Charter Revenue Declines Again as Subscriber Slide Continues

Dow Jones

Jul 24

Charter Communications logged its fourth consecutive decline in quarterly revenue as its count of internet and video subscribers continues to drop.

The company posted a second-quarter profit of $1.29 billion, or $10.66 a share, compared with $1.3 billion, or $9.18 a share, in the year-earlier quarter with a larger base of shares outstanding. Analysts polled by FactSet had been expecting $9.98 a share.

Revenue pulled back by 1.8% to $13.53 billion, just ahead of analyst estimates for $13.51 billion.

During the quarter, internet subscribers fell by 172,000 to a total of 29.4 million, while video customers dropped by 21,000 to about 12.5 million.

Rising competition from fixed wireless and fiber connection services have been eating into the company's home-internet subscriber base while cord-cutting is weighing on its cable business.

Charter has meanwhile been building up its Spectrum Mobile business, which added 406,000 lines during the second quarter.

Write to Dean Seal at dean.seal@wsj.com

(END) Dow Jones Newswires

By Dean Seal

Charter Communications said revenue in the second quarter declined 1.7%. "Charter Revenue Declines Again as Subscriber Slide Continues" at 7:35 a.m. ET incorrectly said revenue declined 1.8%.

Write to Dean Seal at dean.seal@wsj.com

(END) Dow Jones Newswires

July 24, 2026 08:26 ET (12:26 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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Analysts polled by FactSet had been expecting $9.98 a share. \n</p>\n<p>\n  Revenue pulled back by 1.8% to $13.53 billion, just ahead of analyst estimates for $13.51 billion. \n</p>\n<p>\n  During the quarter, internet subscribers fell by 172,000 to a total of 29.4 million, while video customers dropped by 21,000 to about 12.5 million. \n</p>\n<p>\n  Rising competition from fixed wireless and fiber connection services have been eating into the company's home-internet subscriber base while cord-cutting is weighing on its cable business. \n</p>\n<p>\n  Charter has meanwhile been building up its Spectrum Mobile business, which added 406,000 lines during the second quarter. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Dean Seal at dean.seal@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n</font><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  By Dean Seal \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Charter Communications said revenue in the second quarter declined 1.7%. \"Charter Revenue Declines Again as Subscriber Slide Continues\" at 7:35 a.m. ET incorrectly said revenue declined 1.8%. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Dean Seal at dean.seal@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 24, 2026 08:26 ET (12:26 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CHTR","symbol_name":"特许通讯","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2653908199","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2653908199","pubTimestamp":1784892900,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Charter Communications logged its fourth consecutive decline in quarterly revenue as its count of internet and video subscribers continues to drop.The company posted a second-quarter profit of $1.29 billion, or $10.66 a share, compared with $1.3 billion, or $9.18 a share, in the year-earlier quarter with a larger base of shares outstanding. Analysts polled by FactSet had been expecting $9.98 a share.Revenue pulled back by 1.8% to $13.53 billion, just ahead of analyst estimates for $13.51 billion.During the quarter, internet subscribers fell by 172,000 to a total of 29.4 million, while video customers dropped by 21,000 to about 12.5 million.Rising competition from fixed wireless and fiber connection services have been eating into the company's home-internet subscriber base while cord-cutting is weighing on its cable business.Charter has meanwhile been building up its Spectrum Mobile business, which added 406,000 lines during the second quarter.Write to Dean Seal at dean.seal@wsj.com Dow","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"CHTR":"特许通讯"},"translate_title":"随着订户持续下滑，包机收入再次下降","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CHTR":1.5},"content_text":"Charter Communications logged its fourth consecutive decline in quarterly revenue as its count of internet and video subscribers continues to drop. \n\n\n  The company posted a second-quarter profit of $1.29 billion, or $10.66 a share, compared with $1.3 billion, or $9.18 a share, in the year-earlier quarter with a larger base of shares outstanding. Analysts polled by FactSet had been expecting $9.98 a share. \n\n\n  Revenue pulled back by 1.8% to $13.53 billion, just ahead of analyst estimates for $13.51 billion. \n\n\n  During the quarter, internet subscribers fell by 172,000 to a total of 29.4 million, while video customers dropped by 21,000 to about 12.5 million. \n\n\n  Rising competition from fixed wireless and fiber connection services have been eating into the company's home-internet subscriber base while cord-cutting is weighing on its cable business. \n\n\n  Charter has meanwhile been building up its Spectrum Mobile business, which added 406,000 lines during the second quarter. \n\n\n \n\n\n  Write to Dean Seal at dean.seal@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n\n  By Dean Seal \n\n\n \n\n\n  Charter Communications said revenue in the second quarter declined 1.7%. \"Charter Revenue Declines Again as Subscriber Slide Continues\" at 7:35 a.m. ET incorrectly said revenue declined 1.8%. \n\n\n \n\n\n  Write to Dean Seal at dean.seal@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  July 24, 2026 08:26 ET (12:26 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}