Join Candorium to access the full article and more
PHOENIX (AP) — PHOENIX (AP) — Cable One Inc. (CABO) on Thursday reported second-quarter profit of $47.6 million.
The Phoenix-based company said it had net income of $8.16 per share.
The telecommunications company posted revenue of $394.5 million in the period.
Cable One shares have dropped 27% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $404.56, a decline of 43% in the last 12 months.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CABO at https://www.zacks.com/ap/CABO