Cibl Q1 Revenue Rises On One: time project

CIBL

04/05/2026 21:31

Overview

US broadband operator's Q1 revenue rose 20% yr/yr, driven by a one-time project

Q1 net income and EPS fell yr/yr due to lower other income

Company repurchased 357 shares and expanded its buyback authorization

Outlook

Company did not provide specific guidance for future quarters or the full year

Result Drivers

ONE-TIME PROJECT - Revenue growth was driven by increased service revenues, primarily due to a one-time project

LOWER OTHER INCOME - Net income was negatively affected by realized and unrealized losses on available-for-sale securities and lower yields on U.S. Treasuries

Company press release: ID:nBw1TdvQJa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
$632,000
Q1 Net Income
$43,000
Q1 Operating Expenses
$740,000
Q1 Operating Income
-$108,000
Q1 Pretax Profit
$58,000


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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)