Charter Communications (CHTR) Reports Q2 Loss of $1.09/Share
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Charter Announces Second Quarter 2015 Results
August 4, 2015 8:01 AM EDTSTAMFORD, Conn., Aug. 4, 2015 /PRNewswire/ -- Charter Communications, Inc. (along with its subsidiaries, the "Company" or "Charter") today reported financial and operating results for the three and six months ended June 30, 2015.
Key highlights:
Second quarter revenues of $2.4 billion grew 7.6%1 as compared to the prior-year period, driven by residential revenue growth of 7.0% and commercial revenue growth of 14.0%. Second quarter Adjusted EBITDA2 grew by 6.8% year-over-year. Excluding second quarter transactions transition costs of $17 million, Adjusted EBITDA grew by 8.9% year-over-year. Capital expenditures totaled $432 million in the second... More