Spectrum TV And Internet Parent Charter Communications Delivers Better-Than-Expected Q4 Results

Charter Communications, which offers TV, internet and wireless services under the Spectrum consumer brand, reported fourth-quarter results that exceeded Wall Street expectations. Earnings per share of $10.10 soared above analysts’ consensus outlook of $9.22. Revenue of $13.9 billion edged the forecast for $13.88 billion. The company shed 177,000 internet customers during the period ended Dec. 31, finishing with 30.1 million. Charter also lost 123,000 video subscribers in the quarter, ending 2024 with 12.3 ...