WideOpenWest reports Q4/FY 2017 results

WideOpenWest, Inc. (“WOW!”) (NYSE: WOW), a, fully integrated provider of residential and commercial high-speed data, video and telephony services to customers in the United States, has announced financial and operating results for the fourth quarter and year ended December 31, 2017, the company said.

For the year ended December 31, 2017, WOW! reported Total Revenue of USD 1.188 billion, down USD 48.9 million, or 4.0%, compared to the year ended December 31, 2016.

Total Revenue Including Acquisitions and Dispositions declined 1.4% from year end 2016. The company reported 2017 Net Income of USD 159.5 million and Transaction Adjusted EBITDA of USD 437.1 million, a decrease of USD 5.0 million, or 1.1%, compared to the year ended December 31, 2016.

On a reported basis, Residential Subscription Revenue for the year ended December 31, 2017, was down 4.5% compared to the year ended December 31, 2016. Residential Subscription Revenue Including Acquisitions and Dispositions decreased 2.6% to USD 921.9 million compared to the year ended December 31, 2016.

The largest contributor to the decline in Residential Subscription Revenue and Residential Subscription Revenue Including Acquisitions and Dispositions was video and telephony RGU losses, partially offset by increases in ARPU and HSD subscriber net gain.

WOW! is one of the nation´s providers of high-speed Internet, cable TV and phone serving communities in the US Our operating philosophy is to deliver an employee and customer experience that lives up to its name. For more information, visit www.wowway.com.