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Jun 30, 2022
Cable One Q2 2022 Earnings Report
Cable One's financial performance decreased due to lower net income, but revenue and Adjusted EBITDA increased.
Key Takeaways
Cable One reported an increase in total revenue and Adjusted EBITDA, driven by residential data and business services. However, net income decreased due to a higher income tax provision and other factors.
Total revenues increased by 6.8% to $429.1 million compared to the second quarter of 2021.
Net income decreased by 34.8% year-over-year to $69.2 million.
Adjusted EBITDA increased by 6.7% year-over-year to $227.5 million.
Residential data PSUs grew by approximately 41,000, or 4.4%, year-over-year.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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