WOW! REPORTS FIRST QUARTER 2024 RESULTS
ENGLEWOOD, Colo., May 7, 2024 /PRNewswire/ -- WideOpenWest, Inc. ("WOW!" or the "Company") (NYSE: WOW), one of the nation's leading broadband providers, with an efficient, high-performing network that passes 1.9 million residential, business and wholesale consumers, today announced financial and operating results for the first quarter ended March 31, 2024.
- Net Loss for the quarter ended March 31, 2024 was $15.0 million as compared to net loss of $38.0 million for the quarter ended March 31, 2023.
- Net Profit Margin was (9.3)% for the quarter ended March 31, 2024 as compared to (22.1)% for the quarter ended March 31, 2023.
- Adjusted EBITDA margin was 41.7% for the quarter ended March 31, 2024, as compared to 37.9% for the quarter ended March 31, 2023.
- Capital Expenditures totaled $72.5 million for the quarter ended March 31, 2024, representing a $12.3 million increase compared to the quarter ended March 31, 2023.