Cable One Q2 FY26 net loss widens to $1.16 billion; revenue falls 8.4% to $348.93 million
Reuters2026/08/06 21:14Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Cable One posted a GAAP net loss of $1.16 billion, worsening from a $438 million loss a year earlier.
- GAAP revenue fell 8.4% to $348.9 million, led by a $9.7 million drop in residential video revenue.
- GAAP operating loss widened to $524.9 million as non-cash asset impairments climbed to $597.7 million.
- Non-GAAP adjusted EBITDA slipped 14.6% to $173.5 million; operating cash flow declined 16.6% to $120.9 million.
- CEO Jim Holanda said the company sees “meaningful” potential to improve operating performance and drive long-term value creation.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cable ONE Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202608061615BIZWIRE_USPR_____20260806_BW459754) on August 06, 2026, and is solely responsible for the information contained therein.
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