Cable One reports Q1 EPS $6.12, consensus $6.18

Reports Q1 revenue $353.0M, consensus $359.59M. CEO Jim Holanda said, “What’s become clear to me early on is that Cable One (CABO) has all the right building blocks in place, including a resilient business model, a high-capacity network, strong local market positions and the ability to generate meaningful cash flow. Our focus now is on sharpening execution across the business, particularly in how we go to market, retain customers and simplify our product offering, to translate these strengths into improved performance and long-term value creation.”