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Charter Communications Q2 Sees Subscriber Loss On ACP Expiry, Still Beats Expectations (UPDATED)
Editor’s Note: The title has been updated to correct the typo
Charter Communications Inc (NASDAQ:CHTR) reported fiscal second-quarter 2024 revenue growth of 0.2% year-on-year to $13.69 billion, beating the analyst consensus estimate of $13.59 billion.
EPS of $8.49 beat the analyst consensus estimate of $7.95. The stock price gained after the results.
Revenue growth of 1.3% in Internet, 36.9% in Mobile service, and 2.1% in Commercial aided the top line.
Charter lost 154,000 residential Internet customers, largely driven by the end of the ...