Cable ONE (CABO) Misses Q4 EPS by 25c
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Cable ONE Reports Full Year and Fourth Quarter 2016 Results
February 28, 2017 6:30 AM ESTAnnual Net Income Grows 11.1% and Adjusted EBITDA Grows 10.3%
Company Announced Strategic Acquisition
PHOENIX--(BUSINESS WIRE)-- Cable One, Inc. (NYSE: CABO) (the Company or Cable ONE) today reported financial and operating results for the three months and year ended December 31, 2016.
Full year 2016 highlights:
Net income was $98.9 million, an increase of 11.1%, year-over-year. Adjusted EBITDA1 was $350.5 million, an increase of 10.3% year-over-year, with a net profit margin of 12.1% and an Adjusted EBITDA Margin1 of 42.8%. Net cash provided by operating activities was $251.8 million, an increase of 2.2%... More