logo
Shentel Expands High-Speed, Reliable Broadband Service in Bedford County

Shentel Expands High-Speed, Reliable Broadband Service in Bedford County

Yahoo08-04-2025

Laying Fiber
EDINBURG, Va., April 08, 2025 (GLOBE NEWSWIRE) -- Shenandoah Telecommunications Company ('Shentel') (Nasdaq: SHEN), a leading provider of broadband services, recently extended high-speed, gigabit internet service to approximately 2,500 additional homes in Bedford County and plans to add over 1,500 more by the end of the year. This $24 million construction project is partly funded by the Commonwealth of Virginia's nationally recognized Virginia Telecommunication Initiative (VATI) run by the Department of Housing and Community Development (DHCD). The rest of the funding comes from Shentel's own capital investment and a contribution from Bedford County. The goal of the VATI initiative is to create strong, competitive communities by expanding broadband infrastructure into rural areas that lack access to high-speed internet.
'Since the inception of our broadband partnership with Shentel, their company representatives have been true professionals – responsive, accessible, and diligent – which Bedford County staff and leadership greatly appreciate,' stated Tommy Scott, Bedford County Board Chairman. 'More importantly, over the last year the volume and quality of Shentel and their contractors' field work has been excellent. Indeed, they have made tremendous progress in receiving the required permits, burying, and installing aerial fiber optic cable and offering their service to Bedford County residents.'
'Shentel has been in Bedford County for many years and it's encouraging to see them continually expanding their services to citizens and businesses currently without adequate broadband,' said Robert Hiss, Bedford County Administrator. 'Bedford County has enjoyed working with Shentel's capable and professional staff. Over the past year, we've witnessed Shentel make steady progress on their contracted broadband work and anticipate them completing their project in the fall of 2025.'
As a leading broadband internet provider serving smaller markets and rural communities, Shentel takes great pride in several key differentiators:
Fast internet with exceptional reliability
Easy, straight-forward pricing with no long-term contracts
Prompt and friendly local customer service
A full range of video and voice service options
'We are thrilled at the opportunity to expand our high-speed internet network in Bedford County. We are grateful for the leadership of Bedford County and the Department of Housing and Community Development and know that this partnership is positively impacting residents,' said Chris Kyle, Vice President of Government Affairs.
To learn more about Shentel, please visit www.shentel.com for residential service and www.shentelbusiness.com for commercial service.
About Shenandoah TelecommunicationsShenandoah Telecommunications Company (Shentel) provides broadband services through its high-speed, state-of-the-art fiber optic and cable networks to residential and commercial customers in eight contiguous states in the eastern United States. Shentel's services include: broadband internet, video, voice, high-speed Ethernet, dark fiber leasing, and managed network services. The Company owns an extensive regional network with over 16,800 route miles of fiber. For more information, please visit www.shentel.com.
Media Contact:Jennifer McDowellJennifer.McDowell@emp.shentel.com540-984-5055
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/9d9e3167-7f61-4dab-a8b8-0b8ad854f394Sign in to access your portfolio

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

We Think Pilgrim's Pride (NASDAQ:PPC) Might Have The DNA Of A Multi-Bagger
We Think Pilgrim's Pride (NASDAQ:PPC) Might Have The DNA Of A Multi-Bagger

Yahoo

time42 minutes ago

  • Yahoo

We Think Pilgrim's Pride (NASDAQ:PPC) Might Have The DNA Of A Multi-Bagger

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. One common approach is to try and find a company with returns on capital employed (ROCE) that are increasing, in conjunction with a growing amount of capital employed. Basically this means that a company has profitable initiatives that it can continue to reinvest in, which is a trait of a compounding machine. With that in mind, the ROCE of Pilgrim's Pride (NASDAQ:PPC) looks great, so lets see what the trend can tell us. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. If you haven't worked with ROCE before, it measures the 'return' (pre-tax profit) a company generates from capital employed in its business. The formula for this calculation on Pilgrim's Pride is: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.27 = US$1.9b ÷ (US$11b - US$4.0b) (Based on the trailing twelve months to March 2025). Therefore, Pilgrim's Pride has an ROCE of 27%. That's a fantastic return and not only that, it outpaces the average of 10% earned by companies in a similar industry. View our latest analysis for Pilgrim's Pride In the above chart we have measured Pilgrim's Pride's prior ROCE against its prior performance, but the future is arguably more important. If you're interested, you can view the analysts predictions in our free analyst report for Pilgrim's Pride . Pilgrim's Pride is displaying some positive trends. The data shows that returns on capital have increased substantially over the last five years to 27%. Basically the business is earning more per dollar of capital invested and in addition to that, 22% more capital is being employed now too. So we're very much inspired by what we're seeing at Pilgrim's Pride thanks to its ability to profitably reinvest capital. On a side note, we noticed that the improvement in ROCE appears to be partly fueled by an increase in current liabilities. Effectively this means that suppliers or short-term creditors are now funding 36% of the business, which is more than it was five years ago. It's worth keeping an eye on this because as the percentage of current liabilities to total assets increases, some aspects of risk also increase. To sum it up, Pilgrim's Pride has proven it can reinvest in the business and generate higher returns on that capital employed, which is terrific. Since the stock has returned a staggering 184% to shareholders over the last five years, it looks like investors are recognizing these changes. In light of that, we think it's worth looking further into this stock because if Pilgrim's Pride can keep these trends up, it could have a bright future ahead. Since virtually every company faces some risks, it's worth knowing what they are, and we've spotted 2 warning signs for Pilgrim's Pride (of which 1 is concerning!) that you should know about. Pilgrim's Pride is not the only stock earning high returns. If you'd like to see more, check out our free list of companies earning high returns on equity with solid fundamentals. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

The Lovesac Co (LOVE) Q1 2026 Earnings Call Highlights: Navigating Growth and Challenges
The Lovesac Co (LOVE) Q1 2026 Earnings Call Highlights: Navigating Growth and Challenges

Yahoo

timean hour ago

  • Yahoo

The Lovesac Co (LOVE) Q1 2026 Earnings Call Highlights: Navigating Growth and Challenges

Release Date: June 12, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. The Lovesac Co (NASDAQ:LOVE) reported a 4.3% year-over-year increase in total net sales for the first quarter, reaching $138.4 million. The company achieved a 2.8% increase in omni-channel comparable net sales, indicating growth across multiple sales channels. The introduction of the reclining seat and the Evercouch product platforms have been well-received, contributing to market share gains. The Lovesac Co (NASDAQ:LOVE) has maintained a healthy balance sheet with substantial flexibility, supported by strong inventory levels and net cash. The company is actively working on diversifying its manufacturing away from China, aiming for a more sustainable and geographically redundant supply chain. Gross margin decreased by 60 basis points to 53.7% due to higher promotional discounting and reliance on China for manufacturing. Internet net sales decreased by 8.9% year-over-year, indicating challenges in the online sales channel. The company decided to end its partnership with Best Buy, which may impact its distribution strategy and presence in consumer electronics. The promotional environment remains highly competitive, with discount levels in the category remaining high. The Lovesac Co (NASDAQ:LOVE) faces ongoing tariff uncertainties, which could impact costs and require strategic pricing adjustments. Warning! GuruFocus has detected 4 Warning Sign with LOVE. Q: Can you discuss the promotional environment and its impact on gross margins? It seems like gross margins were lower than expected in the first quarter, yet the full-year outlook remains unchanged. What changes are anticipated later in the year? A: Mary Fox, President, explained that the promotional environment remains highly competitive, with discount levels still high. The company plans to maintain a competitive edge by keeping promotions attractive and personalized. Keith Signer, CFO, added that the timing of various mitigation strategies, such as geographic diversification and vendor contributions, will improve gross margins as the year progresses. Q: Could you provide more details on the Evercouch product and its initial reception? A: Sean Nelson, CEO, stated that while it's too early to provide detailed sales figures, the Evercouch has exceeded internal goals and has been well-received. The product is seen as a significant addition to the company's offerings, expanding their market reach and providing a new style option for customers. Q: Why did Lovesac decide to end its partnership with Best Buy, and how does this affect your distribution strategy? A: Sean Nelson, CEO, explained that the decision was based on the expanded showroom footprint, which now provides sufficient coverage. The company plans to focus on its own showrooms and the Costco partnership for distribution, leveraging the data and customer relationships built through these channels. Q: How does the recent US-China framework agreement influence your manufacturing strategy, particularly regarding tariffs? A: Sean Nelson, CEO, mentioned that while the company has a strong relationship with Chinese manufacturers, the current tariff situation is not viable long-term. Lovesac is actively diversifying its manufacturing away from China and aims to manufacture closer to its customer base, reducing reliance on Chinese production. Q: How are new products like the recliner and Evercouch contributing to customer acquisition? A: Sean Nelson, CEO, highlighted that new products are designed to attract new customers and convert those who previously might not have purchased. The recliner and Evercouch address specific customer needs and preferences, expanding the brand's appeal and market reach. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus.

Tuniu Corp (TOUR) Q1 2025 Earnings Call Highlights: Strong Growth in Core Business Amidst ...
Tuniu Corp (TOUR) Q1 2025 Earnings Call Highlights: Strong Growth in Core Business Amidst ...

Yahoo

timean hour ago

  • Yahoo

Tuniu Corp (TOUR) Q1 2025 Earnings Call Highlights: Strong Growth in Core Business Amidst ...

Release Date: June 12, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Tuniu Corp (NASDAQ:TOUR) reported a 19% year-over-year increase in revenues from package tours, indicating strong growth in their core business. The company achieved double-digit year-on-year growth in outbound tour transaction volume, showcasing successful international market penetration. Tuniu Corp (NASDAQ:TOUR) has effectively leveraged AI technologies to enhance customer experience and operational efficiency, particularly with the launch of their travel AI agent. The company expanded its live streaming channels, which contributed to over 15% of the total transaction volume, up from 10% the previous year. Tuniu Corp (NASDAQ:TOUR) opened nearly 300 offline stores, enhancing their market presence and supporting localized procurement efforts. Net revenues increased by only 9% year over year, which may indicate slower overall growth compared to specific segments. The company reported a net loss attributable to ordinary shareholders of $4.7 million in the first quarter of 2025. Operating expenses increased by 15% year over year, which could impact profitability if not managed effectively. Gross profit ratio is expected to be lower this year compared to the previous year due to competitive pricing strategies. Other revenues decreased by 26% year over year, primarily due to a decline in commission fees from other travel-related products. Warning! GuruFocus has detected 4 Warning Signs with TOUR. Q: Can you elaborate on your product strategy and how offering more competitively priced products in the first quarter impacted your revenues and profits? Also, what is the outlook for the second quarter in terms of profitability? A: Donald Wu, CEO: Our strategy prioritizes high-quality products to build a loyal customer base. We offer a diverse price range to attract different customer groups, including those from lower-tier cities. Competitive pricing enhances repurchase rates and allows customers to plan more trips within the same budget. This year, market competition is intense, so we provide competitively priced products to consolidate our market share. We achieve this by consolidating the supply chain and using AI technology for pricing. Our new select products, an affordable line, saw an 80% increase in transaction volume compared to the previous quarter. While our gross profit ratio may be lower this year, we aim to control internal costs and achieve profitability in the second quarter. Q: How does Tuniu plan to leverage AI technology to enhance customer experience and operational efficiency? A: Donald Wu, CEO: We have launched a self-developed travel AI agent, Xiang Liu, which integrates vertical travel application scenarios with open-source large language models. This AI assistant provides smart search, automated price comparison, personalized recommendations, and dynamic packaging. It allows customers to book directly, ensuring a transparent and efficient booking experience. During the Labor Day holiday, we saw increased user engagement with our AI assistant, particularly for flights, train tickets, and hotel bookings. We aim to make customized travel more convenient and accessible through AI. Q: What are the key growth areas for Tuniu in terms of sales channels and product offerings? A: Donald Wu, CEO: We are expanding our sales channels, including live streaming, offline stores, and corporate clients. Our live streaming channels saw double-digit year-over-year growth, contributing over 15% to the company's total transaction volume. We also expanded our live streaming product offerings to include personalized services. Offline, we have nearly 300 stores, primarily in high-demand markets, which help integrate online and offline services. For corporate clients, we offer customized group tours and individual vacation packages. Our new select products, offering good value for money, have expanded to cover a broader array of international destinations. Q: Can you provide more details on the financial performance for the first quarter of 2025? A: An Tiang Shen, Financial Controller: Net revenues were 117.5 million RMB, a 9% increase year-over-year. Revenues from package tours rose 19% to 99 million RMB, accounting for 84% of total net revenues. Other revenues decreased by 26% to 18.5 million RMB. Gross profit was 69.3 million RMB, down 15% year-over-year, while operating expenses increased by 15% to 80.1 million RMB. The net loss attributable to ordinary shareholders was 4.7 million RMB. For the second quarter, we expect revenues between 131 million and 136.8 million RMB, representing a 12% to 17% increase year-over-year. Q: How is Tuniu addressing the challenges in the outbound travel market, particularly in Southeast Asia? A: Donald Wu, CEO: Despite headwinds in some Southeast Asian destinations, long-haul destinations continue to perform well. We offer a diverse range of products, allowing customers to choose between domestic and nearby international options. This flexibility has led to double-digit year-on-year growth in outbound transaction volume. We are also leveraging our supply chain advantages to reduce procurement costs and offer competitively priced products, attracting a broader customer base. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store