PHOENIX (AP) — PHOENIX (AP) — Cable One Inc. (CABO) on Thursday reported first-quarter earnings of $47.3 million.
The Phoenix-based company said it had net income of $8.11 per share.
The telecommunications company posted revenue of $404.3 million in the period.
Cable One shares have decreased 29% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $395.98, a decline of 45% in the last 12 months.
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