Charter (CHTR) Q4 Earnings Miss, Internet User Base Rises Y/Y

Charter Communications (CHTR) delivered fourth-quarter 2023 earnings of $7.07 per share, which missed the Zacks Consensus Estimate by 6.7%. The reported figure increased 20.8% year over year.Revenues of $13.71 billion increased 0.3% on a year-over-year basis, owing to a rise in residential Internet, residential mobile service and other revenues, and higher mobile device sales, partly offset by lower residential video as well as advertising sales revenues. The top line missed the consensus mark by 0.1%.Segme ...