Charter Communications (CHTR) Posts Q1 Loss of 35c/Share

Charter Communications (NASDAQ: CHTR) reported Q1 EPS of ($0.35), which may not compare with the analyst estimate of $0.09. Revenue for the quarter came in at $2.2 billion versus the consensus estimate of $2.18 billion.

Key highlights:

• Pro forma1 for the acquisition of Bresnan, total residential customer relationships grew by 112,000 during the quarter, versus 61,000 during the first quarter of 2013.
• Residential primary service units (PSUs) increased by 206,000 during the period, versus 140,000 in the year-ago quarter, including continued improvement in video customer trends, with positive net additions of 18,000, in the seasonally strong first quarter.

For earnings history and earnings-related data on Charter Communications (CHTR) click here.

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