WildOpenWest Reports Q2 Loss, But Beats Revenue Estimates

Summary – Release Date: August 11, 2025

Total Revenue: Decreased 9.2% to $144.2 million.
High-Speed Data (HSD) Revenue: Decreased slightly year-over-year to $104.8 million.
Adjusted EBITDA: Increased 0.4% year-over-year to $70.3 million.
Adjusted EBITDA Margin: Increased to 48.8%.
ARPU (Average Revenue Per User): Increased 4.9% year-over-year to $75.30.
HSD Subscribers: Net loss of 3,900 during the quarter.
Traditional Video Subscribers: Decreased 40.6% year-over-year to 42,500.
Total Cash: $31.8 million.
Total Outstanding Debt: $1.05 billion.
Leverage Ratio: 3.5 times.
Total Capital Expenditure: $47.9 million, down $3.2 million from the same quarter last year.
Unlevered Adjusted Free Cash Flow: $22.4 million for the second quarter

WideOpenWest Inc (NYSE:WOW) announced a definitive agreement for acquisition by DigitalBridge Investments and Crestview Partners, offering a 63% premium to the recent stock price.
The company maintained strong penetration rates of 16% in greenfield markets, adding 15,500 new homes during the quarter.
Adjusted EBITDA increased slightly year-over-year to $70.3 million, with a margin increase to 48.8%.
ARPU reached a record high, increasing 4.9% year-over-year to $75.30, driven by demand for higher speed tiers.
The company successfully expanded its fiber-to-the-home offerings in several key markets, demonstrating strong consumer demand for high-speed broadband.

High-speed data revenue decreased slightly year-over-year to $104.8 million, reflecting a decline in HSD subscribers.
Total revenue for the second quarter decreased by 9.2%, impacted by significant declines in video and telephony revenue.
The company lost a total of 3,900 HSD subscribers during the quarter, despite gains in greenfield and Edge-out markets.
Traditional video business continued to decline, with a 40.6% decrease in subscribers year-over-year.
Unlevered adjusted free cash flow decreased due to lower EBITDA and increased expansion CapEx spend.