Cable One, Inc. (CABO) Q3 2024 Earnings Call Transcript

Cable One, Inc. (NYSE:CABO) Q3 2024 Earnings Conference Call November 7, 2024 5:00 PM ET

Company Participants

Jordan Morkert – Vice President-Investor Relations
Julia Laulis – Chair of the Board, President and CEO
Todd Koetje – Chief Financial Officer

Conference Call Participants

Sebastiano Petti – J.P. Morgan
Craig Moffett – MoffettNathanson
Sam McHugh – BNP Paribas
Greg Williams – TD Cowen
Steven Cahall – Wells Fargo

Operator

Hello, and welcome to the Cable One, Inc. Q3 2024 Earnings Call. All participants are in listen-only mode at this time. Later, we will conduct a question-and-answer session. [Operator Instructions] As a reminder, this conference is being recorded.

At this time, I would like to turn the conference over to Jordan Morkert, Vice President of Investor Relations. Please go ahead.

Jordan Morkert

Good afternoon, and welcome to Cable One’s Third Quarter 2024 Earnings Call. We’re glad to have you join us as we review our results. Before we proceed, I would like to remind you that today’s discussion contains forward-looking statements relating to future events that involve risks and uncertainties, including statements regarding future broadband revenue and customer growth, customer losses due to the end of the affordable connectivity program, future ARPU, future levels of wired competition, growth in carrier, wholesale and enterprise market segments, the future capabilities of our network anticipated benefits from AI, the timing and anticipated benefits of our new billing system implementation, capital expenditures, purchase price payable if the MBI put option is exercised in the anticipated timeline to consummate such transaction, our ability and sources of capital to fund the MBI put price and our future financial performance, capital allocation, dividend policy, leverage ratios and financing plans.

You can find factors that could cause Cable One’s actual results to differ materially from the forward-looking statements discussed during today’s