Cable ONE (CABO) Tops Q2 EPS by 19c
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Cable ONE Reports Second Quarter 2016 Results
August 3, 2016 4:31 PM EDTSecond Quarter Net Income Increases 24.3% and Adjusted EBITDA Grows 14.6%
PHOENIX--(BUSINESS WIRE)-- Cable One, Inc. (NYSE: CABO) (the Company or Cable ONE) today reported financial and operating results for the three and six months ended June 30, 2016.
Key second quarter highlights:
Net income was $26.6 million, an increase of 24.3% compared to the second quarter of 2015. Adjusted EBITDA1 was $88.9 million, an increase of 14.6% year-over-year, with a net profit margin of 13.0% and an Adjusted EBITDA Margin1 of 43.5%. Net cash provided by operating activities was $48.0 million, a decrease... MoreCable ONE Declares Quarterly Dividend
August 2, 2016 4:30 PM EDTPHOENIX--(BUSINESS WIRE)-- The Board of Directors of Cable One, Inc. (NYSE: CABO) today declared a quarterly cash dividend of $1.50 per share. The dividend is payable on September 2, 2016, to stockholders of record at the close of business on August 16, 2016.
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