Cable One (CABO) reports $1.16 billion loss in Q2

CABO Cable One Inc

$4.43 +3.02%

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1. 1Cable One (CABO) reported a $1.16 billion loss in the second quarter on Thursday.
2. 2The loss came to $204.35 per share, or an adjusted loss of $17.60 per share, while revenue of $348.9 million exceeded expectations of $347.8 million.
3. 3The stock has fallen 61% since the start of the year and closed at $44.48 on Thursday, down 67% over the past year.

Source Associated Press +1 · View original ↗

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