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WideOpenWest: Q1 Earnings Snapshot
By AP News - May 04, 2023, 07:24 AM ET
Last Updated - Jun 21, 2023, 10:56 PM EDT
ENGLEWOOD, Colo. (AP) — ENGLEWOOD, Colo. (AP) — WideOpenWest Inc. (WOW) on Thursday reported a loss of $38 million in its first quarter.
On a per-share basis, the Englewood, Colorado-based company said it had a loss of 46 cents.
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The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 8 cents per share.
The cable TV company posted revenue of $172.2 million in the period, also falling short of Street forecasts. Three analysts surveyed by Zacks expected $173.7 million.
For the current quarter ending in June, WideOpenWest said it expects revenue in the range of $173 million to $176 million.
The company expects full-year revenue in the range of $703 million to $707 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a WOW">Zacks stock report on WOW at https://www.zacks.com/ap/WOW
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