Welcome to our dedicated page for Cable One news (Ticker: CABO), a resource for investors and traders seeking the latest updates and insights on Cable One stock.
Cable One, Inc. reports news around its broadband communications business, which provides residential and business data, video and voice services through the Sparklight brand. Recurring updates cover operating results, subscriber trends, average revenue per unit, adjusted EBITDA, cash flow, capital expenditures and the performance of residential data, residential video and business data services.
Company news also includes Sparklight product expansion, such as prepaid wireless service for Sparklight internet customers, intelligent Wi-Fi offerings powered by eero Wi-Fi 7, IPTV/video services, voice services and advertising revenue tied to video channels. Corporate updates may cover conference-call notices, inducement equity awards and other governance developments.
Cable One (NYSE:CABO) reported challenging second quarter 2025 results, with total revenues declining 3.4% year-over-year to $381.1 million. The company recorded a significant net loss of $438.0 million, primarily due to non-cash asset impairment charges of $456.2 million (net of tax).
Residential data revenues slightly decreased by 0.5% to $229.3 million, though showing a sequential quarterly improvement of 1.9%. Business data revenues grew 1.2% to $57.4 million. The company maintained strong margins with Adjusted EBITDA of $203.2 million and an Adjusted EBITDA margin of 53.3%.
Cable One continued its deleveraging efforts, repaying $70.8 million of debt during Q2 2025, bringing total net debt paydowns since March 2023 to $342.1 million. The company maintained strong liquidity with $1.02 billion available under its revolving credit facility.
[ "Sequential 1.9% increase in residential data revenues from Q1 2025", "Business data revenues grew 1.2% year-over-year to $57.4 million", "Strong Adjusted EBITDA margin maintained at 53.3%", "Significant debt reduction with $70.8 million repaid in Q2", "Robust liquidity position with $1.02 billion available under credit facility", "Low weighted average cost of debt at 3.9%" ]Cable One (NYSE:CABO) has announced it will host a conference call to discuss its second quarter 2025 financial results on Thursday, July 31, 2025, at 5:00 PM ET. The company will release its earnings report after market close on the same day.
Investors can access the conference call through a live audio webcast on Cable One's investor relations website or by dialing 1-888-800-3155 (International: 1-646-307-1696) with access code 1202376. A replay will be available until August 14, 2025.
Cable One (NYSE: CABO) has announced it will host a conference call to discuss its first quarter 2025 financial results on Thursday, May 1, 2025, at 5 p.m. Eastern Time. The company will release its earnings report after market close on the same day.
Investors and analysts can access the conference call through a live audio webcast on Cable One's Investor Relations website (ir.cableone.net) or by dialing 1-888-800-3155 (International: 1-646-307-1696) with access code 1202376. A replay of the call will be available on the company's website from May 1 to May 15, 2025.
Cable One (NYSE: CABO) reported its Q4 and full-year 2024 financial results, showing mixed performance. The company experienced a net loss of $105.2 million in Q4 2024, compared to net income of $103.5 million in Q4 2023. Full-year revenues declined 5.9% to $1.58 billion, with residential data revenues decreasing 5.5%.
Key Q4 metrics include Adjusted EBITDA of $211.0 million (54.5% margin) and total revenues of $387.2 million. The company's residential data ARPU stabilized at $79.72, showing a slight sequential increase. Business data revenues grew 2.3% year-over-year.
Notable developments include a $250 million increase in revolving credit facility to $1.25 billion and amendments to the MBI agreement improving balance sheet flexibility. The company maintained its dividend payments, totaling $67.9 million in 2024, while managing debt levels at $3.62 billion by year-end.
Cable One (NYSE: CABO) has announced it will host a conference call to discuss its fourth quarter and full year 2024 financial results on Thursday, February 27, 2025, at 5 p.m. Eastern Time. The company will release its earnings report after market close on the same day.
Investors and analysts can access the conference call through a live audio webcast on Cable One's Investor Relations website or by dialing 1-888-800-3155 (International: 1-646-307-1696) with access code 1202376. A replay of the call will be available on the company's IR website from February 27 to March 13, 2025.
Cable One (NYSE: CABO) has announced its Board of Directors has declared a quarterly cash dividend of $2.95 per share. The dividend will be distributed to stockholders of record as of the close of business on February 18, 2025, with the payment scheduled for March 7, 2025.
Cable One (NYSE: CABO) has amended its strategic partnership agreement with Mega Broadband Investments Holdings (MBI), providing enhanced flexibility for acquiring full ownership. Cable One currently owns 45% of MBI and paid $250 million to other MBI equity holders, who also received $100 million from new MBI debt.
The amended agreement includes new timing options: Cable One can call the remaining 55% starting Q3 2025, while GTCR's put option is deferred to October 1, 2026. MBI reported approximately $320 million in total revenues for the 12 months ended September 30, 2024, serving about 226,000 customers across 674,000 network passings.
The estimated purchase price for the remaining 55% stake is expected to range between $410-550 million, with MBI's total net indebtedness projected at $845-895 million at the time of full ownership.
Cable One (NYSE: CABO) announced its Board of Directors has declared a quarterly cash dividend of $2.95 per share. The dividend will be paid on December 20, 2024, to stockholders who are on record as of the close of business on December 3, 2024.