Cable One (CABO) Q2 Revenue Falls 3.4%

Cable One (CABO 7.20%), a broadband and communications provider focused on non-metropolitan markets, released its second quarter results on July 31, 2025. The headline news was a sharp GAAP net loss of $438.0 million, largely driven by a $586.0 million non-cash asset impairment in the period. GAAP revenue totaled $381.1 million, just under the $381.5 million analyst estimate and representing a 3.4% decrease from the prior year. Key profit metrics also weakened, with Adjusted EBITDA (non-GAAP) dropping 4.3% ...