Charter Communications (CHTR.US) stock is up nearly 17% in today's session after the company reported second-quarter results that exceeded analysts' expectations, with free cash flow being a particularly positive surprise in the report. Moreover, Charter's loss of broadband internet subscribers in the second quarter was significantly lower than the consensus of 230,000 (actual loss was 149,000), suggesting that the end of the Affordable Connectivity program had a more controlled impact than previously feared.
Q2 Results
- Revenue: $13.69 billion, estimated $13.58 billion
- EPS: $8.49 compared to $8.05 year-over-year, estimated $7.94
- Individual customers: 29.62 million, estimated 29.52 million
- Change in net number of video service customers for households: -393,000, estimated -345,034
- Change in net number of internet service customers for households: -149,000, estimated -230,158
- Change in net number of voice service customers for households: -268,000, estimated -263,935
- Change in net number of mobile lines: +557,000, estimated +527,484
- Free cash flow: $1.30 billion, estimated $463 million
- Adjusted EBITDA: $5.67 billion, estimated $5.49 billion
- Adjusted EBITDA margin: 41.4%, estimated 40.4%
- Capital expenditures: $2.85 billion, estimated $3.07 billion
The company has erased a large part of the losses observed since the beginning of 2024 after the Q2 data readout.
Source: xStation
هل سيُجبر ازدهار الذكاء الاصطناعي شركة آبل على استخدام رقائق ذاكرة مدرجة على "القائمة السوداء" للبنتاغون؟ ❓ أحد أعضاء مجلس الشيوخ الأمريكي يُجيب
"راماجيدون" تصل إلى المحكمة: دعوى قضائية لمكافحة الاحتكار واستثمارات في كوريا
استحواذ شركة روكيت لاب على شركة إيريديوم: هل يمثل ذلك ميلاد شركة رائدة جديدة في مجال البنية التحتية الفضائية؟
ملخص السوق: حذر أوروبي، هدنة هشة في هرمز، وتصحيح سوق الذهب
