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. (NYSE: CABO) is a broadband communications provider that serves more than 1 million residential and business customers across 24 states through its Sparklight® and Sparklight Business brands. The CABO news feed on Stock Titan aggregates company announcements, earnings releases and transaction updates that shed light on how Cable One is operating and evolving its broadband-first strategy.
Investors and industry followers can use this page to review quarterly results where Cable One reports trends in residential data revenues, business data growth, video revenue declines and capital expenditures. These releases also discuss non‑GAAP measures such as Adjusted EBITDA, Adjusted EBITDA margin and Adjusted EBITDA less capital expenditures, which the company uses to evaluate performance and liquidity.
The news stream also includes leadership and governance updates, such as CEO succession announcements and Board leadership changes, as well as information about capital allocation decisions like debt repayments and the suspension of the quarterly cash dividend. In addition, Cable One issues news related to strategic initiatives, including its joint ventures and equity interests in broadband and fiber platforms such as Clearwave Fiber and Mega Broadband Investments (MBI), and transactions involving those entities.
Business-focused readers can follow Sparklight Business announcements on new programs and channel initiatives, including partner-focused efforts designed to expand the reach of fiber-powered internet, managed connectivity, security and voice services across the company’s 24-state footprint. By reviewing these updates in one place, users can track how Cable One positions itself in the broadband communications market, manages its network investments and responds to competitive and technological changes over time.
Cable One reported its financial results for Q4 and the full year 2022, revealing total revenues of $425.5 million for Q4, down from $432.6 million in Q4 2021. The net loss was $77.2 million, a significant decline from a net income of $64.8 million a year prior. For the entire year, revenues increased to $1.7 billion, driven by a 11.8% rise in residential data revenues. However, net income fell 19.8% to $234.1 million. Adjusted EBITDA for Q4 was $233.2 million, up 3.5% year-over-year. The company also amended its credit facilities to enhance liquidity and strategic flexibility.
Cable One, Inc. (NYSE: CABO) will hold a conference call to discuss its fourth quarter and full year 2022 results on February 23, 2023, at 5 p.m. ET. The press release detailing these results will be issued after market close on the same day. Investors can join the call via a live audio webcast on the Cable One Investor Relations site or by calling 1-844-200-6205 (International: 1-929-526-1599) with access code 455731. A replay will be available from February 23 until March 9, 2023.
Cable One provides broadband services to over 1.1 million customers across 24 states.
The Board of Directors of Cable One (NYSE: CABO) declared a quarterly cash dividend of $2.85 per share, scheduled for payment on March 10, 2023. This dividend will be paid to stockholders of record as of the close of business on February 21, 2023. Cable One is committed to providing broadband communications, serving over 1.1 million customers across 24 states, with a range of services including Gigabit speeds and advanced WiFi.
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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.
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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.