Loading...
•
Mar 31, 2023
Charter Q1 2023 Earnings Report
Charter's Q1 2023 results were announced, demonstrating revenue growth driven by residential, other, and commercial revenues, alongside an increase in total residential and SMB Internet customers and mobile lines.
Key Takeaways
Charter Communications reported a 3.4% year-over-year increase in revenue, reaching $13.7 billion in Q1 2023. The company saw growth in residential and SMB Internet customers and mobile lines. Net income attributable to Charter shareholders totaled $1.0 billion.
Total residential and SMB Internet customers increased by 76,000 in Q1 2023.
Total residential and SMB mobile lines increased by 686,000 in Q1 2023.
Q1 revenue grew by 3.4% year-over-year, driven by residential, other, and commercial revenue growth.
Net income attributable to Charter shareholders totaled $1.0 billion in Q1.
Revenue by Segment
Forward Guidance
Charter expects full year 2023 capital expenditures, excluding line extensions, to be between $6.5 billion and $6.8 billion. Charter expects 2023 line extensions capital expenditures to be approximately $4 billion.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...