Core Insights - Cable One (CABO) reported a revenue of $363.74 million for the quarter ended December 2025, reflecting a decline of 6.1% year-over-year and a surprise of -1.49% compared to the Zacks Consensus Estimate of $369.25 million [1] - The company's EPS was -$1.35, a significant drop from $1.53 in the same quarter last year, resulting in an EPS surprise of -117.76% against the consensus estimate of $7.60 [1] Revenue Breakdown - Residential Data revenue was $219.64 million, below the average estimate of $222.69 million, marking a year-over-year decline of -4.2% [4] - Other revenues totaled $23.14 million, significantly lower than the $24.5 million average estimate, representing a drastic year-over-year change of -59.8% [4] - Residential Voice revenue reached $6.4 million, slightly above the estimated $6.22 million, but still down -13.9% compared to the previous year [4] - Residential Video revenue was $43.14 million, exceeding the average estimate of $42.08 million, yet showing a year-over-year decline of -15.2% [4] Stock Performance - Over the past month, Cable One shares have returned +24.8%, outperforming the Zacks S&P 500 composite, which saw a change of +0.6% [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market in the near term [3]

Cable One (NYSE:CABO) Q4 2025 Earnings call February 26, 2026 05:00 PM ET Company ParticipantsCraig Moffett - Partner and Senior Managing DirectorJamesl Holanda - CEOJordan Morkert - Vice President of Investor RelationsSam McHugh - Head of Telecom Equity ResearchTodd Koetje - Chief Financial Officer and Interim CEOConference Call ParticipantsBrandon Nispel - Director and Equity Research AnalystFrank Louthan - Managing Director and Senior Equity Research AnalystGregory Williams - Director and Senior Equity R ...

Cable One (NYSE:CABO) Q4 2025 Earnings call February 26, 2026 05:00 PM ET Speaker6Hello, thank you for standing by. My name is Regina, and I will be your conference operator today. At this time, I would like to welcome everyone to the Cable One fourth quarter and full year 2025 earnings conference call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question-and-answer session. If you would like to ask a question during this time, simply pres ...

February 26, 2026 Q4 2025 Earnings Conference Call Safe Harbor Statement This presentation contains forward-looking statements and projections about Shentel regarding, among other things, its business strategy, its prospects and its financial position. These statements can be identified by the use of forward-looking terminology such as "believes," "estimates," "expects," "intends," "may," "will," "plans," "should," "could," or "anticipates" or the negative or other variation of these or similar words, or by ...

Core Viewpoint - Comcast has completed the expansion of its network in three underserved areas of Spokane County, enhancing access to high-speed Internet for local residents and businesses [1] Group 1: Network Expansion - The network expansion covers Chattaroy, Four Lakes, and Medical Lake, providing reliable, high-speed, symmetrical Internet to over 2,200 homes and businesses [1]

Core Insights - Charter Communications Inc. reported a quarterly revenue decline of 2.3% year-on-year to $13.60 billion, missing analyst consensus estimates of $13.74 billion, while EPS of $10.34 exceeded the consensus estimate of $9.90 [1] - The company expects capital expenditures (capex) of approximately $11.4 billion for fiscal 2025, a slight decrease from the previous estimate of $11.7 billion [1] Company Strategy - Charter Communications aims to position Spectrum as a provider of guaranteed connectivity, service, and savings, focusing on messaging product utility, value, and high-quality service to drive sustainable growth in customer base, EBITDA, and cash flow for shareholders in 2026 [2] - Following the earnings announcement, Charter Communications shares increased by 4.5%, trading at $215.45 [2] Analyst Ratings - Benchmark analyst Matthew Harrigan maintained a Buy rating on Charter Communications and raised the price target from $425 to $455 [4] - Wells Fargo analyst Steven Cahall maintained an Underweight rating and raised the price target from $180 to $200 [4]

Core Insights - Charter Communications Inc. experienced a notable performance with a 7.62% gain, closing at $206.12, attributed to a lower-than-expected decline in Internet subscriptions in Q4 [1] Group 1: Internet Subscriptions - Charter Communications reported a total of 119,000 customers canceled their Internet subscriptions in Q4, significantly lower than the expected 131,970 cancellations by analysts [2] Group 2: Video Customers - The company saw an increase of 44,000 total video customers, contrasting with a decline of 123,000 in the same quarter of 2024, driven by new pricing and packaging strategies launched in September 2024 [3] Group 3: Financial Performance - Net income attributable to shareholders decreased by 9.1% to $1.332 billion from $1.466 billion, primarily due to lower Adjusted EBITDA, merger and acquisition costs related to the Cox transaction, and increased income tax expenses [4] - Total revenues fell by 2.3% to $13.6 billion from $13.93 billion, influenced by lower revenues from residential video and political advertising, partially offset by revenue increases in residential mobile services, mobile equipment, and residential Internet, along with a $37 million customer credit related to hurricanes Helene and Milton [5]

Core Viewpoint - Charter Communications (CHTR) shares have significantly underperformed over the past year, losing nearly 50% of their value due to concerns regarding the degradation of its broadband business and its substantial debt load [1] Company Performance - The stock has lost almost half of its value in the last year, indicating severe challenges in its market performance [1] Industry Challenges - The primary challenges facing Charter Communications include the degradation of its broadband business and the burden of its debt [1]

Financial Data and Key Metrics Changes - In 2025, the company's revenue decreased by approximately 0.5% year-over-year, while EBITDA grew by about 0.5% [5][28] - Net income for the fourth quarter was $1.3 billion, down from $1.5 billion in the prior year due to lower adjusted EBITDA and higher income tax expenses [28][32] - Adjusted EBITDA declined by 1.2% year-over-year in the fourth quarter, with a full-year growth of 0.6% [28][29] Business Line Data and Key Metrics Changes - Internet customer losses improved year-over-year, with a loss of 119,000 internet customers in Q4, better than the previous year [21] - Mobile lines increased by 428,000, marking a 19% growth, although net additions were lower due to competitive device subsidies [5][21] - Video customers grew by 44,000 in Q4, a significant improvement from a loss of 123,000 in Q4 2024, driven by lower churn and new pricing strategies [22][24] Market Data and Key Metrics Changes - The company added 147,000 subsidized rural passings in Q4, exceeding the target of 450,000 for the year [23] - Total commercial revenue grew by 0.3% year-over-year, with mid-market and large business revenue growth of 2.6% [25] - Advertising revenue declined by 26% in Q4, primarily due to reduced political advertising [25] Company Strategy and Development Direction - The company aims to enhance its competitive position by improving service quality and messaging superior value to customers [6][8] - Plans to complete rural build-out in 2026, adding over 1.7 million new subsidized rural passings [8] - The introduction of the Invincible Wi-Fi product in February aims to guarantee internet service and savings for customers [14][17] Management's Comments on Operating Environment and Future Outlook - The operating environment remains competitive, particularly in internet sales, with low move rates and increased mobile substitution [6][17] - Management expects slight EBITDA growth in 2026, despite challenges from broadband subscriber declines [28][61] - The company is focused on long-term customer, EBITDA, and cash flow growth, with a commitment to improving service and operational efficiency [19][35] Other Important Information - Capital expenditures for 2025 totaled $11.66 billion, with expectations for a decline in future years [29][30] - The company plans to reduce its leverage target to the low end of a new 3.5-3.75 times range post-Cox transaction [33][34] - Free cash flow is expected to increase significantly, providing flexibility for capital returns to shareholders [35] Q&A Session Summary Question: Details on the new wireless agreement and its impact - The company has amended its long-term MVNO agreement with Verizon, supporting profitable growth for both parties [40] Question: Market position of Spectrum Mobile - The converged strategy is working, with increasing brand awareness and customer perception of value [46][50] Question: Market share trends against fiber operators - The company has greater penetration than fiber competitors and does not see overbuilders reaching ROI goals within its footprint [58] Question: EBITDA growth expectations - EBITDA growth is challenged in 2026, but the company aims to overcome this through mobile growth and operational improvements [61] Question: Sustainability of video subscriber gains - The goal is to have a video product that supports broadband acquisition and retention, not just net gains for their own sake [66][71]

Core Viewpoint - Charter Communications reported a smaller-than-expected decline in broadband subscribers for the fourth quarter, supported by its internet offerings that can be bundled with high-speed mobile services [1] Group 1: Subscriber Performance - The decline in broadband subscribers was less than anticipated, indicating a potential stabilization in customer retention [1] - The company's ability to bundle internet services with mobile offerings may have contributed to this performance [1]