Every material Form 8-K Cable One, Inc. has filed with the SEC since October 02, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Cable One reported third quarter 2026 revenue of $332.2 million, down 11.7% from a year earlier, and a net loss of $431.8 million, compared with net income of $86.5 million in the prior-year quarter. The loss reflects $412.1 million of non-cash asset impairments, and the filing says existing liquidity will be insufficient to repay debt maturing from November 2027 onward without financing or extensions, and that Chapter 11 relief may become necessary.
Revenue was $332.2 million versus $376.0 million; residential data revenue fell 10.3% and business data fell 6.7%.
Net loss was $431.8 million, or $(75.66) per diluted share, including $412.1 million of asset impairments.
Adjusted EBITDA was $159.8 million, down 20.8% from $201.9 million; operating cash flow was $92.6 million, down 40.8%.
Gross debt was $3.55 billion at September 30, 2026, and the filing cites debt maturities starting November 12, 2027 and a possible Chapter 11 filing if financing is not obtained.
Cable One expanded its board from eight to nine seats and elected Paul Keglevic, 72, as a director effective immediately. He was also named to a special committee evaluating strategic alternatives, which signals the board is working through a strategic review.
Board increased from eight to nine directors; Paul Keglevic, 72, elected effective October 30, 2026
Keglevic to receive a monthly cash fee of $40,000, plus $7,500 per diem for extra duties
Keglevic named to a special committee of the Board established to evaluate strategic alternatives
Previously CEO of Energy Future Holdings Corp. (2016-2018) and former audit partner at PricewaterhouseCoopers LLP
Cable One agreed with Mega Broadband Investments and GTCR affiliates to push the previously anticipated October 1, 2026 closing of the MBI Purchase to October 9, 2026, or an earlier date if mutually agreed. The company also said talks with potential investors about a financing tied to the MBI Purchase have concluded, so the filing does not add new financial results or deal terms for shareholders to weigh.
Previously anticipated MBI Purchase closing date was October 1, 2026; new date is October 9, 2026, or earlier if mutually agreed.
The MBI Purchase covers the equity interests in MBI that Cable One does not already own, under a Purchase Agreement dated January 3, 2026.
Put Option on remaining MBI equity was exercised January 2, 2026; the filing gives no Put Price amount.
Discussions with potential financing investors tied to the MBI Purchase have concluded.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Cable One, Inc. filing is on SEC EDGAR ↗. 8-K briefs of other companies →