Charter Q4 revenue $13.7B; net income down 11.5% to $1.058B; Internet customers decline 61,000

CHARTER COMMUNICATIONS, INC. /MO/

2023-FY EPS reported $29.99 revenue$54,607,000,000

Q4 total residential & SMB Internet customers decreased by 61,000; adds 155,000 in full year 2023.
Q4 mobile line additions of 546,000; total mobile lines reach 7.8 million, up 47% YoY.
Q4 Adjusted EBITDA $5.6B (+1.6% YoY); full year $21.9B (+1.3% YoY).
Full year free cash flow $3.5B vs $6.1B prior year, down 42.8% due to higher capex.
Charter expects FY 2024 capex of $12.2-12.4B, including $4.5B line extensions and $1.6B network evolution.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

CHARTER COMMUNICATIONS, INC. /MO/ reported financial results for three and twelve months ended December 31, 2023.

Period: three and twelve months ended December 31, 2023
Result: reported results

Exact text from the filing

On February 2, 2024, Charter Communications, Inc. issued a press release announcing its results for the fourth quarter ended December 31, 2023.

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Source: SEC EDGAR

accession 0001091667-24-000027

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