Investigation announced for Investors in shares of WideOpenWest, Inc. (NYSE: WOW)

An investigation on was announced concerning potential securities laws violations by WideOpenWest, Inc. in connection with certain financial statements.

Investors who purchased shares of WideOpenWest, Inc. (NYSE: WOW), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of WideOpenWest, Inc. (NYSE: WOW) concerning whether a series of statements by WideOpenWest, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

Englewood, CO based WideOpenWest, Inc. provides high speed data, cable television, and digital telephony services to residential and business services customers in the United States.
On March 4, 2020, WideOpenWest announced the Company's financial and operating results for the fourth quarter and full-year ended December 31, 2019. WideOpenWest, Inc. reported that its annual Total Revenue declined from over $1.15 billion in 2018 to $1.14 billion in 2019 and that its Net loss of $90.6 million 2018 turned into a Net Income of $36.4 million in 2019. However, WideOpenWest, Inc also reported non-GAAP earnings per share ("EPS") of $0.14 and GAAP EPS of $0.08 on revenue of $283.5 million, all of which fell short of consensus estimates.

Shares of WideOpenWest, Inc. (NYSE: WOW) declined from $8.12 per share on February 12, 2020 to as low as $4.27 per share on March 9, 2020.

Those who purchased shares of WideOpenWest, Inc. (NYSE: WOW) have certain options and should contact the Shareholders Foundation.

Media Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

This release was published on openPR.