Earnings To Watch: WideOpenWest (WOW) Reports Q1 Results Tomorrow

Investors, this is a critical moment for WideOpenWest (WOW). The broadband provider reports Q1 2025 earnings tomorrow morning, and the stakes couldn’t be higher. Let’s dive into what’s at play here.

The Setup: A Struggling Giant
WOW has been in freefall for years, and these numbers don’t lie. Analysts are expecting a Q1 EPS of -$0.19, a steeper loss than the -$0.15 they were predicting just a month ago. Revenue is projected to drop 8.25% YoY to $148.17 million, with the company now forecasting a full-year 2025 EPS of -$0.72—a full $0.59 worse than where they stood five years ago.

Why This Report Matters
WOW isn’t just missing numbers—it’s losing customers. As of Q4 2024, its subscriber base had plummeted 5.2% YoY to 478,700, a sign that its core broadband business is crumbling. Let’s put this in perspective: . That chart will show a steady downward spiral, with revenue shrinking and losses deepening.

The Red Flags
The numbers scream caution. Even though the stock trades at a $4.49 share price—far below the $6.15 Wall Street “price target”—the fundamentals are dire. Analysts warn that the 1.4x EV/EBITDA multiple is a mirage. Why? Because revenue has been dropping at an 11.2% annualized rate over five years, and operating margins are still negative 3.1%. This isn’t a turnaround story—it’s a slow-motion disaster.

What to Watch Tomorrow
1. Subscriber Numbers: Can they stop the bleeding? A further drop would be catastrophic.
2. Cash Flow: Negative free cash flow is a death knell for telecoms. If they’re burning cash faster, expect panic.
3. 2026 Guidance: Management might try to sugarcoat things, but if they admit losses could hit -$0.55 per share next year, this stock could crater.

The Bottom Line
WOW is a cautionary tale. Despite its cheap valuation, the math doesn’t add up. With revenue shrinking, customers fleeing, and losses compounding, this isn’t a “value” play—it’s a “value trap.” Unless tomorrow’s report delivers a shockingly positive surprise (and I mean shocking), investors should steer clear.

Final Verdict: Run, don’t walk, from this one unless you’re a speculator willing to bet on a miracle. The data says this is a sinking ship.

— Stay tuned to the results tomorrow. This could be a bloodbath or a Hail Mary moment. Either way, it’s not for the faint of heart.