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 (NYSE: CABO) will hold a conference call on February 24, 2022, at 5 p.m. ET to discuss its Q4 and full year 2021 results. A press release will be issued after market close on the same day. The call can be accessed via a live audio webcast at the Cable One Investor Relations website or by dialing 1-844-200-6205 (International: 1-646-904-5544) with access code 268589. A replay will be available from February 24 to March 10, 2022.
The Board of Directors of Cable One (NYSE: CABO) has announced a quarterly cash dividend of $2.75 per share. This dividend is payable on March 4, 2022, to stockholders of record as of February 15, 2022. Cable One is a leading broadband provider serving over 1.1 million residential and business customers across 24 states with services including Gigabit speeds and advanced WiFi.
Cable One (NYSE: CABO) has announced an Investor Day scheduled for Thursday, March 3, 2022, at 10:30 a.m. ET in Phoenix. The live event will feature updates on the company's strategic initiatives from President and CEO Julie Laulis and CFO Steven Cochran, alongside other key executives. Interested participants can register via Cable One's Investor Relations website. A replay of the event will be available later. Cable One serves over 1.1 million customers through its Sparklight brand.
Cable One (NYSE: CABO) has formed a joint venture with GTCR LLC, Stephens Capital Partners LLC, The Pritzker Organization, and other investors to expedite the expansion of Clearwave Fiber LLC. This new entity, which includes Clearwave Communications and fiber assets from Hargray Communications, aims to enhance Fiber-to-the-Premise (FTTP) services in underserved markets. The investors will contribute significant cash to support this initiative, while Cable One retains majority ownership. This aligns with the company's strategy to improve connectivity in rural areas.
The Board of Directors of Cable One (NYSE: CABO) has declared a quarterly cash dividend of $2.75 per share. This dividend will be payable on December 17, 2021, to stockholders of record as of the close of business on November 30, 2021. Cable One is a prominent broadband communications provider, serving over 1.1 million customers across 24 states with connectivity and entertainment services, including Gigabit speeds and advanced WiFi.
Cable One, Inc. (NYSE: CABO) reported strong financial results for Q3 2021, with total revenues of $430.2 million, marking a 26.9% year-over-year increase. Key drivers included $78.4 million from Hargray operations. Net income fell 21.2% to $52.3 million, and Adjusted EBITDA rose 26.4% to $220.5 million. The company announced an acquisition of CableAmerica for $113.0 million, enhancing growth prospects in Missouri. Operating expenses rose by 13.4% to $121.7 million due to Hargray-related costs.
Cable One (NYSE: CABO) will hold a conference call on November 4, 2021, at 5 p.m. ET to discuss its third-quarter financial results, which will be released after market close on the same day. Investors can listen to the call via a live audio webcast on the Cable One Investor Relations website or by calling 1-844-200-6205 (1-929-526-1599 internationally) with access code 302365. A replay will be available until November 18, 2021, at the same investor relations site.
The Board of Directors of Cable One, Inc. (NYSE: CABO) has declared a quarterly cash dividend of $2.75 per share, marking an increase of $0.25 from the previous quarter. This dividend is set to be paid on September 17, 2021 to stockholders of record by the close of business on August 31, 2021. Cable One is a prominent broadband communications provider serving over 1.1 million customers across 24 states, offering various connectivity and entertainment services.
Cable One, Inc. (NYSE:CABO) held its 2021 annual meeting where Thomas S. Gayner failed to secure a majority vote and submitted a resignation offer. The Board rejected the resignation, contingent upon Gayner reducing his board commitments by March 31, 2022. The decision was influenced by feedback from stockholders and concerns over 'overboarding' policies affecting voting outcomes. Cable One plans to amend its Supermajority Vote Requirement and enhance stockholder engagement for the 2022 meeting.
Cable One (NYSE: CABO) has appointed Todd M. Koetje as Senior Vice President, Business Development & Finance, effective September 1, 2021. Koetje brings over 20 years of expertise in capital markets and telecom from Truist Securities, where he was Managing Director. His role involves the development and oversight of investment and financial activities. Julie Laulis, CEO of Cable One, expressed confidence that Koetje's extensive experience will significantly contribute to the company's growth and mission of connecting communities.