Cable One reports Q2 EPS ($77.70) vs $6.58 last year

Reports Q2 revenue $381.072M, consensus $379.7M. “While our broadband customer results didn’t meet our expectations in the quarter, we are encouraged that residential data revenue increased modestly compared to the first quarter and that we continued to see residential broadband customer connects increase sequentially month-over-month during the first half of the year,” said Julie Laulis, Cable One (CABO) President and CEO. “We believe our drive toward simplified pricing, segmented marketing campaigns and value-enhancing product and service offerings is laying the groundwork for stronger customer response and improved operating performance over time.”