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Mar 31, 2021
Cable One Q1 2021 Earnings Report
Reported a 6.2% increase in total revenue, driven by residential data and business services growth. Net income saw a slight decrease of 1.1%, while adjusted EBITDA increased by 14.4%.
Key Takeaways
Cable One reported a 6.2% increase in total revenue for Q1 2021, reaching $341.3 million compared to $321.2 million in Q1 2020. This growth was primarily driven by an increase in residential data and business services revenues. Net income decreased slightly by 1.1% to $68.6 million, while adjusted EBITDA increased by 14.4% to $180.4 million.
Total revenues increased by 6.2% to $341.3 million, driven by residential data and business services growth.
Net income decreased slightly by 1.1% to $68.6 million.
Adjusted EBITDA increased by 14.4% to $180.4 million.
Residential data PSUs grew by approximately 22,000, or 2.8%, sequentially.
Revenue by Segment
Forward Guidance
No specific forward guidance was provided in the document.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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