Cable One Grants $10M CEO Equity Award, Posts Q4 Loss and Revenue Miss
Cable One posted a Q4 GAAP loss of $7.6 million, or $1.35 per share, missing the $7.60 estimate on $363.7 million revenue versus a $369.2 million forecast. The company granted new CEO Jim Holanda $10 million in RSUs and PSUs covering up to 169,000 shares.
1. Fourth-Quarter Results
Cable One recorded a Q4 GAAP loss of $7.6 million, or $1.35 per share, on $363.7 million in revenue, falling short of the $7.60 EPS and $369.2 million revenue estimates; full-year results showed a $356.5 million net loss.
2. Stock Performance
Shares have declined 19% since the start of the year and 65% over the last 12 months, trading near $90.90 following the earnings release.
3. CEO Equity Awards
Under NYSE Rule 303A.08, Cable One granted new CEO Jim Holanda approximately $10 million in restricted and performance stock units covering up to 169,000 shares, with vesting terms aligned to the 2026 annual grant cycle.