earnings
confidence high
sentiment negative
materiality 0.75
Cable One Q3 revenue down 6.4% to $393.6M; net income rises 45.9% to $44.2M
Cable One, Inc.
2024-Q3 EPS reported
$20.62
revenue$1,192,329,000
- Revenue $393.6M, down 6.4% YoY; Adjusted EBITDA $213.6M, down 7.1%, margin 54.3%.
- Residential data PSUs decreased ~3,400 sequentially; lost ~5,300 from ACP, gained ~2,100 from small acquisition.
- Net income $44.2M vs $30.3M restated; cash from ops $176.2M, down 2.2%.
- Capital expenditures $77.0M, slightly lower; repaid $50M under revolver; paid $17M dividends.