Charter Communications (CHTR) exceeded analyst expectations in the third quarter of 2024, reporting a 1.6% year-on-year revenue increase to $13.8 billion. The strong performance was driven by growth in Internet and Mobile services, offsetting losses in residential video subscribers. The company also saw a significant improvement in free cash flow, indicating a healthy financial position.
Charter Communications (CHTR) reported mixed financial results for the first quarter of fiscal 2024, with revenue slightly above but earnings per share (EPS) below consensus estimates. The company’s revenue grew 0.2% year-over-year to $13.68 billion, missing the consensus of $13.74 billion. EPS came in at $7.55, below the consensus of $7.92. Charter’s stock price dropped after the results were released.
