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CABO
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173 days

Cable One Reports Fourth Quarter and Full Year 2024 Results

1. Cable One reported a substantial revenue decline of 6% YoY. 2. Net income turned to a loss of over $105 million in 2024.

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$266.6502/27 04:34 PM EDTEvent Start

$260.1802/28 10:44 PM EDTLatest Updated
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FAQ

Why Very Bearish?

The significant revenue drop and net loss indicate serious financial distress, likely affecting stock price negatively. Historical examples show similar patterns where sharp declines in profit margins correlate with stock downturns.

How important is it?

The drastic financial downturn is highly relevant to investors and stakeholders in CABO, likely leading to strategic shifts.

Why Short Term?

Immediate market reactions to poor earnings often manifest within days, affecting investor confidence.

Related Companies

PHOENIX--(BUSINESS WIRE)--Cable One, Inc. (NYSE: CABO) (the “Company” or “Cable One”) today reported financial and operating results for the quarter and year ended December 31, 2024.     Three Months Ended December 31,         (dollars in thousands)   2024   2023   $ Change   % Change Revenues   $ 387,213     $ 411,815     $ (24,602 )   (6.0 )% Net income (loss)   $ (105,238 )   $ 103,496     $ (208,734 )   (201.7 )% Net profit margin     (27.2 )%     25.1 %         Cash flows from operating ac.

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