initial public offerings (IPOs) trading on American exchanges

Monday, August 14, 2017

=WideOpenWest (WOW) reported earnings Mon 14 Aug 2017 (b/o)



WideOpenWest beats by $0.03, reports revs in-line
  • Reports Q2 (Jun) earnings of $0.15 per share, excluding non-recurring items, $0.03 better thanthe Capital IQ Consensus of $0.12; revenues fell 3.3% year/year to $297.5 mln vs the $299.23 mln Capital IQ Consensus.
  • As of the second quarter of 2017, WOW! reported total subscribers of 776,500 versus 770,200 in the second quarter of 2016 on a transaction adjusted basis, a 0.8% increase. The sequential decline from 780,100 in the first quarter of 2017 reflects a combination of seasonality and the implementation of the Company's annual price increase during the second quarter.
  • Second quarter 2017 Adjusted EBITDA was $112.2 million, up 1.0%, from the second quarter of 2016 on a transaction adjusted basis. Second quarter 2017 Adjusted EBITDA margin was 37.7% up 97 basis points from the same period a year ago on a transaction adjusted basis.

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