Charter Communications Inc. (CHTR) reported that its first-quarter net loss narrowed to $42 million or $0.42 per share, from $94 million or $0.95 per share last year. The company said its net loss improvement reflects adjusted EBITDA growth, lower interest and income tax expense, partly offset by higher depreciation and amortization, and a higher loss on extinguishment of debt.
Total revenues increased to $1.92 billion from $1.83 billion last year, due to growth in video, Internet and commercial revenues. On average, 11 analysts polled by Thomson Reuters expected the company to report a loss of $0.61 per share for the quarter. Analysts' estimates typically exclude special items. Analysts expected revenue of $1.90 billion for the quarter.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.