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Sep 30, 2021
Cable One Q3 2021 Earnings Report
Reported a revenue increase of 26.9% driven by Hargray operations, residential data, and business services. Net income decreased by 21.2% year-over-year.
Key Takeaways
Cable One reported a strong third quarter with a 26.9% increase in total revenues, driven by growth in residential data and business services, as well as the inclusion of Hargray operations. However, net income decreased by 21.2% year-over-year.
Total revenues increased by 26.9% to $430.2 million compared to Q3 2020.
Residential data and business services revenues increased by 26.0% and 44.2%, respectively.
Net income decreased by 21.2% year-over-year to $52.3 million.
Residential data primary service units (PSUs) grew by 1.4% sequentially and 19.2% year-over-year.
Revenue by Segment
Historical Earnings Impact
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