Welcome to our dedicated page for WideOpenWest news (Ticker: $WOW), a resource for investors and traders seeking the latest updates and insights on WideOpenWest stock.
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WideOpenWest, Inc. (NYSE: WOW) reported first quarter 2024 results with a 1% increase in High-Speed Data Revenue to $106.2 million. Total Revenue was $161.5 million, a 6.2% decrease compared to the same period in 2023. Net Loss was $15.0 million, while Adjusted EBITDA increased by 3.4% to $67.4 million. The company added 18,100 new homes in Greenfield and Edge-out markets. WOW! also announced Jose Segrera joining the Board of Directors.
WideOpenWest, a broadband services provider, received a non-binding proposal from DigitalBridge Investments, to purchase outstanding shares for $4.80 per share. The board will evaluate the proposal.
WOW! Internet, TV & Phone announced the appointment of Jose Segrera to its Board of Directors, effective May 17, 2024. Segrera, with over 30 years of experience in technology and IT, will bring expertise in business strategy, financial leadership, and team building to the company. His appointment fills the vacancy left by Tom McMillin, who resigned from the board.