Description

Cable One, Inc.: Network Investments & Multi-Gig Speeds Are Driving Our Optimism

Cable One’s Q2 2024 earnings reflected a transformative period for the company amidst evolving market challenges and the ending of the Affordable Connectivity Program (ACP). A crucial aspect highlighted was the ending of ACP, which resulted in the loss of about 4,000 customers from an approximate total of 48,000 affected customers. Despite these challenges, Cable One managed to sustain customer growth trends positively, leveraging their robust network and local market initiatives to mitigate losses. The company’s proactive strategy contributed to managing a relatively small net decline in residential broadband customers by about 200 customers if excluding those lost to ACP.

Our Report Structure:

⦁ Company Overview
⦁ Investment Thesis
⦁ Key Drivers
⦁ Historical Quarterly Statement Analysis – Income Statement & Cash Flows
⦁ Historical Quarterly Balance Sheet Analysis
⦁ Historical Annual Financial Statement Analysis
⦁ Analysis Of Key Financial Ratios
⦁ Financial Forecasts For 3 Years
⦁ Forecasting The Capital Structure & Net Debt
⦁ Discounted Cash Flow Valuation
⦁ Trading Multiples
⦁ Key Risks
⦁ Disclosures

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