earnings
confidence high
sentiment negative
materiality 0.85
Cable One Q2 2026 net loss $1.16B on $462M impairment, MBI write-downs; revenue down 8.4%
Cable One, Inc.
- Revenue $348.9M, down 8.4% YoY; residential data revenue fell 7.3% to $212.6M.
- Net loss $1.16B includes $462.3M asset impairment, $262.3M MBI equity impairment, and $333.0M put option loss.
- Adjusted EBITDA $173.5M, down 14.6%; margin 49.7% vs 53.3% a year ago.
- Capital expenditures $74.0M; Adjusted EBITDA less capex $99.5M, down 26.2%.
- Paid down $62.8M of debt in Q2 via note repurchases and term loan prepayments.