Charter Communications Loses Residential Internet Customers In Q1, Reports Sharp Drop In Video Subscriptions
Charter Communications Loses Residential Internet Customers In Q1, Reports Sharp Drop In Video Subscriptions
Charter Communications Inc (NASDAQ:CHTR) reported fiscal first-quarter 2024 revenue growth of 0.2% year-on-year to $13.68 billion, missing the consensus of $13.74 billion.
Charter Communications Inc（纳斯达克股票代码：CHTR）报告称，2024财年第一季度收入同比增长0.2％，至136.8亿美元，未达到137.4亿美元的共识。
EPS of $7.55 missed the consensus of $7.92. The stock price dropped after the results.
每股收益7.55美元，未达到7.92美元的共识。业绩公布后，股价下跌。
Revenue growth of 1.9% in Internet, 37.8% in Mobile service, and 1.3% in Commercial aided the top line.
互联网收入增长1.9％，移动服务收入增长37.8％，商业收入增长1.3％，收入增长1.3％。
Charter lost 72,000 residential Internet customers, compared to 67,000 additions last year. Residential video customers decreased by 392,000 versus a decrease of 237,000 in the prior year.
Charter失去了72,000名住宅互联网客户，而去年增加了6.7万名。住宅视频客户减少了39.2万人，而去年同期减少了23.7万人。
Adjusted EBITDA margin expanded by 100 bps to 40.2%.
调整后的息税折旧摊销前利润率增长了100个基点至40.2％。
The quarterly free cash flow of $358 million decreased from $664 million in the prior year, primarily due to higher capital expenditures, driven mainly by Charter's network evolution and expansion initiatives.
季度自由现金流为3.58亿美元，较上年的6.64亿美元有所下降，这主要是由于资本支出增加，这主要是由Charter的网络发展和扩张计划推动的。
As of March 31, 2024, Charter served 30.5 million residential and SMB Internet customers.
截至2024年3月31日，Charter为3,050万住宅和中小企业互联网客户提供服务。
Net cash flow from operating activities totaled $3.2 billion. The company held $661 million in cash and equivalents as of March 31, 2024.
来自经营活动的净现金流总额为32亿美元。截至2024年3月31日，该公司持有6.61亿美元的现金及等价物。
Outlook: Charter Communications reiterated a 2024 capex of $12.2 billion – $12.4 billion.
展望：Charter Communications重申了2024年的资本支出为122亿美元至124亿美元。
The company's 2024 revenue and EPS consensus are $54.95 billion and $33.99.
该公司2024年的收入和每股收益共识为549.5亿美元和33.99美元。
Charter Communications stock lost over 19% in the past 12 months. Investors can gain exposure to the stock via Tidal ETF Trust God Bless America ETF (NYSE:YALL) and Invesco S&P 500 Equal Weight Communication Services ETF (NYSE:RSPC).
在过去的12个月中，Charter Communications的股票下跌了19％以上。投资者可以通过Tidal ETF Trust God Bless America ETF（纽约证券交易所代码：YALL）和景顺标普500指数等权重通信服务ETF（纽约证券交易所代码：RSPC）获得股票敞口。
CHTR Price Action: Charter Communications shares traded lower by 1.49% at $255.49 at publication Friday.
CHTR价格走势：周五公布时，Charter Communications股价下跌1.49％，至255.49美元。
Photo: Piotr Swat via Shutterstock
照片：彼得·斯瓦特通过 Shutterstock