Cable One shares have rebounded after a debt exchange but remain deeply discounted due to high leverage and broadband headwinds. MBI acquisition increases CABO's leverage above 4.5x, prompting credit downgrades and intensifying balance sheet risk. Broadband and video subscriber declines, coupled with rising competition, pressure revenue and margins; stabilization is critical for valuation recovery.
Cable One, Inc. (CABO) Q1 2026 Earnings Call Transcript
While the top- and bottom-line numbers for Cable One (CABO) give a sense of how the business performed in the quarter ended March 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| CE Curtis Ellergodt Rothschild Investment LLC | 43 | $6,042.57 | $1,831.37 | -$4,211.2 | -69.69% |
| WRC Wallace R. Cooney Graham Holdings Co. | 182,439 | $32.3M | $7.79M | -$24.51M | -75.88% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 1 | $91.21 | $42.04 | -$49.17 | -53.91% |
| SN Stephanie Nee HARBOR CAPITAL ADVISORS Inc. | 142 | $16,024.7 | $5,941.99 | -$10,082.71 | -62.92% |
Joseph Castro Nuveen LLC | 13,532 | $3.48M | $567,329.1 | -$2.91M | -83.67% |
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
Steven Cahall Wells Fargo | -781.92 | $33,333.33 | $34,334.19 | -$1,000.86 | -3% |
| Media Industry | Communication Services Sector | James Holanda CEO | NYSE Exchange | 12685J105 CUSIP |
| US Country | 2,592 Employees | 18 Feb 2025 Last Dividend | - Last Split | 1 Jul 2015 IPO Date |
Cable One, Inc., together with its subsidiaries, operates within the United States offering a comprehensive range of data, video, and voice services. Catering to both residential and business customers, the company has established a robust infrastructure to provide enhanced Wi-Fi solutions, digital video services, and voice communications. Since its incorporation in 1980, Cable One has been committed to delivering high-quality services tailored to meet the evolving needs of its customers. Headquartered in Phoenix, Arizona, the company has continuously expanded its offerings to include innovative solutions like cloud-based DVR and IPTV video services, reinforcing its position in the competitive telecommunications industry.
This service is designed to meet the home internet needs of users, providing a reliable and fast data connection. Cable One enhances the experience by offering solutions to amplify Wi-Fi signal strength throughout the home, ensuring uninterrupted access across all rooms.
Cable One provides a spectrum of video services, ranging from basic video offerings to advanced digital services, featuring access to hundreds of channels. The company also offers a cloud-based DVR feature, enabling users to record and play back their favorite TV shows without the need for traditional set-top boxes.
This IPTV video service allows customers to stream video channels directly from the cloud through an app available on supported devices such as Amazon Firestick, Apple TV, and Android-based smart TVs. Sparklight TV represents Cable One's foray into app-based television, offering a flexible and modern alternative to conventional cable TV.
Understanding the diverse needs of businesses, Cable One offers a range of products tailored for commercial customers. These include data, voice, and video services that are scaled to suit the varied demands from small to mid-market businesses, large enterprises, as well as wholesale and carrier customers. Cable One's business services are designed to provide comprehensive communications solutions that support the growth and operational efficiency of businesses in various sectors.