From AT&T to Shentel: Tracking broadband earnings in Q1 2025
The first quarter of the 2025 earnings reporting season has begun, and Lightwave+BTR will track 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 first quarter of 2025 results of the major players in the optical networking industry.
Also, check out our coverage of Q4 2023, Q1 2024, Q2 2024, Q3 2024, and Q4 2024 broadband earnings and Q4 2023, Q1 2024, Q2 2024, Q3 2024, and Q4 2024 optical earnings.
April 10
Ekinops
www.ekinops.com
Ekinops reported $32.5 million in revenues for the quarter, up 1% year-over-year from last year.
- see our coverage
April 22
Calix
www.calix.com
Calix's revenues were $220 million in the first quarter, up 7% sequentially. Total RPOs grew 4% in the quarter to $340 million.
- see our coverage
Verizon
www.verizon.com
Verizon reported first quarter consolidated operating revenue of $33.0 billion, up 0.2 percent from first-quarter 2023 with strong results in wireless and broadband.
- see our coverage
April 23
AT&T
www.att.com
AT&T's total revenues were $30.6 billion in the first quarter. The company added 261,000 fiber subscribers and 137,000 total broadband net additions.
- see our coverage
April 24
Comcast
www.comcast.com
Comcast reported that Business Services connectivity revenue rose 3.7% yearly to $2.5 billion.
- see our business services coverage
April 25
Charter Communications
www.charter.com
Charter Communications had revenues of $13.7 billion in the first quarter but suffered a net loss of 60,000 internet customers.
- see our coverage
April 29
Corning
www.corning.com
Corning reported that in the first quarter, Optical Communications' sales were $1.36 billion, up 106%, driven by the continued strong adoption of its new Gen AI products in the enterprise portion of the business.
- see our coverage
Frontier
www.frontier.com
Frontier added 321,000 fiber passings to reach 8.1 million locations passed with fiber during the first quarter.
- see our coverage
April 30
Shentel
www.shentel.com
Shentel reported first quarter revenues of $87.9 million, a 27% year-over-year increase.
- see our coverage
May 1
Cable One
www.cableone.com
Cable One reported total revenues of $380.6 million in the first quarter of 2025, compared to $404.3 million in the first quarter of 2024. Residential data revenues decreased $10.7 million, or 4.5%, year over year.
- see our coverage
CommScope
www.commscope.com
Driven by an increase in all segments, CommScope reported net sales from continuing operations of $1.1 billion, up 23% year-over-year.
- see our coverage
Lumen
www.lumen.com
Lumen reported first-quarter revenue of $3.18 billion, down from $3.29 billion in the first quarter of 2024.
- see our coverage
May 2
TDS Telecom
www.tdsinc.com
TDS Telecom’s revenue was down 3% to $257 million due to declines in wholesale and business services revenue, which were down 6% and 12%, respectively, to $35 million and $39 million.
- see our coverage
May 6
Wide Open West
www.wowway.com
WideOpenWest reported that the company’s total first quarter revenue was $150.0 million, down by $11.5 million, or 7.1%, from the same period in 2024.
- see our coverage
May 7
Adtran
www.adtran.com
Adtran reported first-quarter revenue of $247.7 million, up 10% year over year and above the midpoint of the outlook.
- see our coverage
May 8
Altice USA
www.alticeusa.com
Altice USA reported first-quarter revenue of $2.2 billion, down 4.4% year-over-year.
- see our coverage
Clearfield
www.seeclearfield.com
Clearfield reported sales of $47.2 million, up 28% over the same period in the prior year and above its guidance range.
- see our coverage
May 21
Dycom
www.dycomind.com
Dycom’s first quarter fiscal year 2026 revenues were $1.26 billion, up 10.2% year-over-year.
- see our coverage
About the Author
Sean Buckley
Sean is responsible for establishing and executing the editorial strategies of Lightwave and Broadband Technology Report across their websites, email newsletters, events, and other information products.
Hayden Beeson
Hayden Beeson is a writer and editor with over seven years of experience in a variety of industries. Prior to joining Lightwave and Broadband Technology Report, he was the associate editor of Architectural SSL and LEDs Magazine.