earlier.
Two analysts polled by Capital IQ expected earnings of $0.01.
Service revenue for the quarter ended June 30 rose to $85.8 million from $66.6 million a year earlier. Two analysts surveyed by Capital IQ expected $86.1 million.
Price: 16.55, Change: -1.94, Percent Change: -10.49