Cable One(CABO)

Search documents
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Cable One, Inc. - CABO
GlobeNewswire News Room· 2025-06-06 16:12
Core Viewpoint - Cable One, Inc. is under investigation for potential securities fraud and unlawful business practices following disappointing financial results and a significant stock price drop [1][3]. Financial Performance - On May 1, 2025, Cable One reported Q1 2025 earnings that fell significantly short of analyst expectations and announced the suspension of its dividend [3]. - Analysts from Keybanc described the results as "extremely disappointing," while Raymond James criticized management's optimism regarding future growth in broadband revenue and subscribers despite poor performance [3]. - Following the earnings report, Cable One's stock price plummeted by $109.48, or 41.79%, closing at $152.51 per share on May 2, 2025 [3]. Legal Investigation - Pomerantz LLP is investigating claims on behalf of Cable One investors regarding possible securities fraud or other unlawful business practices by the company and its officers/directors [1].
INVESTIGATION ALERT: Edelson Lechtzin LLP Announces Investigation Of Cable One, Inc. (NASDAQ: CABO) and Encourages Investors with Substantial Losses or Witnesses with Relevant Information to Contact the Firm
Prnewswire· 2025-06-05 03:22
Company Overview - Cable One, Inc. is a broadband communications provider offering high-speed internet, video, and voice services through its brands, including Sparklight, Fidelity, Hargray, and CableAmerica [3] Allegations and Financial Performance - On May 1, 2025, Cable One reported first-quarter earnings that significantly fell short of analyst expectations and announced plans to suspend its anticipated dividend [4] - Analysts from KeyBanc and Raymond James raised concerns about the company's credibility, noting that the results contradicted prior management statements forecasting growth in subscribers and broadband revenue [4] Market Reaction - Following the earnings report, Cable One's stock price dropped by $109.48 per share, or 41.79%, closing at $152.51 per share on May 2, 2025 [5]
Cable One(CABO) - 2025 FY - Earnings Call Transcript
2025-05-15 16:00
Financial Data and Key Metrics Changes - The meeting confirmed that a quorum was present with over 5,300,000 shares represented, which constitutes a majority of the total shares entitled to vote [8] - The proposals for the election of directors and the ratification of PricewaterhouseCoopers as the independent registered public accounting firm were approved [12][13] Business Line Data and Key Metrics Changes - No specific financial data or key metrics related to individual business lines were discussed in the meeting Market Data and Key Metrics Changes - No specific market data or key metrics were provided during the meeting Company Strategy and Development Direction and Industry Competition - The meeting focused on the election of directors and the ratification of the accounting firm, indicating a stable governance structure, but did not provide insights into specific strategic initiatives or competitive positioning Management Comments on Operating Environment and Future Outlook - Management did not provide specific comments on the operating environment or future outlook during the meeting Other Important Information - The final report of the inspector of election will be filed as part of the meeting record, and final voting results will be reported within four business days [13] Q&A Session Summary Question: Were there any questions submitted during the meeting? - There were no questions submitted during the meeting, and the Q&A session concluded without addressing any inquiries [14]
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Cable One, Inc. - CABO
Prnewswire· 2025-05-12 21:07
Core Viewpoint - Cable One, Inc. is under investigation for potential securities fraud and unlawful business practices following disappointing financial results and a significant stock price drop [1][2]. Financial Performance - On May 1, 2025, Cable One reported Q1 2025 earnings that fell significantly short of analyst expectations and announced the suspension of its dividend [2]. - Analysts from Keybanc described the results as "extremely disappointing," while Raymond James criticized management's optimism regarding future growth in broadband revenue and subscribers despite poor Q1 performance [2]. Stock Market Reaction - Following the release of the disappointing financial results, Cable One's stock price plummeted by $109.48 per share, or 41.79%, closing at $152.51 per share on May 2, 2025 [2].
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Cable One, Inc. - CABO
GlobeNewswire News Room· 2025-05-09 14:47
Core Viewpoint - Pomerantz LLP is investigating potential securities fraud and unlawful business practices involving Cable One, Inc. following disappointing financial results and management's credibility issues [1][3]. Financial Performance - On May 1, 2025, Cable One reported Q1 2025 earnings that significantly missed analyst expectations and announced a suspension of its dividend [3]. - Analysts from Keybanc described the results as "extremely disappointing," while Raymond James criticized management for their optimistic outlook despite poor performance [3]. - Following the announcement, Cable One's stock price dropped by $109.48, or 41.79%, closing at $152.51 per share on May 2, 2025 [3]. Legal Investigation - Pomerantz LLP is conducting an investigation on behalf of Cable One investors regarding possible securities fraud or other unlawful practices by the company and its executives [1].
CABO Investors Have Opportunity to Join Cable One, Inc. Fraud Investigation with the Schall Law Firm
Prnewswire· 2025-05-08 22:49
Core Viewpoint - The Schall Law Firm is investigating Cable One, Inc. for potential violations of securities laws following a significant drop in its stock price after the release of disappointing Q1 2025 financial results [1][2]. Financial Performance - Cable One reported a 6% year-over-year decline in revenue for Q1 2025 [2]. - The company experienced a 4.5% decrease in residential data revenue [2]. - The decline in revenue was attributed to a decrease in residential data subscribers and a reduction in average revenue per unit (ARPU) due to targeted pricing and product offerings in certain markets [2]. - The company also noted heightened churn related to its billing migration activities [2]. - Following the financial results announcement, Cable One's shares fell by 41.8% the next day [2].
Cable One, Inc. Company Investigated by the Portnoy Law Firm
GlobeNewswire News Room· 2025-05-07 00:16
Core Viewpoint - Cable One, Inc. is under investigation for possible securities fraud following a significant drop in share price and disappointing earnings report, prompting potential class action lawsuits from investors [1][3]. Group 1: Company Performance - Shares of Cable One, Inc. fell over 40% during intraday trading on May 2, 2025, after the company's earnings report missed expectations by nearly $8 per share [3]. - The company announced the suspension of its dividend, which has raised concerns among analysts regarding the credibility of its management [3]. - Analysts from KeyBanc described the earnings results as "extremely disappointing," while Raymond James criticized the leadership for insisting on growth despite poor Q1 results [3]. Group 2: Investor Actions - The Portnoy Law Firm has initiated an investigation into Cable One and is encouraging investors who lost money to contact them for potential recovery of losses [1][2]. - Investors can receive a complimentary case evaluation and discuss options for pursuing claims against the company [2][4].
INVESTOR ALERT: Investigation of Cable One, Inc. (CABO) Announced by Holzer & Holzer, LLC
GlobeNewswire News Room· 2025-05-06 16:27
Core Insights - Holzer & Holzer, LLC is investigating Cable One, Inc. for potential compliance issues with federal securities laws following a decline in residential data revenues reported on May 1, 2025 [1] - The decline in revenues was attributed to a decrease in residential data subscribers and a reduction in average revenue per unit (ARPU) due to targeted pricing and product offerings in certain markets [1] - Following the announcement of the first quarter results, Cable One's stock price experienced a drop [1] Company Performance - Cable One reported a decline in residential data revenues in the first quarter of 2025 [1] - The decrease in residential data subscribers contributed significantly to the revenue decline [1] - The implementation of targeted pricing and product offerings negatively impacted the average revenue per unit (ARPU) [1]
Compared to Estimates, Cable One (CABO) Q1 Earnings: A Look at Key Metrics
ZACKS· 2025-05-02 00:35
Core Insights - Cable One (CABO) reported revenue of $380.6 million for the quarter ended March 2025, a decrease of 5.9% year-over-year, and an EPS of $12.32, up from $8.11 in the same quarter last year [1] - The revenue fell short of the Zacks Consensus Estimate of $390.68 million, resulting in a surprise of -2.58%, while the EPS exceeded the consensus estimate of $12.21 by +0.90% [1] Revenue Breakdown - Residential Video revenue was $50.81 million, below the average estimate of $52.33 million, reflecting a year-over-year decline of -15.8% [4] - Residential Data revenue stood at $225.12 million, slightly below the $230.58 million estimate, marking a -4.5% change year-over-year [4] - Other revenues totaled $23.46 million, compared to the average estimate of $24.13 million, indicating a -1.2% year-over-year change [4] - Business services revenue (Business data + Business other) was $74.18 million, under the estimated $76.33 million, representing a -2.2% change from the previous year [4] - Residential Voice revenue reached $7.04 million, below the $7.32 million estimate, showing a year-over-year decline of -17.7% [4] Stock Performance - Over the past month, Cable One shares have returned -3.2%, compared to a -0.7% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 5 (Strong Sell), suggesting potential underperformance relative to the broader market in the near term [3]
Cable One (CABO) Q1 Earnings Beat Estimates
ZACKS· 2025-05-01 23:30
Core Viewpoint - Cable One reported quarterly earnings of $12.32 per share, exceeding the Zacks Consensus Estimate of $12.21 per share, and showing a significant increase from $8.11 per share a year ago, indicating a positive earnings surprise of 0.90% [1] Financial Performance - The company posted revenues of $380.6 million for the quarter ended March 2025, which missed the Zacks Consensus Estimate by 2.58% and decreased from $404.31 million year-over-year [2] - Over the last four quarters, Cable One has surpassed consensus EPS estimates only once and has topped consensus revenue estimates just once as well [2] Stock Performance - Cable One shares have declined approximately 26.2% since the beginning of the year, contrasting with the S&P 500's decline of 5.3% [3] - The current Zacks Rank for Cable One is 5 (Strong Sell), indicating expectations of underperformance in the near future [6] Earnings Outlook - The consensus EPS estimate for the upcoming quarter is $9.81, with expected revenues of $386.37 million, while the estimate for the current fiscal year is $41.77 on $1.55 billion in revenues [7] - The trend of estimate revisions for Cable One has been unfavorable leading up to the earnings release [6] Industry Context - The Cable Television industry, to which Cable One belongs, is currently ranked in the top 38% of over 250 Zacks industries, suggesting that companies in the top half tend to outperform those in the bottom half significantly [8]