Cable One: Q4 Earnings Snapshot

PHOENIX (AP) — PHOENIX (AP) — Cable One Inc. (CABO) on Thursday reported fourth-quarter net income of $115.3 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the Phoenix-based company said it had profit of $19.39. Earnings, adjusted for non-recurring gains, came to $10.66 per share.

The telecommunications company posted revenue of $411.8 million in the period.

For the year, the company reported profit of $267.4 million, or $45.14 per share. Revenue was reported as $1.68 billion.

Cable One shares have decreased 14% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $476.06, a decline of 35% in the last 12 months.


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