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.
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Cable One (NYSE: CABO) will hold a conference call on May 4, 2023, at 5 p.m. ET to discuss its first-quarter financial results. The results will be released after market close on the same day. Interested participants can access the call via a live audio webcast on the Cable One Investor Relations website or by dialing 1-833-470-1428, using access code 995399. A replay will be available from May 4 to May 18, 2023. Cable One serves over 1.1 million customers across 24 states through its Sparklight brand, providing broadband and entertainment services.
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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.