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Cable One (CABO)

Earnings summaries and quarterly performance for Cable One.

Recent press releases and 8-K filings for CABO.

Cable One Reports Mixed Q3 2025 Financials with Revenue Decline and Increased Net Income
CABO
Earnings
Demand Weakening
New Projects/Investments
  • Cable One reported a 4.5% decline in Q3 2025 revenue to $376 million, attributed to subscriber losses in residential video and data services.
  • Net income nearly doubled to $86.5 million, largely due to $67.4 million in gains from equity investment sales and debt extinguishments, rather than core business improvements.
  • Adjusted EBITDA decreased 5.5% to $201.9 million.
  • The company is investing in infrastructure and launching a pilot mobile service in Q4 2025, while also strengthening its financial position by reducing capital expenditures by 6.8% and paying down debt.
Nov 7, 2025, 12:20 PM
CABO Reports Q3 2025 Financial Results with Revenue Decline and Subscriber Losses, Announces Debt Reduction and Mobile Launch
CABO
Earnings
Product Launch
Management Change
  • Cable One reported total revenues of $376 million and Adjusted EBITDA of $201.9 million for Q3 2025. Residential data customers declined by 21,600, resulting in a 1.2% year-over-year decrease in residential data revenues, though ARPU increased by 3.2%.
  • The company experienced higher churn in Q3 2025 due to macroeconomic factors, competitive pressures, promotional rollouts, and billing migration, but noted churn improved in October and connects showed year-over-year growth.
  • Cable One paid down nearly $200 million of debt in Q3 2025, utilizing $124 million in pre-tax proceeds from equity divestitures, bringing the net leverage ratio to 3.9 times.
  • Strategic initiatives include the planned launch of mobile unlimited plans starting at $25 per line in select markets in October 2025, and the expansion of TechAssist and LIFT products to address customer needs and reduce churn.
  • The current Speaker 2 (Julie) is retiring but will serve as a senior advisor through 2026, with a search for a new CEO in progress.
Nov 6, 2025, 10:00 PM