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. (symbol: CABO) is a prominent telecommunications company offering a suite of services designed to meet the needs of both residential and business customers. With a primary focus on providing high-speed internet, business phone service, and cable TV, Cable One ensures that its clients have access to reliable and scalable solutions.
The company's revenue is predominantly derived from subscription-based data and video services, which are billed monthly. This model guarantees a steady income stream and allows Cable One to continually invest in enhancing its service offerings. One of the company's notable products is Sparklight TV, an internet protocol-based (IPTV) video service that enables customers to stream video channels directly from the cloud using the Sparklight TV app.
In addition to its core services, Cable One generates advertising revenue by selling airtime on its video channels, further diversifying its income. The company's voice services, delivered over Internet protocols, add another layer of value to its comprehensive telecommunications portfolio.
Cable One owns and maintains its telecommunications infrastructure, ensuring top-notch service delivery and reliability. This infrastructure supports the company's wide range of offerings, including fiber-optic solutions, which provide businesses with the high-speed connectivity they need to thrive in today's digital landscape.
Recently, Cable One has made significant strides in expanding its service reach and enhancing customer satisfaction through various strategic initiatives and partnerships. These efforts underscore the company's commitment to staying at the forefront of the telecommunications industry.
For more information about Cable One's business services, visit www.cableone.net/business or call 1-855-692-4145.
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.
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.
FAQ
What is the current stock price of Cable One (CABO)?
What is the market cap of Cable One (CABO)?
What services does Cable One offer?
What is Sparklight TV?
How does Cable One generate its revenue?
Does Cable One own its telecommunications infrastructure?
What are fiber-optic solutions offered by Cable One?
How can I get more information about Cable One's business services?
What type of customers does Cable One serve?
Does Cable One offer voice services?
Why is Cable One a good choice for businesses?
What recent achievements has Cable One made?
