- Charter Communications press release ( NASDAQ: CHTR ): Q4 GAAP EPS of $7.69 misses by $1.08 .
- Revenue of $13.67B (+3.5% Y/Y) misses by $60M .
- Fourth quarter revenue was driven by mobile revenue growth of 38.7%, advertising sales revenue growth of 24.6% and commercial revenue growth of 3.3%.
- Fourth quarter total residential and small and medium business ("SMB") Internet customers increased by 105,000. As of December 31, 2022, Charter served a total of 30.4 million residential and SMB Internet customers, with 344,000 total Internet customers added in 2022.
- Fourth quarter total residential and SMB mobile lines increased by 615,000. As of December 31, 2022, Charter served a total of 5.3 million mobile lines, with 1.7 million mobile lines added in 2022.
- As of December 31, 2022, Charter had a total of 32.2 million residential and SMB customer relationships, which excludes mobile-only relationships.
- Fourth quarter Adjusted EBITDA of $5.5 billion grew by 1.9% year-over-year.
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Charter Communications GAAP EPS of $7.69 misses by $1.08, revenue of $13.67B misses by $60M