Comcast Shares Tumble as Broadband-Subscriber Losses Widen
Comcast Corp. shares fell as much as 9.9% to their lowest in more than two years after the company reported fourth-quarter revenue and profit that beat Wall Street’s expectations but subscriber losses in its broadband unit raised concerns among investors.
Charter Reports Fourth-Quarter Pay-TV, Broadband Subscriber Losses
The company lost 177,000 broadband customers to finish 2024 with 30.1 million subscribers. That reduction followed rival Comcast a day earlier reporting its total domestic broadband customer net losses came to 139,000 for the fourth quarter of 2024.
Comcast's steep broadband subscriber losses take shine off strong studio performance
Comcast reported a steep decline in broadband subscribers for the fourth quarter on Thursday on competition from telecom firms that have been bundling 5G mobile services with internet plans, sending its shares about 11% lower.
Charter’s Broadband Subscriber Losses Add to Woe for Cable TV
Charter Communications Inc. lost 177,000 broadband subscribers in the fourth quarter, worse than expected amid a very competitive market for internet access.
Comcast Loses More Broadband Subscribers Than Expected, and Stock Tumbles
Key Takeaways Comcast's broadband customers declined more than anticipated, sending shares plunging.The customer drop of 139,000 was worse than what Comcast Cable CEO Dave Watson warned would be lost last month.
Charter shares tumble after Comcast's broadband losses
Charter Communications (NASDAQ:CHTR) stock fell 6.3% following Comcast (NASDAQ:CMCSA)'s report of significant broadband subscriber losses, which also dragged its own shares down by 11%. The ripple effect on Charter's stock comes ahead of its own earnings report,
Comcast shares plunge as ‘Wicked’ success offset by big subscriber losses
Comcast reported a steep decline in broadband subscribers for the fourth quarter on Thursday on competition from telecom firms that have been bundling 5G mobile services with internet plans, sending its shares about 11% lower.
Charter Communications beats quarterly estimates on demand for bundled plans
Charter Communications beat Wall Street estimates for quarterly results on Friday, driven by higher-than-expected subscriber growth for its mobile services which can be bundled with broadband plans.
Charter continues to lose video, internet subs like rival Comcast but posts results beat
Charter Communications beats earnings expectations with revenue growth, but sees declines in internet and video subscribers ...
Charter Communications stock may crash after earnings
Charter Communications’ stock price remains under pressure as the cable industry faces major challenges amid cord-cutting. On ...
Charter Beats Earnings Estimates: Mobile Growth Surges, Broadband Subscriber Losses, Network Investments, Mobile & Ad Sales Increase
Charter Communications reported Q4 2024 revenue growth of 1.6% to $13.93B, beating analyst estimates. EPS of $10.10 also beat ...
Charter Communications 4Q Tops Views
Charter Communications logged higher earnings in the fourth quarter as it added more mobile lines and kept internet revenue rising. The cable company posted a quarterly profit of $1.47 billion, ...
Charter Communications, Inc. Announces Climb In Q4 Profit, Beats Estimates
Charter Communications, Inc. (CHTR) reported a profit for its fourth quarter that increased from last year and beat the Street ...
WCJB1d
Family of former TV20 reporter Dylan Lyons sues parent company of TV station for negligence following death
NeJame Law is filing the suit against Charter Communications, the parent company of Spectrum News 13, where Dylan was working ...
Spectrum TV And Internet Parent Charter Communications Delivers Better-Than-Expected Q4 Results
Charter Communications, which offers TV, internet and wireless services under the Spectrum brand, topped Wall Street expectations in the fourth quarter.
Strategic Alignment and Market Positioning Justify Buy Rating for Charter Communications
Benchmark Co. analyst Matthew Harrigan has maintained their bullish stance on CHTR stock, giving a Buy rating on January 21.Invest with ...
The Hour3h
Charter: Q4 Earnings Snapshot
The results surpassed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $9.54 per share. The cable provider posted revenue of ...
Ex-Charter Communications VP Moves to Toss Trade Secrets Lawsuit
A former Charter Communications Inc. executive accused of taking trade secrets to competitor Metronet argued his prior employer’s lawsuit should be dismissed because his noncompete is unenforceable.