Financial Data and Key Metrics Changes - Total revenues for Q2 2025 were $381.1 million, down from $394.5 million in Q2 2024, primarily due to a $9 million (15.8%) decrease in residential video revenues and a $1.1 million (0.5%) decrease in residential data revenues [20][21] - Adjusted EBITDA was $203.2 million, representing 53.3% of revenues, compared to $212.4 million (53.8% of revenues) in the prior year [22][23] - Capital expenditures were $68.4 million, a decrease of $3.2 million (4.5%) year over year [23] Business Line Data and Key Metrics Changes - Residential broadband revenue increased by 1.9% sequentially, driven by a $2.39 increase in ARPU, despite a decline of 13,000 residential data customers in Q2 [6][10] - Business data revenue was $57.4 million, consistent with Q1 levels, with a year-over-year growth of 1.2% driven by high-value fiber and carrier segments [7][21] Market Data and Key Metrics Changes - Fiber to the home overbuilds now represent approximately 53% of the company's passings, indicating increased competitive pressure [12][13] - The company expects total residential broadband revenue for 2025 to be flat or decrease modestly compared to 2024 [13] Company Strategy and Development Direction - The company is focusing on innovation to simplify customer experience and enhance operational efficiency, including the rollout of AI-powered tools and a unified billing platform [14][15] - A pilot program for mobile services is being launched to complement wired broadband offerings, aiming to enhance customer lifetime value and reduce churn [17][18] Management's Comments on Operating Environment and Future Outlook - Management acknowledged competitive headwinds and seasonal softness in college markets but noted early signs of positive impact from new products and pricing strategies [6][13] - The company does not expect to grow total residential broadband customers in 2025 but is optimistic about long-term growth through strategic actions [13][18] Other Important Information - The company expects to realize approximately $40 million in cash tax savings in 2025 due to recent tax legislation [25] - A non-cash impairment charge of $586 million was recognized during the quarter, which does not impact cash flows or operational strategy [22] Q&A Session Summary Question: Competitive overlap with fiber - Management confirmed that competitive overlap with fiber increased from 50% to 53% and noted that losses are primarily due to competition from cell phone Internet [33][34] Question: Promo roll-off and customer retention tactics - Management indicated that promo roll-offs are expected to remain elevated and that retention tactics are being implemented to mitigate churn [40][42] Question: Priority between subscribers and ARPU - Management stated that both subscriber growth and ARPU stability are priorities, with expectations for ARPU to remain stable for the rest of the year [47][49] Question: Mobile service strategy - Management clarified that the mobile service pilot is not only economically viable but also aligns with the company's brand image, aiming to enhance customer convenience and profitability [57][60] Question: Billing system conversion - Management confirmed that the billing migration is complete and has gone through all necessary cycles without significant issues [63][65]

[Q2 2025 Earnings Overview](index=1&type=section&id=Q2%202025%20Earnings%20Overview) This section provides a high-level summary of Cable One's financial performance and key strategic insights for the second quarter of 2025 [Q2 2025 Financial Highlights](index=1&type=section&id=Q2%202025%20Financial%20Highlights) Cable One reported total revenue of $381.1 million, a 3.4% year-over-year decrease, with a net loss of $438.0 million primarily due to a non-cash asset impairment charge Q2 2025 Key Financial Data (USD in thousands) | Metric | Q2 2025 | Q2 2024 | Change ($) | Change (%) | | :----------------------- | :------------- | :------------- | :------- | :------- | | Revenue | 381,072 | 394,461 | (13,389) | (3.4)% | | Net Income (Loss) | (437,976) | 38,152 | (476,128)| NM | | Net Income Margin | (114.9)% | 9.7% | | | | Cash Flow from Operating Activities | 144,942 | 155,548 | (10,606) | (6.8)% | | Adjusted EBITDA | 203,214 | 212,372 | (9,158) | (4.3)% | | Adjusted EBITDA Margin | 53.3% | 53.8% | | | | Capital Expenditures | 68,374 | 71,592 | (3,218) | (4.5)% | | Adjusted EBITDA less Capital Expenditures | 134,840 | 140,780 | (5,940) | (4.2)% | - Total revenue was **$381.1 million**, a **3.4% year-over-year decrease**, with **$9.0 million** of the decline attributed to residential video revenue reduction[5](index=5&type=chunk) - Net loss of **$438.0 million** primarily included a **$456.2 million** (after-tax) non-cash asset impairment charge[5](index=5&type=chunk) [CEO Commentary](index=1&type=section&id=CEO%20Commentary) CEO Julie Laulis noted a slight sequential increase in residential data revenue and monthly growth in residential broadband customer connections, while implementing strategies for improved customer response - Residential data revenue saw a slight sequential increase, and residential broadband customer connections grew month-over-month in the first half of the year[3](index=3&type=chunk) - The company is simplifying pricing, segmenting marketing activities, and enhancing product and service value to improve customer response and operational performance[3](index=3&type=chunk) [Detailed Financial Performance (Q2 2025 vs Q2 2024)](index=3&type=section&id=Detailed%20Financial%20Performance%20(Q2%202025%20vs%20Q2%202024)) This section provides a detailed comparison of Cable One's financial performance across various segments and metrics for Q2 2025 versus Q2 2024 [Revenues by Segment](index=3&type=section&id=Revenues%20by%20Segment) Total revenue for Q2 2025 was $381.1 million, a 3.4% year-over-year decrease, with residential data slightly down and business data up due to carrier and enterprise fiber growth Q2 2025 Revenue Changes by Segment (USD in millions) | Revenue Category | Q2 2025 | Q2 2024 | Change ($ millions) | Change (%) | | :------------- | :------ | :------ | :------------------ | :------- | | Residential Data | 229.3 | 230.4 | (1.1) | (0.5)% | | Residential Video| 48.2 | 57.2 | (9.0) | (15.8)% | | Business Data | 57.4 | 56.7 | 0.7 | 1.2% | | Total Revenue | 381.1 | 394.5 | (13.4) | (3.4)% | - Residential data revenue decreased by **0.5%**, primarily due to fewer subscribers, partially offset by a **2.4%** increase in Average Revenue Per User (ARPU)[7](index=7&type=chunk) - Business data revenue grew by **1.2%**, driven by continued growth in carrier and enterprise fiber businesses[7](index=7&type=chunk) [Net Income (Loss) and Profit Margins](index=3&type=section&id=Net%20Income%20(Loss)%20and%20Profit%20Margins) The company reported a net loss of $438.0 million in Q2 2025, a significant shift from a net income of $38.2 million in the prior year, primarily due to a non-cash asset impairment charge Net Income (Loss) and Profit Margin Comparison (USD in millions) | Metric | Q2 2025 | Q2 2024 | Change ($ millions) | Change (%) | | :------------- | :------ | :------ | :------------------ | :------- | | Net Income (Loss)| (438.0) | 38.2 | (476.2) | NM | | Net Income Margin| (114.9)%| 9.7% | | | - The net loss was primarily due to a non-cash asset impairment charge totaling **$456.2 million** (after-tax)[8](index=8&type=chunk) [Adjusted EBITDA and Margin](index=3&type=section&id=Adjusted%20EBITDA%20and%20Margin) Adjusted EBITDA for Q2 2025 was $203.2 million, a 4.3% decrease year-over-year, with the Adjusted EBITDA margin slightly declining to 53.3% Adjusted EBITDA and Margin Comparison (USD in millions) | Metric | Q2 2025 | Q2 2024 | Change ($ millions) | Change (%) | | :------------------- | :------ | :------ | :------------------ | :------- | | Adjusted EBITDA | 203.2 | 212.4 | (9.2) | (4.3)% | | Adjusted EBITDA Margin | 53.3% | 53.8% | | | [Cash Flows and Capital Expenditures](index=3&type=section&id=Cash%20Flows%20and%20Capital%20Expenditures) Net cash provided by operating activities decreased by 6.8% to $144.9 million in Q2 2025, primarily due to lower Adjusted EBITDA, while capital expenditures also saw a decline Cash Flows and Capital Expenditures Comparison (USD in millions) | Metric | Q2 2025 | Q2 2024 | Change ($ millions) | Change (%) | | :--------------------------- | :------ | :------ | :------------------ | :------- | | Net Cash Provided by Operating Activities | 144.9 | 155.5 | (10.6) | (6.8)% | | Capital Expenditures | 68.4 | 71.6 | (3.2) | (4.5)% | | Adjusted EBITDA less Capital Expenditures | 134.8 | 140.8 | (6.0) | (4.2)% | - The decrease in net cash provided by operating activities was primarily attributable to lower Adjusted EBITDA[5](index=5&type=chunk) [Asset Impairments](index=3&type=section&id=Asset%20Impairments) Cable One recognized a total asset impairment of $586.0 million in Q2 2025, including indefinite-lived franchise agreements and goodwill, triggered by a decline in the company's stock price - The impairment assessment was triggered by a decline in the company's stock price during the second quarter[11](index=11&type=chunk) Asset Impairment Details (USD in millions) | Asset Category | Impairment Amount | | :----------------------------- | :---------------- | | Indefinite-Lived Franchise Agreements | 497.2 | | Goodwill | 88.8 | | **Total** | **586.0** | - The impairment charges do not affect the company's cash flows, operating strategies, growth plans, or ability to renew existing franchise agreements[11](index=11&type=chunk) [Liquidity and Capital Resources](index=3&type=section&id=Liquidity%20and%20Capital%20Resources) As of June 30, 2025, the company held $152.9 million in cash, with total debt of $3.50 billion and $1.02 billion in committed excess liquidity under its revolving credit facility Liquidity and Debt Status (USD in millions) | Metric | June 30, 2025 | December 31, 2024 | | :----------------------- | :------------ | :---------------- | | Cash and Cash Equivalents| 152.9 | 153.6 | | Debt Balance | 3,500 | 3,620 | | Revolving Credit Facility Borrowings | 228.0 | N/A | | Revolving Credit Facility Committed Excess Liquidity | 1,020 | N/A | - The company repaid or retired **$70.8 million** of debt during the quarter, including **$45.0 million** in revolving credit facility repayments[5](index=5&type=chunk)[13](index=13&type=chunk) - Total net debt repayments since March 31, 2023, amounted to **$342.1 million**[5](index=5&type=chunk) - The weighted average cost of debt for Q2 2025 was **3.9%**[5](index=5&type=chunk) [Capital Expenditures by Category](index=4&type=section&id=Capital%20Expenditures%20by%20Category) Total capital expenditures for Q2 2025 were $68.4 million, a decrease from the prior year, with reductions in customer premise equipment, scalable infrastructure, line extensions, and upgrade/rebuilds Q2 2025 Capital Expenditures by Category (USD in thousands) | Category | Q2 2025 | Q2 2024 | | :------------------- | :--------- | :--------- | | Customer Premise Equipment | 11,104 | 15,411 | | Business | 5,499 | 2,955 | | Scalable Infrastructure | 7,211 | 9,472 | | Line Extensions | 17,366 | 18,372 | | Upgrade/Rebuild | 4,261 | 7,288 | | Support Capital | 22,933 | 18,094 | | **Total** | **68,374** | **71,592** | - Total capital expenditures decreased by **4.5%** year-over-year[3](index=3&type=chunk) [Operating Statistics](index=13&type=section&id=Operating%20Statistics) This section presents key operational metrics including customer and Primary Service Unit (PSU) data, as well as Average Revenue Per User (ARPU) across different service categories [Customer and PSU Data](index=13&type=section&id=Customer%20and%20PSU%20Data) As of June 30, 2025, total customers decreased by 3.2% to 1.06 million, with residential customers down and business customers up, while total PSUs declined by 5.2% Customer and PSU Data (as of June 30, 2025, in thousands) | Metric | 2025 | 2024 | Change | Change (%) | | :------------------- | :---------- | :---------- | :------- | :------- | | Residential Customers| 955.8 | 992.9 | (37.1) | (3.7)% | | Business Customers | 104.7 | 102.8 | 1.8 | 1.8% | | **Total Customers** | **1,060.5** | **1,095.7** | **(35.2)** | **(3.2)%** | | Data PSUs | 1,031.3 | 1,062.8 | (31.5) | (3.0)% | | Video PSUs | 102.3 | 126.0 | (23.7) | (18.8)% | | Voice PSUs | 99.4 | 111.6 | (12.2) | (10.9)% | | **Total PSUs** | **1,233.0** | **1,300.4** | **(67.4)** | **(5.2)%** | [ARPU Data](index=13&type=section&id=ARPU%20Data) In Q2 2025, residential data ARPU increased by 2.4% to $81.23, and residential video ARPU grew by 4.2% to $162.52, while residential voice and business services ARPU declined Q2 2025 ARPU Data (USD) | ARPU Category | Q2 2025 | Q2 2024 | Change ($) | Change (%) | | :--------------- | :------ | :------ | :--------- | :------- | | Residential Data | $81.23 | $79.36 | $1.87 | 2.4% | | Residential Video| $162.52 | $155.95 | $6.57 | 4.2% | | Residential Voice| $35.41 | $36.75 | ($1.34) | (3.6)% | | Business Services| $234.93 | $244.52 | ($9.59) | (3.9)% | [Condensed Consolidated Financial Statements](index=9&type=section&id=Condensed%20Consolidated%20Financial%20Statements) This section provides a summary of the company's condensed consolidated statements of operations, balance sheets, and cash flows for the reported period [Condensed Consolidated Statements of Operations and Comprehensive Income (Loss)](index=9&type=section&id=Condensed%20Consolidated%20Statements%20of%20Operations%20and%20Comprehensive%20Income%20(Loss)) For Q2 2025, the company reported total revenue of $381.1 million, an operating loss of $489.3 million, and a net loss of $438.0 million, significantly impacted by asset impairment Q2 2025 Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) Summary (USD in thousands) | Metric | Q2 2025 | Q2 2024 | Change ($) | Change (%) | | :------------------------- | :------------- | :------------- | :------- | :------- | | Total Revenue | 381,072 | 394,461 | (13,389) | (3.4)% | | Operating (Loss) | (489,323) | 110,137 | (599,460)| NM | | Net Income (Loss) | (437,976) | 38,152 | (476,128)| NM | | Basic Net Income (Loss) Per Share | (77.70) | 6.79 | (84.49) | NM | - Asset impairment charges of **$586.0 million** were the primary cause of the operating and net losses[35](index=35&type=chunk) [Condensed Consolidated Balance Sheets](index=10&type=section&id=Condensed%20Consolidated%20Balance%20Sheets) As of June 30, 2025, total assets were $5.77 billion, a decrease from December 31, 2024, primarily due to the impairment of intangible assets and goodwill Condensed Consolidated Balance Sheets Summary (USD in thousands) | Metric | June 30, 2025 | December 31, 2024 | | :------------------- | :------------ | :---------------- | | Total Assets | 5,773,584 | 6,525,895 | | Total Liabilities | 4,436,190 | 4,729,863 | | Total Stockholders' Equity | 1,337,394 | 1,796,032 | | Intangible Assets, Net | 2,004,503 | 2,532,855 | | Goodwill | 840,826 | 929,609 | - The significant decrease in intangible assets and goodwill reflects the asset impairment recognized during the quarter[37](index=37&type=chunk) [Condensed Consolidated Statements of Cash Flows](index=11&type=section&id=Condensed%20Consolidated%20Statements%20of%20Cash%20Flows) In Q2 2025, net cash provided by operating activities was $144.9 million, with net cash used in investing activities of $74.0 million and financing activities of $67.1 million Q2 2025 Condensed Consolidated Statements of Cash Flows Summary (USD in thousands) | Cash Flow Category | Q2 2025 | Q2 2024 | | :--------------------- | :--------- | :--------- | | Net Cash Provided by Operating Activities | 144,942 | 155,548 | | Net Cash Used in Investing Activities | (74,037) | (92,766) | | Net Cash Used in Financing Activities | (67,117) | (71,997) | | Cash and Cash Equivalents, End of Period | 152,876 | 201,518 | - The decrease in cash flow from operating activities was primarily due to the net loss, offset by adjustments for non-cash items like depreciation, amortization, and asset impairment[39](index=39&type=chunk) [Non-GAAP Financial Measures](index=5&type=section&id=Non-GAAP%20Financial%20Measures) This section defines and explains the rationale for using non-GAAP financial measures such as Adjusted EBITDA and Adjusted EBITDA less Capital Expenditures to assess business performance and liquidity [Definitions of Non-GAAP Measures](index=5&type=section&id=Definitions%20of%20Non-GAAP%20Measures) The company utilizes non-GAAP metrics like Adjusted EBITDA and Adjusted EBITDA Margin to provide a clearer view of core operations by excluding non-cash or special items - “Adjusted EBITDA” is defined as net income (loss) plus net interest expense, income tax provision (benefit), depreciation and amortization, share-based compensation, severance and contract termination costs, acquisition-related costs, net (gain) loss on asset sales and disposals, system conversion costs, rebranding costs, net (gain) loss on equity method investments, asset impairment, executive search costs, other net (gain) expense, and any applicable special items[22](index=22&type=chunk) - “Adjusted EBITDA Margin” is defined as Adjusted EBITDA divided by total revenue[23](index=23&type=chunk) - “Adjusted EBITDA less Capital Expenditures” is a liquidity measure calculated as net cash provided by operating activities, excluding capital expenditures, net interest expense, amortization of debt discount and issuance costs, income tax provision (benefit), changes in operating assets and liabilities, changes in deferred income taxes, and any applicable special items[24](index=24&type=chunk) [Rationale for Use](index=5&type=section&id=Rationale%20for%20Use) These non-GAAP metrics help investors evaluate operational performance, measure the ability to fund operations and investments, and are commonly used for industry comparisons - The company uses these non-GAAP measures to evaluate its performance and as an indicator of its ability to fund operations and make additional investments with internally generated funds[26](index=26&type=chunk) - Adjusted EBITDA is generally consistent with the measure used in the company’s credit agreement and non-convertible senior unsecured notes indenture for leverage ratio calculations to determine compliance with covenants[26](index=26&type=chunk) - These measures are commonly used by investors, analysts, and peers to compare performance within the company’s industry[28](index=28&type=chunk) [Reconciliations of Non-GAAP Measures](index=12&type=section&id=Reconciliations%20of%20Non-GAAP%20Measures) This section provides detailed reconciliation tables from GAAP net income (loss) to Adjusted EBITDA and from net cash provided by operating activities to Adjusted EBITDA less Capital Expenditures Net Income (Loss) to Adjusted EBITDA Reconciliation (USD in thousands) | Metric | Q2 2025 | Q2 2024 | Change ($) | Change (%) | | :--------------------------------- | :------------- | :------------- | :------- | :------- | | Net Income (Loss) | (437,976) | 38,152 | (476,128)| NM | | Add: Net Interest Expense | 33,905 | 34,964 | (1,059) | (3.0)% | | Income Tax Provision (Benefit) | (117,575) | 14,069 | (131,644)| NM | | Depreciation and Amortization | 86,118 | 85,314 | 804 | 0.9% | | Share-Based Compensation | 10,048 | 7,111 | 2,937 | 41.3% | | Asset Impairment | 586,017 | — | 586,017 | NM | | **Adjusted EBITDA** | **203,214** | **212,372** | **(9,158)**| **(4.3)%** | Net Cash Provided by Operating Activities to Adjusted EBITDA less Capital Expenditures Reconciliation (USD in thousands) | Metric | Q2 2025 | Q2 2024 | Change ($) | Change (%) | | :--------------------------------- | :------------- | :------------- | :------- | :------- | | Net Cash Provided by Operating Activities | 144,942 | 155,548 | (10,606) | (6.8)% | | Capital Expenditures | (68,374) | (71,592) | 3,218 | (4.5)% | | Net Interest Expense | 33,905 | 34,964 | (1,059) | (3.0)% | | Income Tax Provision (Benefit) | (117,575) | 14,069 | (131,644)| NM | | Changes in Deferred Income Taxes | 140,217 | 9,333 | 130,884 | NM | | **Adjusted EBITDA less Capital Expenditures** | **134,840** | **140,780** | **(5,940)**| **(4.2)%** | [Company Information](index=4&type=section&id=Company%20Information) This section provides an overview of Cable One, details regarding the conference call, and important disclosures about forward-looking statements and associated risk factors [About Cable One](index=5&type=section&id=About%20Cable%20One) Cable One, Inc. (NYSE:CABO) is a leading broadband communications provider serving over one million residential and business customers across 24 states through its Sparklight® brand - Cable One is a leading broadband communications provider, serving over **1 million** residential and business customers across **24** states through its Sparklight® brand[29](index=29&type=chunk) - The company is committed to innovation, reliability, and customer experience, connecting communities and bridging the digital divide through robust infrastructure and cutting-edge technology[29](index=29&type=chunk)[30](index=30&type=chunk) [Conference Call and Additional Information](index=4&type=section&id=Conference%20Call%20and%20Additional%20Information) Cable One will host a conference call on July 31, 2025, to discuss Q2 results, with webcast and replay available on its investor relations website, and further details in the 10-Q report - The company will host a conference call to discuss Q2 results on **July 31, 2025**, at **5:00 p.m. ET**[17](index=17&type=chunk) - A webcast and replay of the conference call will be available on the Cable One investor relations website at ir.cableone.net[17](index=17&type=chunk)[18](index=18&type=chunk) - Investors should read this press release in conjunction with the company’s Q2 2025 Form 10-Q quarterly report filed with the SEC[19](index=19&type=chunk) [Forward-Looking Statements and Risk Factors](index=7&type=section&id=Forward-Looking%20Statements%20and%20Risk%20Factors) This press release contains forward-looking statements subject to risks and uncertainties, including competition, technological changes, AI use, programming costs, supply chain disruptions, and asset impairment - Forward-looking statements are based on current expectations, estimates, assumptions, and projections, and actual results may differ materially from these statements[32](index=32&type=chunk) - Significant risk factors include increased competition from historical and new entrants, technological changes, risks associated with AI use, ability to grow residential and business data revenue and customer base, increased programming costs and retransmission fees, supply chain disruptions, and impairment of intangible assets and goodwill[32](index=32&type=chunk) - Additional risks include regulatory changes, debt levels and their impact on the business, ability to pay dividends, and ability to retain key employees[32](index=32&type=chunk)[34](index=34&type=chunk)

Group 1 - Cable One, Inc. (NYSE: CABO) is expected to see increased demand for its services due to the deployment of DOCSIS 4.0, the rise of remote work, and the growth of the IoT industry [1] - The recent decrease in contract termination costs may positively impact Cable One's business model [1] Group 2 - The analysis is based on cash flow statements and unlevered free cash flow figures, with assumptions derived from previous financial data and forecasts about the company's future [1] - The financial models may include various metrics such as cost of capital, cost of debt, WACC, share count, and net debt [1] - The focus is primarily on companies with a long history of reporting financial figures, rather than growth stocks [1]

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].

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]

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]

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].

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].

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].

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].