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Also, in an effort to provide useful information to investors, we note on Slide 3 that our comments today include non-GAAP financial measures. Details on these measures, including why we use them and reconciliations to the most comparable GAAP measures are included in our SEC filings.I’ll turn the call over to Chris now. Christopher French Thank you, Adele. We appreciate everyone joining us this morning. I’m pleased to report another quarter of strong improvement in our financial results. Revenue growth again led the way with customer growth and demand for additional data services making important contributions. Our Network Vision project to transition the 4G LTE continued in the second quarter as we began installing base stations to replace existing 3G cell sites. Financial highlights are shown on slide five. Net income was $5.6 million for the quarter, up 86% from the second quarter of 2011. Net income from continuing operations was similar due to their only being a small portion remaining of our old converted services business. The earnings improvement was driven by a $9.8 million increase in revenues. Adjusted operating income before depreciation and amortization was up $3.9 million over the second quarter of 2011, an increase of 17%. Moving to Slide 6, revenues reached $71.4 million, an increase of almost 16% over second quarter of 2011. Wireless customer growth and RGU growth in the Cable segment drove the revenue increase. We continued our streak of quarterly positive net adds and wireless ending the quarter with just over 372,000 postpaid and prepaid subscribers. While our cable segment had a seasonal loss of RGUs for the quarter, at quarter's end we had approximately 137,000 RGUs, an increase of 4.6% over second quarter 2011's ending number. Growth in average billings per customer in the Cable segment and in particularly in the Wireless segment also contributed significantly to the revenue growth.
Specific Wireless segment highlights are shown on slide 7. We again had positive net wireless additions in both our postpaid and prepaid services with the number of total customers up nearly 4.6% over the yearend 2011 number and 12% higher than second quarter 2011. We added 4341 net postpaid customers during the quarter reaching a total of approximately 255,000.Prepaid customers grew by 2686 in the second quarter to a total of just over 117000. Continued prepaid growth was helped by churn of just 3.56% this quarter related to 4.58% for the second quarter of 2011. Customer and revenue growth contributed to an increase of operating income in the Wireless segment of $2.1 million over the second quarter of 2011. Cable segment highlights are shown on slide eight. We experienced a 2,547 decrease in cable segment RGUs in this quarter attributed to seasonal disconnects in the college communities we serve, but total RGUs ended the quarter 4.6% higher than the second quarter of 2011. We now have a total of approximately 137,000 cable segment RGUs. The upgrades of the cable systems acquired in 2010 are nearing completion with the last system upgrade currently underway and expected to be completed later this year. I will now turn the call back to Adele to review the details of our financial results. Adele Skolits Thank you, Chris. OIBDA for Q2 ‘12 was $26.9 million or up $3.9 million from Q2 ‘11. In order to better understand the forces driving this change I've provided the OIBDA results by segment on slide 11. This table shows the individual operating segments contribution to the consolidated financial results. Wireless OIBDA has grown by 17% and cable results have improved by 71%. The slight improvement in Wireline financial results was driven primarily by additional sales of fiber facilities. I will review the Wireless and Cable improvements in greater depth on the next two slides. Read the rest of this transcript for free on seekingalpha.com