NYSE$CABO
Cable One Inc. · Q1 2024 earnings
Q1 2024 earnings · · Investor relations
Briefing
Cable One's financial performance for Q1 2024 was reported, noting a sequential growth in residential data customers and a decrease in overall revenues and net income.
Cable One reported a decrease in revenue and net income for Q1 2024 compared to the same period last year. However, the company saw sequential growth in residential data customers. The company's revenues totaled $404.3 million, and net income was $47.3 million.
- Residential data PSUs grew sequentially by 6,900, or 0.7%, from Q4 2023.
- Business data PSUs grew sequentially by 300, or 0.3%, from Q4 2023.
- Net income decreased to $47.3 million compared to $57.4 million in Q1 2023.
- Total revenues decreased to $404.3 million compared to $421.9 million in Q1 2023.
Headline financials
Revenue & EPS history
Cable One · Revenue · Quarterly
$404M
Revenue by segment
Cable One · $345M total across 4 segments · Q3 2023
- Residential Data$247M+3.9%71.8%
- Residential Video$62.3M-20.5%18.1%
- Other$26M+202.1%7.5%
- Residential Voice$9.08M-27.4%2.6%
Forward guidance
This communication may contain “forward-looking statements” that involve risks and uncertainties. These statements can be identified by the fact that they do not relate strictly to historical or current facts, but rather are based on current expectations, estimates, assumptions and projections about the Company’s industry, business, strategy, acquisitions and strategic investments, market expansion plans, dividend policy, capital allocation, financing strategy, financial results and financial condition.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2024
-0.8%
Avg return
Earnings day
-2.2%
Avg return
5 days after
-2.3%
Avg return
30 days after
56%
27 / 48 earnings
Positive
+8.3%
Q3 2023
Best reaction
-42.5%
Q1 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +1.6% | -29.7% | -41.5% | |
| Q4 2025 | +6.0% | +27.0% | +4.7% | |
| Q3 2025 | -1.8% | -14.4% | -4.6% | |
| Q1 2025 | -42.5% | -33.4% | -44.1% | |
| Q3 2024 | -3.6% | -3.6% | +1.0% | |
| Q2 2024 | -4.6% | -3.6% | -14.7% | |
| Q1 2024 | -4.6% | -0.9% | -2.7% | |
| Q4 2023 | -7.3% | -6.3% | -9.1% | |
| Q3 2023 | +8.3% | +10.1% | -1.3% | |
| Q2 2023 | -8.4% | -6.5% | -14.0% | |
| Q1 2023 | -3.6% | -5.6% | -13.7% | |
| Q4 2022 | -5.8% | -5.8% | -8.4% | |
| Q3 2022 | -16.0% | -19.9% | -9.6% | |
| Q2 2022 | -4.2% | -7.9% | -21.3% | |
| Q1 2022 | -1.1% | -3.3% | +13.1% | |
| Q4 2021 | +3.1% | +2.2% | +7.9% | |
| Q3 2021 | +1.2% | +3.1% | +3.9% | |
| Q2 2021 | +1.3% | +3.6% | +2.4% | |
| Q1 2021 | +3.4% | +2.4% | +4.5% | |
| Q4 2020 | -4.8% | -9.5% | -10.4% | |
| Q3 2020 | +1.9% | -0.8% | +11.0% | |
| Q2 2020 | +4.1% | +1.6% | +0.4% | |
| Q1 2020 | +2.6% | -0.5% | -2.3% | |
| Q4 2019 | -1.7% | +0.7% | -8.3% | |
| Q3 2019 | +6.1% | +11.1% | +14.0% | |
| Q2 2019 | +3.4% | +3.1% | +7.7% | |
| Q1 2019 | -0.1% | +1.4% | +8.4% | |
| Q4 2018 | -1.1% | -0.9% | +2.2% | |
| Q3 2018 | -2.9% | -2.6% | -3.2% | |
| Q2 2018 | +3.3% | +3.9% | +13.5% | |
| Q1 2018 | +8.0% | +10.7% | +10.1% | |
| Q4 2017 | +0.1% | +1.7% | +0.9% | |
| Q3 2017 | +0.2% | -3.1% | -2.2% | |
| Q2 2017 | -1.8% | -3.3% | -2.8% | |
| Q1 2017 | +0.5% | -1.6% | +8.7% | |
| Q4 2016 | -1.6% | -3.8% | -2.9% | |
| Q3 2016 | -0.4% | +0.1% | +5.7% | |
| Q2 2016 | +1.9% | +1.7% | +9.1% | |
| Q1 2015 | +5.2% | — | — | |
| Q1 2016 | +3.8% | — | — | |
| Q4 2013 | +0.8% | — | — | |
| Q1 2014 | +0.8% | — | — | |
| Q4 2015 | +5.1% | — | — | |
| Q3 2014 | +0.2% | — | — | |
| Q3 2015 | -0.6% | — | — | |
| Q4 2014 | +3.6% | — | — | |
| Q2 2014 | +3.6% | — | — | |
| Q2 2015 | +0.1% | — | — |
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