NEW YORK, NY / ACCESS Newswire / May 7, 2025 / Levi & Korsinsky notifies investors that it has commenced an investigation of Cable One, Inc. ("Cable One, Inc.") (NYSE:CABO) concerning possible violations of federal securities laws.
On May 2, 2025, Cable One missed earnings expectations by nearly $8 and suspended its dividend. Analysts at Keybanc called the results "extremely dissapointing" and questioned the credibility of Cable One's management. Raymond James also criticized Cable One's management, claiming that "The results for Q1 were worse than expected, yet management was adamant they will see growth in both broadband top line revenue and subscribers for the year." Cable One's announcement contrasts with their prior messaging, which emphasized confidence in growth across multiple of the company's segments.
Following this news, shares of Cable One, Inc. fell over 40% in intraday trading on the same day. To obtain additional information, go to:
https://zlk.com/pslra-1/cable-one-inc-lawsuit-submission-form?prid=147417&wire=1
or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212)363-7500.
WHY LEVI & KORSINSKY: Over the past 20 years, Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States. Attorney Advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
jlevi@levikorsinsky.com
Tel: (212)363-7500
Fax: (212)363-7171
https://zlk.com/
SOURCE: Levi & Korsinsky, LLP
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