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. (CABO) delivers essential broadband, voice, and video services to residential and business customers across competitive telecommunications markets. This page provides investors and industry observers with a centralized source for all official company announcements and news developments.
Access real-time updates on earnings reports, infrastructure expansions, product launches (including Sparklight TV innovations), and strategic partnerships. Our curated collection ensures you stay informed about CABO’s operational milestones and regulatory filings without speculative commentary.
Key news categories include quarterly financial results, technology deployments, leadership changes, and service area expansions. All content is sourced directly from verified company communications to maintain accuracy and compliance with financial disclosure standards.
Bookmark this page for streamlined access to CABO’s evolving story in the telecommunications sector. Check regularly for critical updates that may impact market perception or long-term growth strategies.
On December 20, 2022, Cable One announced it awarded over $110,000 in grants to 28 nonprofit organizations through its Charitable Giving Fund. This initiative focuses on areas such as Education, Digital Literacy, and Food Insecurity. The Charitable Giving Fund aims to distribute nearly $250,000 annually to support local organizations. Notable recipients include the Texarkana College Foodbank and Citizens About Progress, both of which will utilize their $5,000 grants to address food insecurity and community development.
Cable One, Inc. (NYSE: CABO) has declared a quarterly cash dividend of $2.85 per share. This dividend is slated for payment on December 16, 2022 to stockholders who are on record by the close of business on November 29, 2022. The company, which serves over 1.1 million customers across 24 states through its Sparklight brand, focuses on providing high-speed broadband services and entertainment options. This announcement reflects the company's commitment to delivering shareholder value.
Cable One, Inc. (NYSE: CABO) announced its third-quarter 2022 results, reporting total revenues of $424.7 million, a slight decline from $430.2 million in 2021. Residential data revenues rose by 6.3%, while business services fell 11.5%. Net income surged 35.1% to $70.6 million. Adjusted EBITDA increased by 1.9% to $224.6 million, with a significant cash flow of $216.7 million from operating activities. The company repurchased 89,000 shares for $115.3 million in Q3. Year-to-date returns to shareholders totaled $356.8 million, primarily through stock repurchases and dividends.
Cable One, Inc. (NYSE: CABO) is set to host a conference call on November 3, 2022, at 5 p.m. ET to discuss its third-quarter financial results. The results will be released after market close on the same day. Interested parties can join the call via a live audio webcast on the Cable One Investor Relations website or by dialing in. A replay will be available from November 3 to November 17, 2022.
Cable One serves over 1.1 million customers across 24 states, providing broadband and entertainment services.
The Board of Directors of Cable One (NYSE: CABO) has declared a quarterly cash dividend of $2.85 per share, reflecting an increase of $0.10 from the previous dividend. This payment is set for September 16, 2022, to shareholders of record as of August 30, 2022. Cable One is a prominent broadband provider, servicing over 1.1 million customers across 24 states, offering high-speed internet and entertainment services.
Cable One reported Q2 2022 revenues of $429.1 million, up 6.8% from Q2 2021, bolstered by $25.2 million from acquired operations. Residential data revenues rose 12.4%, while net income decreased 34.8% to $69.2 million. Adjusted EBITDA increased 6.7% to $227.5 million. Operating expenses grew 5.4% to $118.4 million. The company repurchased 95,837 shares costing $122 million during the quarter. At June 30, 2022, cash stood at $280 million.
Cable One (NYSE: CABO) will host a conference call on August 4, 2022, at 5 p.m. ET to discuss its Q2 financial results. The press release detailing these results will be available after market close on the same day. Interested participants can access the call via live audio webcast on the Cable One Investor Relations website or by dialing in. A replay of the call will be available until August 18, 2022. With over 1.1 million customers across 24 states, Cable One is a leading broadband provider.
Cable One was recently awarded the title of Corporate Social Responsibility Operator of the Year by Cablefax Magazine, recognizing its significant contributions to education, community strengthening, and quality of life improvement across its 24-state operational footprint. Notable initiatives include the Charitable Giving Fund, with $250,000 in annual grants, and the donation of nearly 3,000 Chromebooks to Title I schools. Cable One serves over 1.1 million customers, providing advanced connectivity solutions and entertainment services, while actively supporting various social causes.
Cable One has authorized a new stock repurchase program of up to