Market Overview

UPDATE: Charter Posts Q4 Net Profit

Related CHTR
Benzinga's $3 Million Investment Round Will Continue To Make Information Easier For You To Consume
5 Biggest Price Target Changes For Monday
FCC pulls set-top box vote from today's meeting agenda (Seeking Alpha)

Charter Communications (NASDAQ: CHTR) posted a profit in the fourth quarter.

Charter swung to a quarterly profit of $39 million, or $0.35 per share, versus a year-ago loss of $40 million, or $0.41 per share.

Its revenue climbed 12% to $2.15 billion versus $1.91 billion. However, analysts were estimating earnings of $0.31 per share on revenue of $2.16 billion.

Charter shares closed at $131.84 yesterday.

Posted-In: profitEarnings News


Related Articles (CHTR)

View Comments and Join the Discussion!