1. Charter's Q1 2025 revenue rose 0.4% to $13.7 billion. 2. Mobile lines increased by 514,000, showing strategic growth. 3. Adjusted EBITDA climbed 4.8%, indicating operational efficiency. 4. Video customers declined by 181,000, but less than prior year. 5. Free cash flow surged to $1.6 billion, marking significant growth.
Despite customer declines in specific segments, overall revenue growth and efficiency improvements are positive indicators. The surge in free cash flow is particularly notable often leading to stock price increases.
The article provides comprehensive financial results that directly impact investors' perception of Charter. Key metrics like revenue growth, increased cash flow, and adjusted EBITDA are critical for stock valuation.
The effects of the financial performance will be evident in upcoming quarters, especially with the increase in free cash flow facilitating potential share buybacks or reinvestments.
STAMFORD, Conn., April 25, 2025 /PRNewswire/ -- Charter Communications, Inc. (along with its subsidiaries, the "Company" or "Charter"), which operates the Spectrum brand, today reported financial and operating results for the three months ended March 31, 2025.
"We continue to execute on our long-held strategy of delivering the best network and products, at the best value, combined with unmatched service," said Chris Winfrey, President and CEO of Charter. "That strategy is working, as evidenced by our first quarter results. We remain on track to deliver customer, EBITDA and robust free cash flow results for many years to come, driving outstanding shareholder value."
| Key Metric | March 31, 2025 | March 31, 2024 | Y/Y Change |
|---|---|---|---|
| Estimated Passings | 57,167 | 55,687 | 2.7% |
| Residential Customer Relationships | 29,160 | 29,797 | (2.1)% |
| Total Customer Relationships | 31,369 | 32,016 | (2.0)% |
| Total Customer Relationship Quarterly Net Additions | (104) | (110) | 6 |
| Monthly Residential Revenue per Residential Customer | $123.06 | $120.48 | 2.1% |
First quarter revenue increased by 0.4% year-over-year to $13.7 billion, driven by growth in residential mobile service, residential Internet, and other revenues, partly offset by lower residential video and advertising sales revenues.
| Revenue Type | Q1 2025 | Q1 2024 | % Change |
|---|---|---|---|
| Internet | $5,930 | $5,826 | 1.8% |
| Video | $3,580 | $3,908 | (8.4)% |
| Mobile service | $914 | $685 | 33.5% |
| Voice | $356 | $374 | (5.0)% |
Charter Communications, Inc. (NASDAQ:CHTR) is a leading broadband connectivity company and cable operator with services available to more than 57 million homes and businesses in 41 states through its Spectrum brand. Over an advanced communications network, supported by a 100% US-based workforce, the Company offers a full range of state-of-the-art residential and business services including Spectrum Internet®, TV, Mobile and Voice.
More information about Charter can be found at corporate.charter.com.