Broadband service provider Charter Communications Inc (NASDAQ: CHTR) has reported financial results for the second quarter of 2023.
- Second quarter revenue increased by 0.5% year-over-year to $13.7 billion; residential revenue dropped 0.3%, other revenue rose by 29%, and commercial revenue moved up 1.4%
- Total residential and small and medium business Internet customers increased by 77,000, taking the total to 30.6 million
- Total residential and SMB mobile lines increased by 648,000 during the quarter; Charter now serves 6.6 million mobile lines.
- Net income attributable to Charter shareholders totaled $1.2 billion in the second quarter
- Second-quarter adjusted EBITDA was $5.5 billion, which is up 0.2% from last year
- Net cash flows from operating activities totaled $3.3 billion in Q2, compared to $3.7 billion in the prior year
_________________________________________________________________________________________________________________
Stocks you may like:
International Business Machines Corp. (IBM) Stock
_________________________________________________________________________________________________________________
Most Popular
CVX Earnings: Chevron reports lower revenue and profit for Q1 2024
Energy exploration company Chevron Corporation (NYSE: CVX) announced first-quarter 2024 financial results, reporting a decline in net profit and revenues. Net income attributable to Chevron Corporation was $5.50 billion or
ABBV Earnings: AbbVie reports lower adj. profit for Q1 2024; revenue edges up
Specialty biopharmaceutical company AbbVie, Inc. (NYSE: ABBV) Friday announced first-quarter 2024 financial results, reporting a decline in adjusted earnings and a modest rise in revenues. The company reported worldwide net
CL Earnings: Key quarterly highlights from Colgate-Palmolive’s Q1 2024 financial results
Colgate-Palmolive Company (NYSE: CL) reported first quarter 2024 earnings results today. Net sales increased 6.2% year-over-year to $5.06 billion. Organic sales increased 9.8%. Net income attributable to Colgate-Palmolive Company was