Cable ONE (CABO) Tops Q1 EPS Views
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Cable ONE Reports First Quarter 2016 Results
May 4, 2016 4:30 PM EDTResidential HSD and Business Services Continue to Propel Adjusted EBITDA and Free Cash Flow Growth
PHOENIX--(BUSINESS WIRE)-- Cable One, Inc. (NYSE: CABO) (the Company or Cable ONE) today reported financial and operating results for the three months ended March 31, 2016.
Key first quarter highlights:
Net income was $27.0 million. Adjusted EBITDA1 was $85.3 million, an increase of 14.2% year-over-year, with an Adjusted EBITDA Margin1 of 42.1%. Free Cash Flow1 was $57.9 million, an increase of 34.7% compared to the first quarter of 2015. Residential data revenues were $83.4 million, an increase of 20.8%... More