Cable One, Inc. reported its second-quarter 2024 financial results, with total revenue reaching US$394.5 million. This figure represents a 7.0% decrease compared to the second quarter of 2023.
The company's earnings per share (EPS) for the quarter missed analysts' consensus estimates. This indicates a weaker-than-anticipated financial performance for the period.
The decline in revenue and the EPS miss highlight ongoing challenges for Cable One in the current market environment. Investors will monitor future reports for signs of stabilization or recovery in key financial metrics.
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