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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
Cable OneCable One(US:CABO) Prnewswireยท2025-06-05 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]