PHOENIX (AP) — PHOENIX (AP) — Cable One Inc. (CABO) on Thursday reported third-quarter profit of $44.2 million.
On a per-share basis, the Phoenix-based company said it had profit of $7.58. Earnings, adjusted for non-recurring costs, were $7.92 per share.
The telecommunications company posted revenue of $393.6 million in the period.
Cable One shares have declined 31% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $384.78, a fall of 36% in the last 12 months.
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