Nuvera Communications, Inc.

12.76+0.00 (+0%)

Oct 29, 4:00:00 PM EDT · OTC Markets OTCQB · NUVR · USD

Upcoming Earnings

Report date

≈ -

Key Stats

Market Cap

66.55M

P/E (TTM)

Basic EPS (TTM)

-0.80

Dividend Yield

Recent Filings

10-Q

Q2 FY2025 results

8/14/25Aug 14, 2025

Nuvera Communications posted Q2 revenue of $17.8M, up 3.7% y/y but down 0.4% q/q (derived), fueled by 24.1% y/y growth in A-CAM/FUSF subsidies to $4.3M and 3.9% y/y data service gains to $7.8M, while voice and network access fell 9.7% and 32.4% y/y amid access line losses. Operating income climbed 12.5% y/y to $2.2M, yet net loss narrowed just 2.2% to $0.4M as interest expense rose 14.7% y/y to $3.0M from higher debt loads. YTD revenue hit $35.7M, up 4.6% y/y, with operating income up 19.0% to $4.6M and diluted EPS of $0.11 on 5.45M shares, reconciling to net income of $0.6M. Cash dipped to $0.9M after $8.6M operating cash flow funded $13.4M capex; free cash flow stood negative at $4.8M (derived), backed by $11.4M revolver availability and $141.7M long-term debt at 8.2% average rate maturing 2029. Fiber upgrades reached 46,212 passings. Subsidy cuts remain a key risk.

8-K

Nuvera COO retires, promotions announced

5/23/25May 23, 2025

Nuvera Communications' COO Barbara Bornhoft retired on May 22, 2025, after 35 years, capping her role in launching the Gig Cities fiber initiative three years ago. The company swiftly promoted Mary Korthour to VP of customer experience, Kathy Lund to VP of technical services, and Polly Glaser to senior director of HR to bolster its fiber-forward strategy. Shareholders at the annual meeting elected Nathan Knuth, Brian Olsem, and Bill D. Otis as directors until 2028. Leadership transitions fuel growth amid infrastructure risks.

10-Q

Q1 FY2025 results

5/15/25May 15, 2025

Nuvera Communications kicked off 2025 with revenues climbing 5.5% year-over-year to $17.9M, fueled by a 26.2% surge in A-CAM/FUSF subsidies to $4.3M and 6.1% data service growth to $7.7M, though voice and network access dipped 9.0% and 23.3% respectively amid cord-cutting trends. Operating income rose 25.8% to $2.4M, with gross margins expanding as costs eased 1.5%, yet depreciation jumped 11.1% from fiber investments; diluted EPS hit $0.19 on 5.4M shares, up from $0.14. Cash from operations doubled to $5.0M, funding $8.6M in capex while free cash flow turned negative at -$1.7M (derived); quarter-end cash stood at $0.5M with $10.9M revolver availability, against $142M long-term debt at variable rates partially hedged. Fiber passings advanced to 46,022, up 21% year-over-year. Yet regulatory shifts could trim subsidies.

10-K

FY2024 results

3/17/25Mar 17, 2025

Nuvera Communications wrapped FY2024 with revenues climbing 5.2% to $69.2M, fueled by a 24.3% surge in A-CAM/FUSF subsidies to $15.5M and 8.2% data service growth to $29.8M, though voice and network access dipped 11.4% and 18.7% on access line losses. Q4 revenue hit $17.5M, up from Q3's $17.6M but with fiber passings accelerating to 45,339 (62.6% coverage) and broadband connections rising 5.1% y/y to 33,704, margins held steady amid $53.8M capex for the gigabit fiber push. Operating income rose 7.1% to $9.9M, yet net loss widened 37.7% to $4.4M from higher interest on $143.5M debt and a $4.9M HTC goodwill impairment. Liquidity stayed solid with $11.5M revolver availability and $25M delayed draw term loan, no dividends paid to fund the build. Q4 momentum shone in fiber upgrades, but subsidy cuts loom as a risk to quarterly flows.

8-K

Nuvera amends stock plan

3/4/25Mar 4, 2025

Nuvera Communications amended its 2015 Employee Stock Plan on February 28, 2025, to update the company name, clarify award grants including stock appreciation rights under incentive plans, extend the term to May 31, 2027, and set share counting rules—without increasing the 200,000-share pool. This aligns employee incentives more tightly with shareholder interests through performance-based stock issuance. No new shares authorized. The board eyes smoother retention amid evolving comp structures.

About

Nuvera Communications, Inc. operates as a diversified communications company in the United States. The company offers broadband Internet access and voice over Internet protocol (VoIP) phone services; voice services to make and receive telephone calls within a defined local calling area; and network access services to other communication carriers for the use of its facilities to terminate or originate long distance calls on its fiber network, as well as ethernet services. It also provides video services, including advanced digital TV, video-on-demand services, high-definition TV, digital video recorders (DVR), whole home DVR, and commercial TV programming; data services for business and residential customers; email and managed services comprising web hosting and design, and online file back up and file storage; directory assistance, operator service, and long-distance private lines; directory publishing, bill processing, and other customer services; and fiber-delivered communications and managed information technology solutions, as well as sells and services customer premise equipment. In addition, the company is involved in the retail sale and service of cellular phones and accessories; provision of Internet protocol television and cable television services; and installation and maintenance of communications systems. The company offers its services through customer service call centers, its website, and commissioned sales representatives. The company was formerly known as New Ulm Telecom, Inc. and changed its name to Nuvera Communications, Inc. in June 2018. Nuvera Communications, Inc. was incorporated in 1905 and is headquartered in New Ulm, Minnesota.

CEO

Mr. Glenn H. Zerbe

IPO

12/9/1999

Website

https://nuvera.net

Employees

218

Sector

Communication Services

Industry

Telecom Services