Cable ONE (CABO) Posts Q2 EPS of $4.97
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Cable ONE Reports Second Quarter 2017 Results
August 8, 2017 6:30 AM EDTPHOENIX--(BUSINESS WIRE)-- Cable One, Inc. (NYSE: CABO) (the Company or Cable ONE) today reported financial and operating results for the quarter ended June 30, 2017.
Second quarter 2017 highlights:
The Company completed the acquisition of RBI Holding LLC (NewWave) on May 1, 2017. Net income was $28.6 million in the second quarter of 2017, an increase of 7.3% year-over-year. Adjusted EBITDA(1) was $113.3 million, an increase of 26.8% year-over-year. Net profit margin was 11.9% and Adjusted EBITDA margin(1) was 47.0%. Net income and Adjusted EBITDA results in the second quarter... More