STAMFORD, Conn. (AP) — STAMFORD, Conn. (AP) — Charter Communications Inc. (CHTR) on Friday reported second-quarter net income of $1.23 billion.
On a per-share basis, the Stamford, Connecticut-based company said it had profit of $8.49.
The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $7.55 per share.
The cable provider posted revenue of $13.69 billion in the period, also beating Street forecasts. Five analysts surveyed by Zacks expected $13.62 billion.
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