Cable One, Inc. (NYSE:CABO) Q1 2024 Earnings Conference Call May 2, 2024 5:00 PM ET
Company Participants
Jordan Morkert – Vice President-Investor Relations
Julia Laulis – Chief Executive Officer
Todd Koetje – Chief Financial Officer
Conference Call Participants
Sebastiano Petti – J.P. Morgan
Brandon Nispel – KeyBanc Capital Markets
Greg Williams – TD Cowen
Frank Louthan – Raymond James
Steven Cahall – Wells Fargo
Kohulan Paramaguru – BNP Paribas
Operator
Hello, and thank you for standing by. My name is Regina, and I will be your conference operator today. At this time, I would like to welcome everyone to the Cable One First Quarter 2024 Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers’ remarks, there will be a question-and-answer session. [Operator Instructions]
I would now like to turn the conference over to Vice President of Investor Relations, Jordan Morkert. Please go ahead.
Jordan Morkert
Good afternoon, and welcome to Cable One’s first quarter 2024 earnings call. We’re glad to have you join us as we review our results. Before we proceed, I would like to remind you that today’s discussion contains forward-looking statements relating to future events that involve risks and uncertainties, including statements regarding future customer growth changes in ARPU, financial performance, capital allocation, dividend policy, leverage ratios and financing plans.
You can find factors that could cause Cable One’s actual results to differ materially from the forward-looking statements discussed during today’s call and today’s earnings release and in our SEC filings, including our annual report on Form 10-K. Cable One is under no obligation and expressly disclaims any obligation, except as required by law, to update or alter its forward-looking statements, whether as a result of new information, future events or otherwise.
Additionally, today’s remarks will include a discussion of certain financial measures that are not presented in conformity with U.S. generally accepted accounting principles or GAAP. When we refer to free cash flow during today’s call, we mean adjusted EBITDA less capital expenditures as defined in our earnings release. Reconciliations of non-GAAP financial measures discussed on this call to the most directly comparable GAAP measures can be found in our earnings release on our website at ir.cableone.net.
Joining me on today’s call is our President and CEO, Julie [ph] Laulis; and Todd Koetje, our CFO. With that, let me turn the call over to Julie.
Julia Laulis