Shenandoah Telecommunications stock dropped 7% to US$11.82 today, even though the latest quarter showed the fiber story gaining traction. Revenue reached US$93.5m while the company still reported a loss, and adjusted earnings before interest, tax, depreciation and amortization improved to US$32.0m. That mix can feel confusing in the moment. Short term traders see red on the screen. Long term investors are watching a different picture take shape as fiber moves past half of total revenue and becomes the centre of the investment debate.

Love the fiber growth story at Shenandoah Telecommunications but uneasy about the ongoing losses and cash demands that can come with network build outs? Compare this setup with our list of solid balance…