---
schema_version: "secwatch.filing_event.v1"
accession: "0001632127-24-000117"
form_type: "8-K"
ticker: "CABO"
cik: "0001632127"
company_name: "Cable One, Inc."
filed_at: "2024-09-24T23:59:59+00:00"
generated_at: "2026-05-31T02:04:59.916405+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Cable One to restate 2022/2023 annual and 2024 quarterly financials due to equity method error on Clearwave Fiber

## Summary
- Net income overstated by $21.1M in FY2022, $42.8M in FY2023, and $19.5M in H1 2024; EPS adjusted down accordingly.
- Equity method investment loss understated; cumulative adjustment reduced equity investments by $114.1M as of June 30, 2024.
- Revenues, capex, operating cash flows, and Adjusted EBITDA are unaffected by the restatement.
- Material weakness in internal controls over equity method accounting identified; controls not effective as of Dec 31, 2023 and subsequent periods.
- Company to file Form 10-K/A and 10-Q/A amendments as soon as reasonably practicable.

## SEC filing metadata
- accession: 0001632127-24-000117
- form_type: 8-K
- ticker: CABO
- cik: 0001632127
- company_name: Cable One, Inc.
- filed_at: 2024-09-24T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 4.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1632127/000163212724000117/0001632127-24-000117-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1632127/000163212724000117/cabo-20240923.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001632127-24-000117
- JSON: https://secwatch.observer/filing/0001632127-24-000117.json
- Plain text: https://secwatch.observer/filing/0001632127-24-000117.txt

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