Cable One reports Q1 EPS 46c vs. $6.46 last year

Reports Q1 revenue $380.6M, consensus $390.68M. “We are executing on a multi-year plan to achieve sustained profitable growth in a rapidly changing and more competitive environment,” said Julie Laulis, Cable One (CABO) President and CEO. “Although our residential data subscribers decreased during the quarter, we believe we have the right people, platforms and processes in place to build a customer acquisition engine that will drive meaningful growth over the long term.”