Latest news with #CableOne
Yahoo
6 days ago
- Business
- Yahoo
Wireless, Cable and Satellite Stocks Q1 In Review: Cable One (NYSE:CABO) Vs Peers
Quarterly earnings results are a good time to check in on a company's progress, especially compared to its peers in the same sector. Today we are looking at Cable One (NYSE:CABO) and the best and worst performers in the wireless, cable and satellite industry. The massive physical footprints of cell phone towers, fiber in the ground, or satellites in space make it challenging for companies in this industry to adjust to shifting consumer habits. Over the last decade-plus, consumers have 'cut the cord' to their landlines and traditional cable subscriptions in favor of wireless communications and streaming video. These trends do mean that more households need cell phone plans and high-speed internet. Companies that successfully serve customers can enjoy high retention rates and pricing power since the options for mobile and internet connectivity in any geography are usually limited. The 8 wireless, cable and satellite stocks we track reported a mixed Q1. As a group, revenues were in line with analysts' consensus estimates while next quarter's revenue guidance was 0.7% below. While some wireless, cable and satellite stocks have fared somewhat better than others, they have collectively declined. On average, share prices are down 1.9% since the latest earnings results. Founded in 1986, Cable One (NYSE:CABO) provides high-speed internet, cable television, and telephone services, primarily in smaller markets across the United States. Cable One reported revenues of $380.6 million, down 5.9% year on year. This print fell short of analysts' expectations by 1.5%. Overall, it was a slower quarter for the company with a miss of analysts' adjusted operating income estimates. Cable One delivered the weakest performance against analyst estimates of the whole group. Unsurprisingly, the stock is down 39.8% since reporting and currently trades at $158.05. Read our full report on Cable One here, it's free. Formerly known as American Cable Systems, Comcast (NASDAQ:CMCSA) is a multinational telecommunications company offering a wide range of services. Comcast reported revenues of $29.89 billion, flat year on year, in line with analysts' expectations. The business had a satisfactory quarter with a decent beat of analysts' EPS estimates but a miss of analysts' domestic broadband customers estimates. The market seems content with the results as the stock is up 1.8% since reporting. It currently trades at $35.01. Is now the time to buy Comcast? Access our full analysis of the earnings results here, it's free. Based in Long Island City, Altice USA (NYSE:ATUS) is a telecommunications company offering cable, internet, telephone, and television services across the United States. Altice reported revenues of $2.15 billion, down 4.4% year on year, in line with analysts' expectations. It was a slower quarter as it posted a significant miss of analysts' EPS estimates. As expected, the stock is down 7.2% since the results and currently trades at $2.45. Read our full analysis of Altice's results here. Formed in 1984 as Bell Atlantic after the breakup of Bell System into seven companies, Verizon (NYSE:VZ) is a telecom giant providing a range of communications and internet services. Verizon reported revenues of $33.49 billion, up 1.5% year on year. This result was in line with analysts' expectations. Zooming out, it was a mixed quarter as it underperformed in some other aspects of the business. The company added 1,194,000 customers to reach a total of 146 million. The stock is up 1.3% since reporting and currently trades at $43.48. Read our full, actionable report on Verizon here, it's free. Founded by Alexander Graham Bell, AT&T (NYSE:T) is a multinational telecomm conglomerate providing a range of communications and internet services. AT&T reported revenues of $30.63 billion, up 2% year on year. This print beat analysts' expectations by 1%. Zooming out, it was a mixed quarter as it also produced a decent beat of analysts' adjusted operating income estimates but a slight miss of analysts' EPS estimates. AT&T pulled off the fastest revenue growth among its peers. The stock is up 1.8% since reporting and currently trades at $27.45. Read our full, actionable report on AT&T here, it's free. Thanks to the Fed's rate hikes in 2022 and 2023, inflation has been on a steady path downward, easing back toward that 2% sweet spot. Fortunately (miraculously to some), all this tightening didn't send the economy tumbling into a recession, so here we are, cautiously celebrating a soft landing. The cherry on top? Recent rate cuts (half a point in September 2024, a quarter in November) have propped up markets, especially after Trump's November win lit a fire under major indices and sent them to all-time highs. However, there's still plenty to ponder — tariffs, corporate tax cuts, and what 2025 might hold for the economy. Want to invest in winners with rock-solid fundamentals? Check out our Top 5 Growth Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate. Join Paid Stock Investor Research Help us make StockStory more helpful to investors like yourself. Join our paid user research session and receive a $50 Amazon gift card for your opinions. Sign up here. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
16-05-2025
- Business
- Yahoo
CABO Q1 Earnings Call: New Product Trials and Dividend Suspension Signal Strategic Shift
Internet, cable TV, and phone provider Cable One (NYSE:CABO) fell short of the market's revenue expectations in Q1 CY2025, with sales falling 5.9% year on year to $380.6 million. Its non-GAAP profit of $12.58 per share was 3.1% above analysts' consensus estimates. Is now the time to buy CABO? Find out in our full research report (it's free). Revenue: $380.6 million vs analyst estimates of $386.3 million (5.9% year-on-year decline, 1.5% miss) Adjusted EPS: $12.58 vs analyst estimates of $12.21 (3.1% beat) Adjusted EBITDA: $202.7 million vs analyst estimates of $206.2 million (53.3% margin, 1.7% miss) Operating Margin: 25.1%, down from 29.6% in the same quarter last year Free Cash Flow Margin: 11.9%, down from 24.5% in the same quarter last year Residential Data Subscribers: 1.04 million, down 21,700 year on year Market Capitalization: $926.9 million Cable One's first quarter results reflected management's focus on stabilizing subscriber trends in a more competitive landscape, as CEO Julia Laulis highlighted efforts to rebuild customer growth engines and recover from a decline in residential broadband subscribers. She attributed the quarter's performance to lower-than-expected new customer additions and unusual churn events, such as disruptions from billing system migration and the shutdown of unprofitable fixed wireless towers, but noted that churn rates have since reverted to historically low levels. The company is now emphasizing a multiyear plan centered on new products, customer retention, and operational enhancements. Looking forward, management outlined confidence in returning to broadband revenue growth in 2025, driven by an expanded product portfolio targeting value-conscious and underserved customers. Laulis emphasized the anticipated rollout of FlexConnect and Internet Lift offerings, along with a data-driven, disciplined approach to marketing and infrastructure investments. She also addressed the company's decision to suspend its dividend, citing a need to accelerate debt reduction and reinvest in organic growth initiatives, while CFO Todd Koetje assured stakeholders that this move was not driven by debt covenant or liquidity concerns. Cable One's management addressed the drivers behind the first quarter's performance and set the stage for a strategic transformation. The main deviations from analyst expectations were attributed to subscriber losses and revenue headwinds, offset partially by emerging product successes and disciplined cost management. Churn and Connect Trends: Management reported customer losses tied to lower-than-expected new connects and several one-time churn events, including systems migration and weather disruptions. Churn rates have since returned to historically low levels, supported by an AI-driven churn propensity model. FlexConnect Launch: The pilot of FlexConnect, aimed at value-seeking customers as an alternative to cellphone internet, showed positive trends in both customer acquisition and average revenue per user. Aggressive marketing and expanded rollout are expected in the coming months. Internet Lift Pilot: Internet Lift, a new offering targeting income-eligible customers, is being piloted with early signs of incremental broadband revenue and minimal risk of cannibalization. Broader rollout is planned for upcoming quarters. Business Data Resilience: While residential revenues declined, the business data segment grew modestly. Carrier and enterprise fiber operations posted strong contract wins, expanding network reach and recurring revenue. Dividend Suspension and Capital Allocation: The company suspended its dividend to prioritize debt reduction and funding for organic growth. Management emphasized this was not due to financial distress, but a proactive strategy to strengthen the balance sheet and support future investments. Management expects future performance to hinge on product innovation, customer acquisition improvements, and disciplined capital management as competition intensifies. New Product Rollouts: Expansion of FlexConnect and Internet Lift is anticipated to attract new customer segments and boost broadband revenue, with targeted marketing designed to minimize churn and maximize ARPU. Retention and Experience Investments: Enhanced retention strategies, including AI tools and personalized engagement, are expected to maintain historically low churn and support customer satisfaction. Balance Sheet Focus: The dividend suspension reallocates capital to debt repayment and growth investments, with management aiming to keep leverage below four times and maintain flexibility for future refinancing or share repurchases. Frank Louthan (Raymond James): Asked if the dividend cut was due to financial distress or debt covenants. CFO Todd Koetje stated it was a strategic move, not related to liquidity or covenants, to accelerate debt reduction and support growth initiatives. Frank Louthan (Raymond James): Followed up on timing for returning to broadband subscriber growth. CEO Julia Laulis said improvements are underway but did not specify a target date, expressing confidence that both subscriber and revenue growth would be achieved in 2025. Sebastiano Petti (JPMorgan): Sought specifics on the unusual churn events and confidence in revenue growth despite recent subscriber and ARPU declines. Management attributed churn to billing migration, fixed wireless tower shutdowns, and weather, but stressed that retention and new product trials underpin their outlook. Brandon Nispel (KeyBanc): Requested details on ARPU for FlexConnect and Lift, as well as competitive overlap from fiber and fixed wireless. Management explained that pricing for FlexConnect would change in mass rollout and noted that over 50% of the footprint faces fiber competition, with nearly all markets exposed to mobile broadband competition. Brandon Nispel (KeyBanc): Asked about the competitive environment and market overlap. Management confirmed that competitive dynamics are driving product innovation and targeted marketing efforts. In the coming quarters, the StockStory team will monitor (1) the effectiveness of FlexConnect and Internet Lift in attracting new broadband customers, (2) whether churn rates remain at historically low levels following operational changes, and (3) the impact of the dividend suspension on debt reduction and capital allocation. Progress on business data contract wins and execution of infrastructure investments will also be important indicators of Cable One's ability to deliver on its long-term growth objectives. Cable One currently trades at a forward EV-to-EBITDA ratio of 1.1×. In the wake of earnings, is it a buy or sell? See for yourself in our free research report. The market surged in 2024 and reached record highs after Donald Trump's presidential victory in November, but questions about new economic policies are adding much uncertainty for 2025. While the crowd speculates what might happen next, we're homing in on the companies that can succeed regardless of the political or macroeconomic environment. Put yourself in the driver's seat and build a durable portfolio by checking out our Top 6 Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 176% over the last five years. Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Exlservice (+354% five-year return). Find your next big winner with StockStory today.
Yahoo
14-05-2025
- Business
- Yahoo
Cable One, Inc. (CABO): One of the Underperforming Stocks Targeted By Short Sellers
We recently published a list of . In this article, we are going to take a look at where Cable One, Inc. (NYSE:CABO) stands against other underperforming stocks targeted by short sellers. Short interest refers to the percentage of publicly available shares that have been sold short. It is an indicator used by many investors to determine how strong a company's bear thesis may be. Due to the nature of short selling, the short interest has become a popular indicator among investors. The reason it is given so much weightage is that people betting against a stock have usually done solid research and are confident of a company's downfall. They take unlimited risk, so when big investors or the smart money shorts a stock, people take notice. They try to unearth the red flags that may have prompted the high short interest. We decided to dig deeper and try to find out where smart money sees trouble ahead. To come up with our list of 20 underperforming stocks targeted by short sellers, we looked at the worst-performing stocks of the last six months and then ranked them by the short interest. A customer in their home enjoying premium channels, high-definition set-top boxes, and whole-home DVRs. Short interest: 16.28% 6 months' performance: -21.62% Cable One, Inc. (NYSE:CABO) engages in the provision of voice, video, and data services inside the United States. It offers the Sparklight TV service, a cloud-based digital voice recording service, and also helps boost wifi signals at home through its residential data services. The reason shorts are attracted to a company like Cable One (NYSE:CABO) is because of the current industry trends. Wireless voice services are way more in demand now than residential video services. This shifting trend is quite visible in the company's revenues, with residential video services down from 41% of total revenue 10 years ago to only 14% now. This leaves the company to compete in the data services industry, which is a highly competitive niche. Its capital-intensive business was looking quite attractive till 2022, when neither revenues nor cash flows were going strong. However, a consistent decline in revenues and stabilizing cash flows point to an unattractive future. The share price has already dropped from $2100 to $174 in three and a half years and continues to go down with each passing quarter. Overall, CABO ranks 10th on our list of underperforming stocks targeted by short sellers. While we acknowledge the potential of CABO as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than CABO but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
Business Wire
08-05-2025
- Business
- Business Wire
Cable One, Inc. (CABO) Investors Who Lost Money – Contact Law Offices of Howard G. Smith About Securities Fraud Investigation
BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of Cable One, Inc. ('Cable One' or the 'Company') (NYSE: CABO) investors concerning the Company's possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN CABLE ONE, INC. (CABO), CONTACT THE LAW OFFICES OF HOWARD G. SMITH ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS. Contact the Law Offices of Howard G. Smith to discuss your legal rights by email at howardsmith@ by telephone at (215) 638-4847 or visit our website at What Happened? On May 1, 2025, Cable One released its first quarter 2025 financial results, revealing revenue which declined approximately 6% year over year, with residential data revenue declining 4.5% in the same period due to 'decrease in residential data subscribers and a decrease in average revenue per unit ("ARPU") as a result of the implementation of targeted pricing and product offerings in certain markets.' The Company further disclosed there was 'heightened churn associated with [its] billing migration activities' in the quarter. On this news, Cable One's stock price fell $109.48, or 41.8%, to close at $152.51 on May 2, 2025, thereby injuring investors. Contact Us To Participate or Learn More: If you purchased Cable One securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us: Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020, Telephone: (215) 638-4847 Email: howardsmith@ Visit our website at: This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
Business Wire
07-05-2025
- Business
- Business Wire
CABO Investors Have Opportunity to Join Cable One, Inc. Fraud Investigation With the Schall Law Firm
LOS ANGELES--(BUSINESS WIRE)-- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Cable One, Inc. ('Cable One' or 'the Company') (NYSE: CABO) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Cable One released its Q1 2025 financial results on May 1, 2025. The Company revealed a 6% revenue decline year-over-year and a residential data revenue decrease of 4.5%. According to the Company, the 'decrease in residential data subscribers and a decrease in average revenue per unit ("ARPU") as a result of the implementation of targeted pricing and product offerings in certain markets.' The Company also disclosed that 'heightened churn associated with [its] billing migration activities.' Based on this news, shares of Cable One fell by 41.8% on the next day. If you are a shareholder who suffered a loss, click here to participate. We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at or by email at bschall@ The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
