Cable ONE (CABO) Misses Q4 EPS by 72c
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Cable ONE Reports Fourth Quarter and Full Year 2018 Results
February 27, 2019 4:15 PM ESTPHOENIX--(BUSINESS WIRE)-- Cable One, Inc. (NYSE: CABO) (the Company or Cable ONE) today reported financial and operating results for the quarter and year ended December 31, 2018.
Fourth Quarter 2018 Highlights:
Total revenues were $269.9 million in the fourth quarter of 2018 compared to $257.7 million in the fourth quarter of 2017, an increase of 4.7%. Residential data revenues increased 12.3% and business services revenues increased 10.3% year-over-year. Net income was $42.0 million in the fourth quarter of 2018, a decrease of 70.9% year-over-year primarily as a result of a significant benefit from the Federal tax reform... More