CtrlK
CHTR
NASDAQ
Media
$133.64
USD
+$3.99 (+3.08%)
Last close
Market Cap:
$18.69B
Volume:
2.6M
Previous Close
$129.65
Day Range
$130.37 - $136.86
52 Week Range
$124.05 - $422.29
Average Volume (10 Days)
4.3M
P/E Ratio
3.75
Dividend Yield
0.00%
Charter Communications, Inc. engages in providing broadband communications services. The company is headquartered in Stamford, Connecticut and currently employs 91,900 full-time employees. The company went IPO on 2009-12-02. Over an advanced communications network, the Company offers a range of residential and business services, including Spectrum Internet, television (TV), Mobile and Voice. For small businesses, Spectrum Business delivers a range of broadband products and services coupled with special features and applications to enhance productivity. For mid-market and large businesses, Spectrum Business provides customized, fiber-based solutions. Spectrum Reach delivers advertising and production for the modern media landscape. The firm also distributes news coverage and sports programming to its customers through Spectrum Networks. The firm offers its customers subscription-based Internet, video, mobile and voice services, with prices and related charges based on the types of service selected.
CEO
Mr. Christopher Winfrey
Headquaters
Stamford, CONNECTICUT, US
Founded
2009
Employees
91,900
Hacker group ShinyHunters dumped personal data of 4.9 million Charter Communications customers following the telecom giant's refusal to pay extortion demands. The breach, which originated from a voice phishing attack in April, exposed names, email addresses, phone numbers, and physical addresses through Charter's compromised Salesforce instance.
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Charter Communications shares plunged 23% after reporting a first-quarter earnings miss and losing 120,000 internet customers, reflecting intensifying competition from fixed wireless and fiber providers. The disappointing results triggered broader sell-offs across the cable sector, including Comcast, as investors reassessed growth prospects for traditional broadband providers facing structural challenges.
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Charter Communications reported first-quarter earnings of $9.17 per share, well below the $10.63 analyst consensus, and lost 120,000 broadband customers—twice the year-ago decline. The company's video business showed improvement with smaller customer losses, while mobile lines grew 17% to 12.1 million. Charter expects its pending $34.5 billion Cox merger to close by summer.
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Charter Communications reported disappointing first-quarter 2026 results, with earnings per share missing estimates by 14% and broadband customer losses more than doubling year-over-year. The company lost 120,000 internet customers versus 59,000 in Q1 2025, exceeding analyst projections. Revenue declined 1% to $13.6 billion, while video losses improved slightly due to bundling strategies including free streaming apps.
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Charter Communications shares fell 25.5% on Friday after the company lost 120,000 broadband customers in Q1—more than double the prior year—and missed earnings estimates. The sell-off spread to Comcast, down 13%, as investors grew concerned about the entire cable industry's broadband struggles despite Charter's pending $34.5 billion merger with Cox.
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