From AT&T to Shentel: Tracking broadband earnings in Q4 2024

Lightwave+BTR is tracking players' performance in the broadband space in the fourth quarter of 2024.

The fourth quarter of the 2024 earnings reporting season has begun, and Lightwave+BTR will be tracking how key players in the broadband industry performed. Please check here for updates on this segment's providers, vendors and integrators. 

You can also check out how Lightwave+BTR tracks the fourth quarter of 2024 results of the major players in the optical networking industry.

Also, check out our coverage of Q4 2023, Q1 2024, Q2 2024 and Q3 2024 broadband earnings and Q4 2023, Q1 2024, Q2 2024 and Q3 2024 optical earnings.

Jan 13

Ekinops
www.ekinops.com
Ekinops reported $30.6 million in fourth quarter 2024 earnings, down two percent year-over-year. It saw an uptick in access and software, while optical networking challenges continued due to service provider spending challenges.
- see our coverage

Jan 24

Verizon
www.verizon.com
During the fourth quarter,  Verizon added 408,000 broadband net subscribers, continuing its quarterly pace of over 350,000 broadband net additions.
- here’s our broadband coverage

Jan 27

AT&T
www.att.com
AT&T added 307,000 consumer fiber net subscribers in the fourth quarter, ended the year with nearly 30 million locations passed, and reported consumer wireline revenues of $3.5 billion.
- here’s our broadband coverage

Jan 29

Corning
www.corning.com
Due to strong sales in Optical Communications and record sales in the Enterprise portion of the business, Corning reported that total fourth-quarter sales were $1.4 billion, up 51 percent yearly.
- see our coverage

Jan 30

Calix
www.calix.com
Calix reported fourth-quarter revenues of $206 million, a 2.6% sequential growth but down 22% year-over-year. 
- see our coverage

Comcast
www.comcast.com
Comcast reported $31.9 billion in revenues, up 2.1% year-over-year. The cable MSO saw strong growth in its Comcast Business unit, which saw revenues rise 3.7% year-over-year to $2.45 billion.
- see our coverage 

Jan 31

Charter Communications
www.charter.com
Charter successfully managed the end of ACP and continues to invest in growing its broadband footprint.
-see our coverage 

Feb 4 

Lumen
www.lumen.com
Lumen's overall revenues decreased in the fourth quarter, but fiber broadband revenues saw 18.9% growth. The company added 42,000 fiber customers in the quarter.
-see our coverage

Feb 6

Clearfield
www.seeclearfield.com
Clearfield reported that consolidated net sales in Clearfield’s first quarter of fiscal 2025 were $35.5 million, a 4% increase year over year. Net loss for the quarter was $1.9 million.
- see our coverage 

Feb 13 

Altice USA
www.alticeusa.com
Altice USA Altice had total revenues of $2.2 billion in the fourth quarter, down 2.9% year over year. Altice brought in 57,000 net fiber additions in the fourth quarter, ending the year with 538,000 fiber customers.
- see our coverage

Feb 20

Frontier
www.frontier.com
Frontier reported that overall revenue rose 3% year-over-year to $5.95 billion, as fiber revenue growth of 14% offset copper revenue declines of 8%.
- see our broadband coverage
- and our business services coverage

Shentel
www.shentel.com
Shentel had revenues of $85.4 million in the fourth quarter, up 25% year over year. Glo Fiber revenue was $21.4 million, thanks to an increase in subscribers and ARPU. 
- see our coverage

Feb 21

TDS Telecom
www.tdsinc.com
TDS Telecom had 7,900 residential broadband net adds in the fourth quarter and grew its number of fiber service addresses by 129,000 in 2024.
- see our coverage

Feb 26 

CommScope
www.commscope.com
In the fourth quarter, CommScope reported net sales of $1.17 billion, up 27% year over year. The company attributed this to strength in the Networking, Intelligent Cellular, and security Solutions (NICS) and Connectivity and Cable Solutions (CCS) businesses.
- see our coverage 

Dycom
www.dycomind.com
Due to growth across its five top customers, Dycom reported that contract revenues rose 13.9% to $1.1 billion for the 2025 fourth quarter.
- see our coverage

Feb 27

Adtran
www.adtran.com
As a result of strong optical networking solutions growth, Adtran’s fourth-quarter revenue was $242.9 million, up $15.1 million or 7%, above what it said was the midpoint of its guidance.
- see our coverage 

Cable One
www.sparklight.com
Cable One had revenues of $387.2 million in the fourth quarter, down 6% year over year. Residential data revenues decreased by 5.4%, while business data revenues increased by 2.3%.
- see our coverage

March 14

Wide Open West 
www.wowway.com