#United States #Q3 2025 #Broadband #Englewood #WideOpenWest

WOW! Reports Third Quarter 2025 Results

WideOpenWest, Inc. (NYSE: WOW), a prominent broadband provider in the United States, has recently disclosed its financial and operational outcomes for the third quarter that concluded on September 30, 2025. This detailed report showcases the company’s revenue trajectory, subscriber count, and strategic growth initiatives in the competitive broadband landscape.

Key Financial Highlights

• - Total Revenue amounted to $144 million, reflecting a decrease of $14 million (8.9%) year-over-year compared to Q3 2024.
• - Hydrostatic Data (HSD) Revenue stood at $106.6 million, down by $0.9 million (0.8%) from the previous year.
• - The company experienced a net loss of $35.7 million in this quarter, a significant rise from a net loss of $22.4 million in Q3 2024.
• - Adjusted EBITDA recorded at $68.8 million, down by $8.5 million (11%) from the corresponding period, yielding an Adjusted EBITDA margin of 47.8%.

Despite the challenging financial landscape, WOW! continues to expand its service offerings, passing approximately 15,500 new homes during the quarter, which contributes to a penetration rate of 16% in its Greenfield markets.

Subscriber Metrics and Operational Performance

WOW! reported a total subscriber base of approximately 464,500, indicating a decline of 5%, or 26,000 subscribers, compared to the previous year. Further dissecting the data, the company noted a decrease of 4,900 HSD Revenue Generating Units (RGUs) in Q3 2025. The results demonstrate a pronounced shift in subscriber dynamics amidst economic fluctuations and adjustments in service offerings.

Strategic Market Expansion

The company has not only maintained its existing subscriber base but also made strides in market expansion. The recent quarter saw WOW! add 2,500 subscribers within its Greenfield markets, a critical area for growth. The company has successfully increased its homes passed in these markets to 106,600, bolstering its competitive position. WOW! also amplified its edge-out expansions, passing an additional 3,700 homes, bringing diversity and accessibility to a wider audience.

Capital Management and Future Outlook

In light of these results, WOW! is committed to judicious capital management as it pursues growth initiatives while aiming for operational efficiencies. The company looks forward to a potential acquisition by DigitalBridge Group Inc. and Crestview Partners, which could facilitate further strategic development, pending the fulfillment of certain conditions.

CEO Teresa Elder emphasized this commitment, stating, "The pace of construction and our momentum around adding new customers in our Greenfield markets continue to drive our business forward as we head into the fourth quarter of 2025." This sentiment reflects WOW!'s determination to leverage its network capabilities to maximize service delivery and enhance customer satisfaction.

Challenges and Opportunities

Unfortunately, the overall market pressures and evolving service demands have led to decreased revenue across all service categories, particularly in traditional revenue streams such as Video and Telephony. WOW! must navigate these declines while capitalizing on its strengths in high-speed Internet services, as shown by the increased Average Revenue Per Unit (ARPU). Adjusting service offerings and focusing on customer engagement strategies will be pivotal in combatting revenue losses and restoring subscriber growth.

Conclusion

As WOW! closes Q3 2025 under its belt, the company stands at a crossroads, with commendable opportunities ahead. Its proactive approach to managing capital and expanding its customer base amidst financial challenges underscores its resilience in the competitive broadband sector. Stakeholders will be watching eagerly as WOW! transitions into the next quarter with strategic plans aimed at growth and recovery.

For more details on WOW!'s financial performance, investors and stakeholders can visit the Company's investor relations website at ir.wowway.com.