earnings
confidence high
sentiment negative
materiality 0.70
Charter Q3 revenue +0.2% to $13.6B; free cash flow falls 27% as capex rises 23%
CHARTER COMMUNICATIONS, INC. /MO/
2023-Q3 EPS reported
$22.94
revenue$40,896,000,000
- Revenue $13.6B (+0.2% YoY); Adj. EBITDA $5.4B (+0.7%).
- Net income $1.3B ($8.42 EPS) vs $1.2B ($7.51) a year ago.
- Free cash flow $1.1B (down 27% YoY) on higher capex of $3.0B (+23%).
- Total residential + SMB Internet net adds 63k; mobile lines +594k; video -327k.
- FY2023 capex ex line extensions guided to ~$7.2B, up from $6.5-6.8B prior.