2023-04-28 07:04:44 ET
- Charter Communications press release ( NASDAQ: CHTR ): Q1 GAAP EPS of $6.65 misses by $0.95 .
- Revenue of $13.65B (+3.4% Y/Y) beats by $40M .
- First quarter total residential and small and medium business ("SMB") Internet customers increased by 76,000. As of March 31, 2023, Charter served a total of 30.5 million residential and SMB Internet customers.
- As of March 31, 2023, Charter had a total of 32.2 million residential and SMB customer relationships, which excludes mobile-only relationships.
- First quarter revenue of $13.7 billion grew by 3.4% year-over-year, driven by residential revenue growth of 2.5%, other revenue growth of 34.0%, primarily driven by higher mobile device sales, and commercial revenue growth of 2.4%.
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Charter Communications GAAP EPS of $6.65 misses by $0.95, revenue of $13.65B beats by $40M