Why Cable One (CABO) Shares Are Trading Lower Today
Shares of internet, cable TV, and phone provider Cable One (NYSE:CABO) fell 36.7% in the morning session after the company reported weak first quarter 2025 results: Its number of residential data subscribers missed along with its revenue, EPS, and EBITDA. Sales fell nearly 6% from the same quarter last year, dragged by a 4.5% drop in residential data revenue and a nearly 16% plunge in residential video revenue, as Cable One neared the end of its legacy video product phase. Also, management suspe