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（納斯達克股票代碼：CHTR）報告稱，2024財年第一季度收入同比增長0.2％，至136.8億美元，未達到137.4億美元的共識。
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，未達到7.92美元的共識。業績公佈後，股價下跌。
Revenue growth of 1.9% in Internet, 37.8% in Mobile service, and 1.3% in Commercial aided the top line.
互聯網收入增長1.9％，移動服務收入增長37.8％，商業收入增長1.3％，收入增長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名住宅互聯網客戶，而去年增加了6.7萬名。住宅視頻客戶減少了39.2萬人，而去年同期減少了23.7萬人。
Adjusted EBITDA margin expanded by 100 bps to 40.2%.
調整後的息稅折舊攤銷前利潤率增長了100個點子至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.
季度自由現金流爲3.58億美元，較上年的6.64億美元有所下降，這主要是由於資本支出增加，這主要是由Charter的網絡發展和擴張計劃推動的。
As of March 31, 2024, Charter served 30.5 million residential and SMB Internet customers.
截至2024年3月31日，Charter爲3,050萬住宅和中小企業互聯網客戶提供服務。
Net cash flow from operating activities totaled $3.2 billion. The company held $661 million in cash and equivalents as of March 31, 2024.
來自經營活動的淨現金流總額爲32億美元。截至2024年3月31日，該公司持有6.61億美元的現金及等價物。
Outlook: Charter Communications reiterated a 2024 capex of $12.2 billion – $12.4 billion.
展望：Charter Communications重申了2024年的資本支出爲122億美元至124億美元。
The company's 2024 revenue and EPS consensus are $54.95 billion and $33.99.
該公司2024年的收入和每股收益共識爲549.5億美元和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).
在過去的12個月中，Charter Communications的股票下跌了19％以上。投資者可以通過Tidal ETF Trust God Bless America ETF（紐約證券交易所代碼：YALL）和景順標普500指數等權重通信服務ETF（紐約證券交易所代碼：RSPC）獲得股票敞口。
CHTR Price Action: Charter Communications shares traded lower by 1.49% at $255.49 at publication Friday.
CHTR價格走勢：週五公佈時，Charter Communications股價下跌1.49％，至255.49美元。
Photo: Piotr Swat via Shutterstock
照片：彼得·斯瓦特通過 Shutterstock