The broadband and cable TV provider posted fourth quarter adjusted underlying earnings (EBITDA) of US$3.9bn, up 12.7% year-on-year on a pro forma basis.
The company acquired Time Warner Cable and Bright House Networks during the reporting period, hence the pro forma comparison.
Revenues rose 7.2%, also on a pro forma basis, to US$10.28bn – marginally ahead of the consensus forecast of US$10.25bn.
Earnings per share of US$1.67 were well above market expectations of US$1.06.
Despite this, the shares were off 1.3% at US$321 in late morning trading.
“Since the close of our transactions in May, we have been managing the complicated process of integrating three different companies with over 26 million customers and 90 thousand employees,” said Tom Rutledge, chairman and also chief executive officer of Charter Communications.
“Despite the complexity, our integration is going well. We also continued to grow in 2016, with pro forma customer growth of nearly 5%, revenue growth of 7%, and double digit adjusted EBITDA growth,” he added.
“In 2017, we remain focused on applying our growth-oriented operating strategy across our new footprints, driving more customer satisfaction, growth, and shareholder value,” Rutledge said.
Story by ProactiveInvestors
Time to Takedown Google - CSS - Hagmann and Hodges - 4/23/17 (Hour 1)
US Military Used Newborn DNA for Terrorist Profiling? (video)
Alex Jones - HD Commercial Free - Monday (4-24-17) Tommy Thommes and Tommy Robinson
Holocaust in Venezuela - US Is Next - Are You Ready?
X22Report Either This Is a Secretive Plan That Will Benefit America or Prepare for the Worst - Episode 1262b
Bundy Ranch: Judge Forced to Declare Mistrial in Bundy Ranch Protest Trial (Video)
Oh Boy: US Preparing to Evacuate 230,000 Americans From South Korea and Pence Stated Storm Clouds Are Gathering (Videos) Couragous Channel
President Trump Attacking North Korea
Hollywood Targeted Individual Stephen Shellen Shocking Plea Reverberating Globally
Benjamin Fulford Update Apr 24, 2017
Could This Be the Root Cause of Inflammation and Many Modern Diseases?
This Doctor Delivers the Best Explanation and Treatment for Alzheimer’s
Why Earth’s Winds are Changing with Tornadoes, Waterspouts & Plasma Lightning Intensifying
American Airlines flight attendant ‘whacks a mother in the head
TradCatKnight: Coronal Hole From Sun Could Put Power Grids In Danger Next Week – Produce Mass-Blackouts
Elite Rituals You Need To Know, Child Drag Queen Hour & Giraffe Baby Live
Big Changes May Be Coming To The Gas Pump Very Soon
BART Takeover Robbery: 40 to 60 Teens Swarm Train, Rob Weekend Riders
Taliban attack kills or wounds 160 Afghan soldiers at northern army base
Trump denies Exxon permission to drill for oil in Russia
Chili Peppers and Marijuana Calm the Gut
Store Owner’s Fight Against Robbers Caught on Camera (Video)
Mind Your Brains, You Might Be Under Attack! Have a Strong Coffee and Watch!
The Secret of Antarctica: "Astronaut Buzz Aldrin: the Timer "The End" Is Not a Joke"
Water Is Not What You Think it Is
A Very Important Announcement--- The Nature of the Battle
Eastridge Murals x ADLC
Trojan Horse - by Judge Anna von Reitz
NASA Astronaut Peggy Whitson Sets US Space Endurance Record, Speaks to President Trump
The Mystery of the 'Golden Ratio' Explained