Charter Announces Second Quarter 2019 Results
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Charter Communications (CHTR) Reports Q2 EPS of $1.39
July 26, 2019 7:06 AM EDTCharter Communications (NASDAQ: CHTR) reported Q2 EPS of $1.39, versus $1.15 reported last year. Revenue for the quarter came in at $11.35 billion versus the consensus estimate of $11.4 billion.
Key highlights:
Second quarter total residential and SMB customer relationships increased 203,000, compared to 196,000 during the second quarter of 2018. As of June 30, 2019, Charter had 28.7 million total customer relationships, with growth of over 1.0 million year-over-year.During the second quarter, Charter generated residential and SMB Internet net additions of 258,000, video net losses of 141,000 and wireline voice net losses of 182,000.Charter added 208,000 mobile lines in... More