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 operates as a telecommunications provider focused on smaller and medium-sized markets across the United States, delivering broadband internet, video, and voice services through its cable infrastructure. The company's news flow typically centers on quarterly financial performance, network expansion initiatives, and strategic developments affecting its service territories.
Telecommunications companies like Cable One generate news through several distinct categories. Quarterly earnings announcements reveal subscriber trends, revenue performance across broadband and video segments, and capital investment priorities. These reports provide insight into how the company balances infrastructure spending with shareholder returns while navigating industry shifts toward data-centric service models.
Strategic announcements often involve market expansion through acquisitions of cable systems in adjacent territories, network technology upgrades affecting service speeds and capacity, and changes in pricing or packaging strategies responding to competitive dynamics. The company also announces executive leadership transitions and organizational changes that may signal shifting strategic priorities.
For investors tracking Cable One, regulatory developments affecting the telecommunications industry create meaningful news events. Changes in broadband policy, video franchising requirements, or infrastructure access rules can impact operational costs and competitive positioning. Industry-wide trends including cord-cutting acceleration, broadband adoption patterns, and competitive fiber deployments also generate relevant coverage.
The company's business services division produces news related to commercial customer wins, fiber network expansions serving business districts, and product launches targeting enterprise customers. These developments indicate growth in higher-margin business segments that provide revenue stability compared to residential services.
Cable One's focus on smaller markets means its news often reflects regional economic conditions, community broadband needs, and localized competitive dynamics rather than national market trends. Coverage of specific market entries or exits, franchise renewals, and community infrastructure investments provides insight into the company's geographic strategy and operational execution.
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.
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.
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