Financial Data and Key Metrics Changes - Revenue increased slightly year over year, with consolidated second quarter revenue up by 0.6% [26] - EBITDA grew by 0.5% year over year, with expectations for full-year EBITDA growth [5][29] - Net income attributable to Charter shareholders was $1.3 billion in the second quarter, compared to $1.2 billion last year [30] - Free cash flow totaled $1 billion, a decline of $250 million year over year, primarily due to higher cash taxes and interest [32] Business Line Data and Key Metrics Changes - Spectrum Mobile added 500,000 lines in the quarter, with a total of 2.1 million lines added over the last twelve months, representing nearly 25% growth [4] - Internet customer losses improved to 117,000 from 149,000 last year, while video customer losses improved fivefold year over year to 80,000 [4][22] - Residential revenue per customer relationship grew by 1.7% year over year, despite a 2.1% decline in residential customers [24] Market Data and Key Metrics Changes - Total commercial revenue grew by 0.8% year over year, with mid-market and large business revenue growth of 2.9% [25] - Advertising revenue declined by 6.7%, impacted by less political revenue [26] - Rural market success included activation of the one millionth subsidized rural passing, with 47,000 net customer additions in the rural footprint during the quarter [23] Company Strategy and Development Direction - The company aims to enhance its video product offerings and integrate streaming applications to improve customer experience and retention [6][68] - A long-term MVNO relationship with T-Mobile was announced to enhance Spectrum's business package and accelerate mobile growth [12] - The acquisition of Cox Communications is expected to provide significant benefits for customers and shareholders, enhancing competitive positioning [19][20] Management's Comments on Operating Environment and Future Outlook - The operating environment remains competitive, but the company is confident in returning to Internet customer growth through its strategy of delivering high-quality networks and products [5][18] - Management highlighted the importance of investments in technology and customer service to create a competitive advantage [14][15] - The company expects to see a surge in free cash flow as capital intensity declines post-2025 [37] Other Important Information - Capital expenditures totaled approximately $2.9 billion in the second quarter, with expectations for total capital expenditures in 2025 to reach around $11.5 billion [31] - The company finished the second quarter with $94.3 billion in debt principal, with a weighted average cost of debt at 5.2% [34] Q&A Session Summary Question: Can you discuss the T-Mobile deal and its implications? - Management expressed excitement about the strategic relationship with T-Mobile, emphasizing the potential for growth in the small and medium business space [40][42] Question: What are the expectations for cash tax savings in 2026? - Management indicated that cash tax savings in 2026 could be similar to or slightly larger than those in 2025, with significant overall free cash flow benefits expected [50][53] Question: What is driving the improvement in video subscriber trends? - Management noted that improvements are due to higher sales, lower churn, and better upgrades, with a focus on bundling video with Internet services [100]

Financial Performance - Charter's total revenue for 2Q25 was $13.8 billion, a 0.6% increase year-over-year[8][34] - Adjusted EBITDA for 2Q25 reached $5.7 billion, reflecting a 0.5% year-over-year growth[8][37] - Capital expenditures totaled $2.9 billion in 2Q25, up 0.7% year-over-year[8] - Free cash flow for 2Q25 was $1.046 billion[42] - Net leverage in 2Q25 was 4.10x, or 4.18x pro forma for the Liberty Broadband transaction[41] Customer Metrics - Total customer relationships decreased to 31.2 million in 2Q25, a 2.0% decrease year-over-year[24][29] - Internet customers totaled 29.9 million in 2Q25, a 1.5% decrease year-over-year[29] - Mobile lines increased to 10.9 million in 2Q25, a 24% increase year-over-year[28][31] - Video customers decreased to 12.6 million in 2Q25, a 5.1% decrease year-over-year[31] Strategic Initiatives and Network - Charter has approximately 58 million passings in 41 states[11] - The company has over 47 million national wireless access points[11] - Average monthly data usage per household is approximately 810GB[13] Share Repurchases - Charter repurchased 4.5 million common shares and units in 2Q25 at an average price of $375, totaling $1.7 billion[42][43] - Since September 2016, Charter has repurchased 169.2 million common shares and units for a total value of $75.8 billion[43] - In 2Q25, 1.4% of fully diluted shares outstanding were repurchased[42][43]

Intel, AEye, Deckers Outdoor, UnitedHealth, and AST Spacemobile are catching the interest of traders. This is where they were trading premarket at 7 a.m. ET Friday.1. IntelThe move: The tech giant fell more than 8% to $20.76 per share after dipping about 3.5% on Thursday. Why: Intel announced before the closing bell that it intends to cut 25,000 staff from its workforce this year as part of its turnaround plan and that it will scrap European projects.2. AEyeThe move: AEye is up about 18% to $3.44 a share ...

STAMFORD, Conn., July 25, 2025 /PRNewswire/ -- Charter Communications, Inc. (along with its subsidiaries, the "Company" or "Charter"), which operates the Spectrum brand, today reported financial and operating results for the three and six months ended June 30, 2025. Second quarter total Internet customers decreased by 117,000. As of June 30, 2025, Charter served 29.9 million Internet customers. Second quarter total mobile lines increased by 500,000. As of June 30, 2025, Charter served 10.9 million mobile li ...

Earnings Report - Charter Communications is set to release its second-quarter earnings results on July 25, with expected earnings of $9.78 per share, an increase from $8.49 per share in the same period last year [1] - The company projects quarterly revenue of $13.76 billion, slightly up from $13.69 billion a year earlier [1] Recent Developments - On July 22, Charter and Comcast announced a partnership to utilize T-Mobile 5G for their wireless business customers [2] - Following this announcement, Charter Communications shares fell by 4.6%, closing at $380.00 [2] Analyst Ratings - UBS analyst John Hodulik maintained a Neutral rating and raised the price target from $400 to $425 [4] - Loop Capital analyst Alan Gould upgraded the stock from Hold to Buy, increasing the price target from $430 to $510 [4] - Citigroup analyst Michael Rollins maintained a Buy rating and raised the price target from $425 to $445 [4] - Wells Fargo analyst Steven Cahall maintained an Equal-Weight rating and increased the price target from $380 to $400 [4] - Morgan Stanley analyst Benjamin Swinburne maintained an Equal-Weight rating and raised the price target from $385 to $415 [4]

Elon Musk's satellite internet service Starlink said it had a "network outage" on Thursday. The company said it was working on a solution.There were more than 60,000 reports of an outage on Downdetector, a site that logs issues.Starlink is owned and operated by SpaceX, which is also run by Musk.Musk posted earlier Thursday that the company's direct-to-cell-phone service was "growing fast" following the announcement that T-Mobile's Starlink-powered satellite service was available to the public.T-Mobile said ...

Iridium Communications (IRDM) Q2 2025 Earnings Call July 24, 2025 08:30 AM ET Company ParticipantsKenneth Levy - VP - IRMatthew Desch - CEOVincent O’Neill - CFORic Prentiss - Managing DirectorChris Quilty - Co-CEO & PresidentColin Canfield - DirectorJustin Lang - VP - Aerospace & Defense Equity ResearchConference Call ParticipantsWalter Piecyk - Partner & TMT AnalystTimothy Horan - MD, Senior AnalystGreg Mesniaeff - Research AnalystMathieu Robilliard - AnalystOperatorDay, and welcome to the Iridium Communic ...

Iridium reported second quarter total revenue of $216.9 million, which consisted of $155.6 million of service revenue and $61.3 million of revenue related to equipment sales and engineering and support projects. Total revenue increased 8% versus the comparable period of 2024. Service revenue, which represents primarily recurring revenue from Iridium's growing subscriber base, grew 2% from the year-ago period and was 72% of total revenue for the second quarter of 2025. The Company ended the quarter with 2,48 ...

AST SpaceMobile Stock Forecast Today12-Month Stock Price Forecast:$45.34-21.37% Downside Moderate BuyBased on 8 Analyst RatingsCurrent Price$57.67High Forecast$63.00Average Forecast$45.34Low Forecast$30.00AST SpaceMobile Stock Forecast DetailsShares of AST SpaceMobile NASDAQ: ASTS ignited a powerful rally, surging to new highs after the company announced a definitive agreement with a U.S. government prime contractor on July 18. The event triggered a dramatic re-evaluation of the company's prospects, with th ...

Grupo Televisa (TV) Q2 2025 Earnings Call July 23, 2025 11:00 AM ET Company ParticipantsAlfonso de Angoitia Noriega - Co-CEOFrancisco Valim - CEO of IZZI Grupo Televisa´s Cable CompanyMilenna Okamura - Equity Research AssociateConference Call ParticipantsEmilio Fuentes - Senior Analyst - Equity ResearchLivea M - Equity Research AnalystMatthew Harrigan - Equity Research AnalystOperatorMorning. Welcome to Coripa Televisa's second quarter twenty twenty five conference call. Before we begin, I would like to dra ...