Charter Communications posts surprise broadband subscriber loss, profit miss

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Charter Communications (CHTR) slides as internet customers decrease by 61,000 in Q4

February 2, 2024 10:34 AM EST

Charter Communications (NASDAQ: CHTR) shares plunged more than 13% Friday after its quarterly earnings report missed the top and bottom line analyst consensus estimate.

The company reported fourth-quarter earnings of $7.07, $1.65 worse than the analyst estimate of $8.72, while revenue for the quarter came in at $13.7... More