Cable One Shares Fall After Co. Signals Higher Subscriber Losses, Financing Change

Dow Jones07-09

Cable One shares fell Thursday after the broadband provider said it expects subscriber losses and is considering a financing change.

Shares were recently down 12% to $35.87.

Cable One said it expects second-quarter revenue of $346 million to $352 million and capital expenditures of $72 million to $76 million. It also expects second-quarter residential data subscriber losses of 16,000 to 18,000.

The company said it is considering not completing its previously announced Mega Broadband Investments term loan exchange offer and instead leaving MBI's senior secured term loans in place following its acquisition of the remaining equity interests in the business.

(END) Dow Jones Newswires

July 09, 2026 11:11 ET (15:11 GMT)

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