"Shares of Charter Communications declined over 12% in pre-market trading after missing Wall Street earnings expectations for Q2 2025 and losing pay TV customers."
"Total revenue for Charter grew 0.6% to $13.8 billion, mainly due to a 24.9% rise in residential mobile and 2.8% growth in Internet revenues."
"The company lost 80,000 pay TV customers during the quarter, yet this was an improvement compared to a loss of 408,000 video customers a year prior."
"Advertising sales revenue decreased by 6.7% to $371 million, primarily due to lower core and political revenue amid a challenging ad market."
Charter Communications reported a 12% decline in shares during pre-market trading following second quarter 2025 earnings that missed Wall Street expectations. Total revenue grew 0.6% to $13.8 billion, driven by increases in residential mobile and Internet revenue. However, video revenue fell by 10% to $3.5 billion due to a shift towards lower-priced packages and added costs. The company lost 80,000 pay TV customers but showed improvement over the previous year. Advertising sales revenue decreased 6.7% primarily due to a challenging ad market and lower core revenue.
Read at TheWrap
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