Cable One: 2Q Earnings Snapshot

August 9, 2018

PHOENIX (AP) _ Cable One Inc. (CABO) on Thursday reported second-quarter profit of $43.8 million.

On a per-share basis, the Phoenix-based company said it had profit of $7.65.

The results missed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $7.97 per share.

The telecommunications company posted revenue of $268.4 million in the period, which topped Street forecasts. Five analysts surveyed by Zacks expected $266 million.

Cable One shares have risen almost 7 percent since the beginning of the year. The stock has climbed slightly in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CABO at https://www.zacks.com/ap/CABO

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