PHOENIX--(BUSINESS WIRE)--Cable One, Inc. (NYSE: CABO) (the "Company†or "Cable One†) today announced that it has granted equity awards to James A. Holanda as a material inducement to Mr. Holanda's acceptance of employment with the Company as its Chief Executive Officer. The equity awards are consistent with the previously disclosed terms of Mr. Holanda's offer letter and were approved by the Board of Directors (the "Board†) and the Compensation and Talent Management Committee of the Board in reliance on ...

Shenandoah Q4 2025 Earnings Call: Complete Transcriptby Benzinga Insights Benzinga Staff WriterFollowOn Thursday, Shenandoah (NASDAQ:SHEN) discussed fourth-quarter financial results during its earnings call. The full transcript is provided below.This content is powered by Benzinga APIs. For comprehensive financial data and transcripts, visit https://www.benzinga.com/apis/.Access the full call at https://edge.media-server.com/mmc/p/9gvqeu6y/Full TranscriptLizThank you for standing by. My name is Liz and I'll ...

Shenandoah Telecommunications Company (NasdaqGS:SHEN) Q4 2025 Earnings call February 26, 2026 08:30 AM ET Company ParticipantsEd McKay - President and CEOHamed Khorsand - PrincipalJim Volk - SVP and CFOLucas Binder - Vice President of Corporate FinanceVikash Harlalka - Director on U.S. Communication ServicesOperatorThank you for standing by. My name is Liz, and I'll be your conference operator today. At this time, I'd like to welcome everyone to the Shenandoah Telecommunications Company Fourth Quarter 2025 ...

Shenandoah Telecommunications Company (NasdaqGS:SHEN) Q4 2025 Earnings call February 26, 2026 08:30 AM ET Company ParticipantsEd McKay - President and CEOHamed Khorsand - PrincipalJim Volk - SVP and CFOLucas Binder - Vice President of Corporate FinanceVikash Harlalka - Director on U.S. Communication ServicesOperatorThank you for standing by. My name is Liz, and I'll be your conference operator today. At this time, I'd like to welcome everyone to the Shenandoah Telecommunications Company fourth quarter 2025 ...

Comcast Corporation (NASDAQ:CMCSA) is included among the Goldman Sachs Dividend Stocks: Top 14 Stock Picks. Comcast (CMCSA) Faces Downgrade from BNP Paribas as Fiber Headwinds Grow Jonathan Weiss / Shutterstock.com On February 24, BNP Paribas analyst Sam McHugh downgraded Comcast Corporation (NASDAQ:CMCSA) to Underperform from Neutral. He also lowered the price target to $27 from $28. The analyst said Comcast looks “most exposed” to incremental fiber headwinds. He added that the firm’s fiber research ha ...

Core Viewpoint - The company is transitioning to a pure-play broadband model through the pending $145 million sale of its Video business to MediaKind, aiming to simplify operations and focus on high-growth infrastructure opportunities [1] Group 1: Financial Performance - Record quarterly bookings reached $346.9 million, driven by multiyear contracts and significant international diversification, resulting in a 3.5 book-to-bill ratio [1] - Revenue from the Rest-of-World segment grew 33% year-over-year, now accounting for 41% of total broadband revenue, indicating reduced reliance on the two largest North American accounts [1] Group 2: Technological Advancements - The transition to Unified DOCSIS 4.0 has reached a commercial inflection point, moving from field trials to scale deployments with initial node shipments ramping this quarter [1] - Fiber solutions are rapidly scaling through an 'open ONT' strategy, which lowers total cost of ownership for operators, highlighted by a multiyear expansion with Mexico's largest MSO, izzi [1] Group 3: Strategic Focus - Management is shifting focus toward an 'intelligence-driven' software layer, utilizing virtualized platform data to provide AI-enabled operational tools that reduce operator churn and truck rolls [1] - Competitive differentiation is now characterized as 'structural' rather than incremental, supported by a decade of production maturity and a platform serving over 41 million devices [1]

Harmonic (NasdaqGS:HLIT) Q4 2025 Earnings call February 19, 2026 05:00 PM ET Company ParticipantsDavid Hanover - Investor Relations OfficerNimrod Ben-Natan - President and CEOTaran Katta - Equity Research AssociateWalter Jankovic - CFOConference Call ParticipantsRyan Koontz - Managing Director and Equity Research AnalystSimon Leopold - Managing Director and Senior Equity AnalystSteven Frankel - Director of Research and Senior Research AnalystOperatorWelcome to the fourth quarter and full year 2025 Harmonic ...

Financial Data and Key Metrics Changes - The total company revenue for Q4 2025 was $157.3 million, with EPS at $0.14 and adjusted EBITDA at $23.8 million, all exceeding Q4 guidance [20] - For continuing operations, Q4 Broadband revenue was $98.2 million, above the guidance range of $85 million to $95 million, with adjusted EBITDA of $12.1 million and EPS of $0.06 [21] - The total company net revenue for the fiscal year 2025 was $570.8 million, with a gross margin of 55.8%, adjusted EBITDA of $83.8 million, and EPS of $0.47 [22] Business Line Data and Key Metrics Changes - Broadband revenue for Q4 was $98.2 million, reflecting a 9% sequential growth and record quarterly bookings of $346.9 million, resulting in a 3.5 book-to-bill ratio [5][20] - The Video business, now classified as discontinued operations, exceeded expectations in Q4 in terms of revenue and profitability, with a planned sale to MediaKind for approximately $145 million [7] - Rest of World revenue grew 33% year-over-year in Q4, now representing 41% of total Broadband revenue, indicating a significant shift in revenue mix [8][21] Market Data and Key Metrics Changes - The cable serviceable addressable market is projected to grow from approximately $510 million in 2025 to over $1.1 billion by 2030, driven by increased data consumption and network modernization [15] - The addressable market for fiber exceeds $2.6 billion, with Harmonic's share growing, indicating substantial opportunities in this segment [16] Company Strategy and Development Direction - The company is transitioning to a pure-play broadband leader, focusing on expanding market leadership in DOCSIS and fiber, increasing customer diversification, and driving software and cloud differentiation [17][18] - The sale of the Video business is expected to simplify operations and enhance the balance sheet, allowing for investments in organic growth and strategic M&A [18][26] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the long-term growth trajectory, citing strong bookings and backlog growth as indicators of future revenue resilience [34] - The transition to DOCSIS 4.0 is seen as a significant opportunity, with expectations for accelerated growth as deployments ramp up [34] Other Important Information - The company ended the year with $124.1 million in cash and cash equivalents, demonstrating strong liquidity to support capital allocation priorities [23][26] - Free cash flow for the fourth quarter was $9.6 million, with a total of $97 million for the full year, reflecting strong profitability [24] Q&A Session Summary Question: Customer mix for full year 2026 - Management indicated that while Rest of World customers showed significant growth, the percentage of revenue from these customers may fluctuate based on larger customer spending [39] Question: Impact of memory pricing on gross margins - Management confirmed a net impact of approximately $6 million from memory pricing, with committed orders in place for 2026 [41][42] Question: Bookings composition in Q4 - Bookings were strong across both larger customers and Rest of World, with multi-year contracts contributing to the backlog [61] Question: SaaS and service revenue breakdown - The majority of the $58 million in 2025 SaaS and service revenue came from SLA contracts, with a focus on growing intelligence tools for customers [77][80]

Financial Data and Key Metrics Changes - The total company revenue for Q4 2025 was $157.3 million, with EPS of $0.14 and adjusted EBITDA of $23.8 million, all exceeding Q4 guidance [20] - For continuing operations, Q4 broadband revenue was $98.2 million, above the guidance range of $85 million to $95 million, with adjusted EBITDA of $12.1 million and EPS of $0.06 [21] - The total company net revenue for the full year 2025 was $570.8 million, with a gross margin of 55.8%, adjusted EBITDA of $83.8 million, and EPS of $0.47 [22] Business Line Data and Key Metrics Changes - Broadband revenue for Q4 was $98.2 million, reflecting a 9% sequential growth and record quarterly bookings of $346.9 million, resulting in a 3.5 book-to-bill ratio [5][20] - The video business, now classified as discontinued operations, exceeded expectations in Q4 in terms of revenue and profitability, with a planned sale to MediaKind for approximately $145 million [6] - Rest-of-world revenue grew 33% year-over-year in Q4, now representing 41% of total broadband revenue, indicating a shift in revenue mix and diversification efforts [7][21] Market Data and Key Metrics Changes - The cable serviceable addressable market is expected to grow from approximately $510 million in 2025 to over $1.1 billion by 2030, driven by increased data consumption and network modernization [14] - The addressable market for fiber exceeds $2.6 billion, with Harmonic's share growing, indicating significant opportunities in this segment [15] Company Strategy and Development Direction - The company is transitioning to a pure-play broadband leader following the sale of its video business, focusing on broadband infrastructure and simplifying its operating model [4][17] - The long-term strategy includes expanding market leadership in DOCSIS, increasing customer diversification, driving software and cloud differentiation, and maintaining operational discipline [16] - The company aims for sustained rest-of-world growth of 30% or more annually, expanding beyond its largest North American customers [16] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the long-term growth trajectory as DOCSIS 4.0 and fiber deployment scale through 2026 and beyond, supported by strong demand and cash generation [34] - The company anticipates significant full-year broadband revenue growth in 2026, driven by strong bookings and backlog [20][24] Other Important Information - The company ended the year with a strong balance sheet, including $124.1 million in cash and cash equivalents, and a significant capital infusion expected from the video business sale [23][26] - The company has a $200 million share repurchase program, with $101 million already repurchased, indicating a commitment to returning capital to shareholders [28] Q&A Session Summary Question: Customer mix for full year 2026 - Management indicated that while rest-of-world customers showed strong growth, the percentage of revenue from these customers may fluctuate based on larger customer spending [39][40] Question: Gross margin expectations and memory costs - Management confirmed an estimated $6 million impact from memory pricing, with a focus on maintaining margin guidance despite potential headwinds [41][42][43] Question: Bookings composition in Q4 - Management noted that bookings were strong across both larger customers and rest-of-world, with multi-year contracts contributing to the backlog [61][76] Question: SaaS and service revenue breakdown - The majority of the $58 million in SaaS revenue was from SLA contracts, with a focus on growing intelligence and tools for customers [78][80]

1 FORWARD-LOOKING STATEMENTS EARNINGS CONFERENCE CALL FOURTH QUARTER 2025 Nimrod Ben-Natan, President & CEO Walter Jankovic, CFO February 19, 2026 1 During the course of this presentation, we will focus only on continued operations unless otherwise stated. Our Video business is now classified as discontinued operations. We will provide projections and other forward-looking statements regarding future events or the future financial performance of Harmonic, including expectations concerning our business and b ...