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.
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.
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.
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