Cable ONE, Inc ( (CABO) ) has released its Q2 earnings. Here is a breakdown of the information Cable ONE, Inc presented to its investors.
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Cable One, Inc., a prominent broadband communications provider, offers services to over a million residential and business customers across 24 states, focusing on innovation and reliability. In its second quarter of 2025 earnings report, Cable One reported a decline in revenues to $381.1 million, down 3.4% from the previous year, primarily due to a decrease in residential video revenues. The company also faced a significant net loss of $438 million, largely attributed to non-cash asset impairment charges. Despite these challenges, Cable One saw a modest increase in residential data revenue on a sequential quarterly basis and continued growth in its business data segment. The company repaid $70.8 million of debt, maintaining a strong liquidity position with $1.02 billion of committed excess liquidity. Looking ahead, Cable One remains focused on enhancing customer response and operational performance through simplified pricing and value-enhancing offerings, aiming for a stronger financial outlook in the future.