Cable One Q4 net income $115.3M, reverses prior-year loss; revenue down 3.2% to $411.8M

Cable One, Inc.

2023-FY EPS reported $45.14 revenue$1,678,081,000

Q4 2023 net income $115.3M vs net loss $77.2M in Q4 2022; adjusted EBITDA $226.9M (margin 55.1%).
Q4 revenues $411.8M, down 3.2% YoY; residential data revenue up 2.1% YoY.
Residential data PSUs grew 1,600+ sequentially; ARPU $83.95, up 2.7% YoY.
Full-year 2023 net income $267.4M (+14.2%); adjusted EBITDA $916.9M (+0.6%); capex $371M.
Repurchased 141,551 shares for $99.6M; paid $66.3M dividends; $143.1M remaining authorization.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 1.0

Cable One, Inc. reported financial results for the quarter and year ended December 31, 2023.

Period: the quarter and year ended December 31, 2023
Result: reported results

Exact text from the filing

On February 22, 2024, Cable One, Inc. (the “Company”) issued a press release related to its results for the quarter and year ended December 31, 2023.

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Cable One, Inc. filing history →

Source: SEC EDGAR

accession 0001632127-24-000025

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