Cable One, Inc. Provides Earnings Guidance for the First Quarter Ended March 31, 2021
April 28, 2021 at 04:15 pm EDT
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Cable One, Inc. provided earnings guidance for the first quarter ended March 31, 2021. For the quarter, the Company expects revenues to be in the range of $335 million to $341 million. The Company expects net income to be in the range of $65 million to $69 million.
Cable One, Inc. is a broadband communications provider. The Company provides residential customers with an array of connectivity and entertainment services, including Gigabit speeds, advanced wireless fidelity (Wi-Fi), and video. It provides services that are similar to those provided by cable companies, telephone companies and fiber providers, among others. Its three primary product lines include residential data, residential video and business services. Its broadband plant generally consists of a fiber-to-the-premises or hybrid fiber-coaxial (HFC) network with ample unused capacity. It offers Sparklight TV, an Internet protocol-based (IPTV) video service that allows customers with its Sparklight TV app to stream its video channels from the cloud. Its customers are located in seven states: Arizona, Idaho, Mississippi, Missouri, Oklahoma, South Carolina and Texas. It provides services to more than 1.1 million residential and business customers out of approximately 2.8 million homes.
CABLE ONE, INC. 
