Cable One, Inc.

Cable One disclosed preliminary estimated financial and operating results for Q2 2026, projecting revenues between $346.0 million and $352.0 million and capital expenditures of $72.0 million to $76.0 million. The company expects net residential data subscriber losses of 16,000 to 18,000. Additionally, Cable One is considering not proceeding with the MBI Term Loan Exchange Offer, opting to leave MBI's senior secured term loans in place without new credit support after acquiring the remaining equity.

Cable One, Inc. announced the expiration and results of its MBI Term Loan Exchange Offer. As of June 23, 2026, MBI Lenders holding approximately 34.0% of all outstanding MBI Term Loans had submitted irrevocable acceptances. The company retains the right, at its sole discretion, not to complete the exchange offer.

Cable One, Inc. announced an interim participation update for its MBI Term Loan Exchange Offer. As of June 22, 2026, MBI Lenders holding approximately 33.4% of all outstanding MBI Term Loans have submitted irrevocable acceptances. The offer, which provides different compensation structures based on participation order, is set to expire on June 23, 2026.

Cable One, Inc. has initiated an offer to exchange outstanding senior secured term loans of Mega Broadband Investments Holdings LLC (MBI Term Loans). The offer allows MBI Lenders to exchange their existing loans for a combination of cash, new first lien "first out" term loans (New FLFO Term Loans), and new first lien "second out" term loans (New FLSO Term Loans) issued by Cable One. The specific consideration received will depend on the level and timing of lender participation, with early participants potentially receiving more cash and FLFO loans. The new Cable One term loans are expected to be secured by substantially all of the company's assets.

Sparklight, a subsidiary of Cable One, Inc., announced it has awarded over $125,000 in grants to 28 nonprofit organizations through its Charitable Giving Fund. These grants support initiatives in education, digital literacy, food insecurity, and community development across Sparklight's service areas. Since its inception in 2020, the fund has distributed more than $1.3 million to over 300 organizations, demonstrating a continued commitment to strengthening local communities.

Sparklight, a Cable One brand, has invested nearly $1 billion over the past three years to expand and enhance its fiber-rich network across its 24-state footprint. This investment has enabled Gigabit internet service across all markets and Multi-Gig speeds in over half its service areas, supporting long-term growth and economic development. The company also continues to advance its 10G technology roadmap and offers new services like Intelligent whole-home Wi-Fi and Sparklight Mobile.

Cable One, Inc. announced the consummation of the Clearwave Fiber Merger and the Point Rollover on May 4, 2026. As part of the transaction, Cable One contributed its equity interests in Clearwave Fiber LLC, a former joint venture, to Point Broadband Holdings, LLC in exchange for equity interests in Point Holdings. The company estimates the preliminary book value of its equity interests in Point Holdings to be approximately $120 million, though this figure is subject to finalization and review.

Cable One, Inc. reported a significant increase in net income and EPS for Q1 2026, despite a decline in total revenues. The company's net income rose to $35.8 million, with diluted EPS reaching $6.12. This improvement was partly driven by a gain on the sale of fiber-to-the-tower contract rights and reduced equity method investment losses. Additionally, Cable One is proceeding with the acquisition of the remaining equity interests in MBI, expected to close in Q4 2026, and plans to divest its Clearwave Fiber equity.

Cable One, Inc. reported mixed financial results for the first quarter of 2026. While net income surged to $35.8 million from $2.6 million in the prior year, primarily due to a gain on the sale of fiber-to-the-tower contract rights and lower equity investment losses, total revenues decreased by 7.3% to $353.0 million. Adjusted EBITDA also saw a decline of 9.6% to $183.3 million. The company utilized proceeds from the $42.0 million fiber-to-the-tower contract sale to accelerate debt repayment, reducing its debt balance to $3.12 billion.

Cable One, Inc. announced that Kenneth E. Johnson will transition from his role as Chief Operating Officer effective May 1, 2026. He will then serve as a Senior Advisor to the company until his employment officially ends on January 3, 2027. His separation will be treated as a "Qualifying Event" under the company's 2025 Executive Severance Plan and as a "Retirement" for his phantom restricted stock unit grants.