Earnings Call Summary | WideOpenWest(WOW.US) Q1 2024 Earnings Conference
Earnings Call Summary | WideOpenWest(WOW.US) Q1 2024 Earnings Conference
The following is a summary of the WideOpenWest, Inc. (WOW) Q1 2024 Earnings Call Transcript:
以下是WideOpenWest, Inc.(WOW)2024年第一季度業績電話會議記錄摘要:
Financial Performance:
財務業績:
WideOpenWest reported Q1 revenue from high-speed data of $106.2 million, up 1% year-over-year.
Adjusted EBITDA saw a 3.4% increase year-over-year standing at $67.4 million, with an adjusted EBITDA margin of 41.07%.
HSD Average Revenue Per User saw an increment of over 5% compared to last year.
A decline of 6.2% was recorded in total revenue due to a significant drop of 24.5% and 9.1% in video and telephony revenue respectively.
WideOpenWest報告稱,第一季度高速數據收入爲1.062億美元,同比增長1%。
調整後的息稅折舊攤銷前利潤同比增長3.4%,達到6,740萬美元,調整後的息稅折舊攤銷前利潤率爲41.07%。
與去年相比,HSD 每位用戶的平均收入增長了5%以上。
由於視頻和電話收入分別大幅下降24.5%和9.1%,總收入下降了6.2%。
Business Progress:
業務進展:
The company achieved progress in greenfield markets with 15,100 additional new homes, totaling homes passed to 45,500.
Penetration rates increased to 12.5% in the greenfield markets.
Edge-Outs showed a positive trend with a penetration rate of 32% in 2024 vintage, and solid performance in 2023 and 2022 vintages, with rates of 27% and 31% respectively.
Despite a net loss of 400 HSD subscribers, the performance indicates improvement from the previous quarter.
The company has achieved $29.9 million in savings toward their cost structure alignment target of $35.5 million by 2025.
The company plans to maintain investments in growth, setting their greenfield expansion budget at a maximum of $60 million this year.
該公司在新建市場取得了進展,增加了15,100套新房,房屋總數達到45,500套。
新建市場的滲透率提高到12.5%。
Edge-Outs表現出積極的趨勢,2024年份的滲透率爲32%,2023年和2022年份的滲透率穩健,分別爲27%和31%。
儘管淨流失了400名HSD用戶,但業績表明與上一季度相比有所改善。
該公司已經節省了2990萬美元,實現了到2025年3550萬美元的成本結構調整目標。
該公司計劃維持對增長的投資,將今年的新建擴張預算定爲最高6000萬美元。
More details: WideOpenWest IR
更多詳情: WideOpenWest
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示:欲了解更多詳情,請訪問投資者關係網站。本文僅供投資者參考,不構成任何投資建議。
譯文內容由第三人軟體翻譯。