Cable ONE (CABO) Misses Q2 EPS by $1.59
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Cable ONE Reports Second Quarter 2019 Results
August 7, 2019 4:15 PM 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, 2019.
Second Quarter 2019 Highlights:
Total revenues were $285.7 million in the second quarter of 2019 compared to $268.4 million in the second quarter of 2018, an increase of 6.4%. Residential data revenues increased 8.5% and business services revenues increased 29.3% year-over-year. Net income was $36.4 million in the second quarter of 2019, a decrease of 16.9% year-over-year. Adjusted EBITDA(1) was $137.6 million, an increase of 8.1%... More