Cable operator Charter edges past quarterly revenue estimates
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 11/4/2026
- Wall Street rallies after Democrats win Congress; data center stocks slide
- What the Democratic sweep in the midterms means for markets
- SpaceX, Tesla slide as election risks mount, Morgan Stanley turns bullish
- CVS Health plans to split into two public companies by 2028
- AI sector outlook darkens as Democrat wins threaten $900B capex cycle
Tweet
Share
E-mail
FILE PHOTO: A Charter Communications company service van is pictured in Pasadena, California U.S., January 26, 2017. REUTERS/Mario Anzuoni
(Reuters) - Cable operator Charter Communications Inc edged past analysts' estimates for first-quarter revenue on Tuesday, as the company attracted more customers for its internet services, offsetting a drop in video subscribers.
The company added 398,000 internet customers in the reported quarter, above a consensus estimate of 344,000, according to research firm FactSet.
Total revenue rose to $11.21 billion from $10.66 billion, slightly beating estimates of $11.2 billion, according to IBES data from Refinitiv.
(Reporting by Akanksha Rana in Bengaluru; Editing by Shounak Dasgupta)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Charter Communications (CHTR) PT Lowered to $140 at Citi
- Freedom Broker cuts PayPal to Hold as branded checkout stalls
- Wedbush Says This Stock Remains a Top Pick Despite Recent Volatility
Create E-mail Alert Related Categories
General News, ReutersSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
