Charter Communications Soars After Strong Earnings Report

Reported 25 days ago

Charter Communications' stock experienced a significant surge on Friday following the announcement of third-quarter earnings that surpassed expectations. The company reported an earnings per share of $8.82 and a revenue increase of 1.6% to $13.8 billion, bolstered by lower-than-expected subscriber losses and a remarkable 26% increase in mobile customers. Despite the surge, Charter's shares have declined nearly 5% overall this year.

Source: YAHOO

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