Charter Q4 2019 Earnings Report
Key Takeaways
Charter Communications reported a 4.7% increase in revenue to $11.8 billion for Q4 2019, driven by growth in Internet, mobile, video, and SMB revenue. The company added 268,000 residential and SMB customer relationships and 288,000 mobile lines. Net income attributable to Charter shareholders totaled $714 million, a significant increase from $296 million in the same period last year.
Total residential and SMB customer relationships increased by 268,000 in Q4 2019.
Internet customers increased by 339,000 in Q4 2019.
Charter added 288,000 Spectrum Mobile lines in Q4 2019.
Q4 revenue grew by 4.7% year-over-year to $11.8 billion.
Charter
Charter
Charter Revenue by Segment
Forward Guidance
Charter expects 2020 cable capital expenditures to decline as a percentage of cable revenue compared to 2019.
Revenue & Expenses
Visualization of income flow from segment revenue to net income