The pay-TV giant reported earnings of $8.15 per share on revenue of $13.7 billion
Charter Communications reported mixed results for its second quarter of 2023 Friday, posting net income of $1.2 billion or $8.15 per share, above Wall Street’s expectations, while revenue fell short of the forecast.
Total revenue grew 0.5% year over year to $13.7 billion. Residential revenue fell 0.3% year-over-year to $10.8 billion, internet revenue rose 3.1% year-over-year to $5.7 billion and video revenue slid 6.6% year over year to $4.2 billion. Voice revenue dropped 8.3% year over year to $365 million, mobile service revenue sured 29.8% year over year to $539 million and commercial revenue climbed 1.
