Cable One Q3 Revenue Misses Estimates as Residential Data Subscribers Decline
Cable One reported Q3 revenue below estimates, citing fewer residential data subscribers.
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10:22:35 PM UTC
SquawkNews
Cable One’s third-quarter revenue fell 11.7% year over year as subscriber losses and competitive pricing and promotional activity weighed on residential data, while video customer declines also reduced sales. The company swung to a loss, driven largely by $412.1 million in non-cash impairment charg…
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