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Charter (CHTR) Q2 Earnings Beat, Internet Revenues Rise Y/Y
CHTRCharter Communications(CHTR) ZACKS·2024-07-26 15:56

Free cash flow totaled 1.29billion,whichincreasedsignificantlyfrom1.29 billion, which increased significantly from 668 million reported in the second quarter of 2023. The year-over-year increase in free cash flow was primarily due to higher adjusted EBITDA, a more favorable change in working capital and lower cash taxes due to timing. Sales and marketing expenses increased 17million,or1.917 million, or 1.9%, year over year, primarily due to higher marketing costs. As of Jun 30, 2024, total principal amount of debt was 96.5 billion and Charter's credit faciliti ...