---
schema_version: "secwatch.filing_event.v1"
accession: "0001632127-23-000008"
form_type: "8-K"
ticker: "CABO"
cik: "0001632127"
company_name: "Cable One, Inc."
filed_at: "2023-05-04T23:59:59+00:00"
generated_at: "2026-06-15T22:11:08.075417+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Cable One Q1 net income falls 66.5% to $57.4M; revenue down 1.1%

## Summary
- Net income $57.4M vs $171.5M a year ago; net profit margin 13.6%.
- Revenue $421.9M, down 1.1% YoY; residential data revenue up 5.5%.
- Adjusted EBITDA $228.8M (+1.0%); margin expanded to 54.2% from 53.1%.
- Added 2,235 residential data subs sequentially; ARPU $83.58 (+4.5% YoY).
- Repurchased 56,766 shares for $41.8M; amended credit facilities to ~$2.0B.

## SEC filing metadata
- accession: 0001632127-23-000008
- form_type: 8-K
- ticker: CABO
- cik: 0001632127
- company_name: Cable One, Inc.
- filed_at: 2023-05-04T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1632127/000163212723000008/0001632127-23-000008-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1632127/000163212723000008/cabo-20230504.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001632127-23-000008
- JSON: https://secwatch.observer/filing/0001632127-23-000008.json
- Plain text: https://secwatch.observer/filing/0001632127-23-000008.txt

## Key facts
- Earnings Releases
  Cable One, Inc. reported the quarter ended March 31, 2023 results: revenue $421,894 thousand, net income $57,426 thousand.
  - Period: the quarter ended March 31, 2023
  - Revenue: $421,894 thousand
  - Net income: $57,426 thousand
  - Result: reported results
  source text: 2022. Adjusted EBITDA less capital expenditures was $132.7 million in the first quarter of 2023 compared to $127.1 million in the first quarter of 2022 . • Total revenues were $421.9 million in the first quarter of 2023 compared to $426.7 million in the first quarter of 2022. Year-over-year, residential data revenues increase d 5.5% while business services revenues
  evidence_url: https://www.sec.gov/Archives/edgar/data/1632127/000163212723000008/0001632127-23-000008-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.