
Shares of Cable One CABO.N slip almost 35.1% to all-time low of $170.2 after Q1 revenue miss
The broadband communications provider's residential video and residential data subscribers declined
Co reports revenue of $380.6 mln vs analysts' expectations of $386.9 mln - data compiled by LSEG
Posts net income of $2.6 mln, significantly lower than Wall Street estimates of $47.8 mln
Raymond James downgrades stock to "market perform" from "outperform"
"We expect ... the path to regaining credibility to be long and arduous, and as such, cannot have a constructive rating on the name" - brokerage
1 out of 7 analysts rate share as "buy", 4 "hold" and two "sell"; Median PT is $339.50 - LSEG
Of last close, CABO down 27.7% YTD