earnings
confidence high
sentiment negative
materiality 0.75
Cable One reports Q4 net loss of $105.2M; revenue down 6% YoY
Cable One, Inc.
2024-FY EPS reported
$3.43
revenue$1,579,542,000
- Net loss of $105.2M vs net income $103.5M in Q4 2023; full-year net income $14.5M down from $224.6M.
- Revenue fell 6.0% to $387.2M in Q4; full-year revenue $1.58B down 5.9% YoY.
- Residential data ARPU stabilized at $79.72, up $0.11 sequentially; ACP expiration impacted subscriber base.
- Adjusted EBITDA $211.0M (-7.0% YoY); Adjusted EBITDA margin 54.5%.
- Company borrowed $175M under revolver in conjunction with MBI Amendment; paid $16.9M in dividends in Q4.