Charter Communications Misses Q1 Earnings, Completes $4B Share Buyback

Benzinga
2021/04/30
  • Charter Communications Inc (NASDAQ: CHTR) reported first-quarter FY21 revenue growth of 6.7% year-on-year to $12.5 billion, meeting the analyst target estimate of $12.5 billion. 
  • Residential and mobile revenue posted a 5.8% and 90.7% growth, respectively.
  • The company added 355,000 Internet customers in Q1, and 2 million over the last year, for year-over-year growth of 7.3%, said Chair and CEO Tom Rutledge.
  • The total number of internet customers rose 7.3% to 29.2 million, while total video customers remained flat at 16.1 million.
  • Total voice customers remained flattish at 10.4 million, and total mobile lines subs rose 95% to 2.7 million.
  • EPS of $4.11 missed analyst estimate of $4.26. Adjusted EBITDA rose 12.5% to $4.9 billion.
  • The company held $772 million in cash and equivalents. It generated $3.8 billion in operating cash flow.
  • Charter repurchased $4 billion shares during the quarter.
  • Price action: CHTR shares are trading lower by 0.49% at $666.66 on the last check Friday.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10