Cable ONE (CABO) Misses Q2 EPS by 24c, Revenue Beats
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Cable ONE Reports Second Quarter 2018 Results
August 9, 2018 6:30 AM 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, 2018.
Second Quarter 2018 Highlights:
Net income was $43.8 million in the second quarter of 2018, an increase of 57.2% year-over-year. Adjusted EBITDA(1) was $127.1 million, an increase of 12.2% year-over-year. Net profit margin was 16.3% and Adjusted EBITDA margin(1) was 47.4%. Net income and Adjusted EBITDA results for the second quarter of 2018 include a full quarter of NewWave Communications (NewWave) operations, while the comparable results for the second quarter... More