Fri Apr 25 23:20:00 UTC 2025: ## Charter Communications Stock Soars 11% on Strong Q1 Results
**New York, NY** – Charter Communications (CHTR) stock surged 11% on Friday, leading S&P 500 gainers, after the company released better-than-expected first-quarter results. The strong performance pushed Charter shares into positive territory for the year.
The parent company of Spectrum, exceeding analyst forecasts in several key areas. Revenue reached $13.74 billion, slightly above the projected $13.68 billion. While earnings per share (EPS) of $8.42 fell 7 cents short of estimates, it still represented a nearly 12% year-over-year increase.
Charter’s mobile phone subscriber growth significantly outperformed expectations, adding 514,000 lines compared to the anticipated 477,000. Although the company lost 60,000 internet subscribers—more than projected—a significant portion (9,000) was attributed to California wildfires. The company also exceeded expectations in video subscriber retention, losing 181,000 subscribers, a substantial improvement from the 405,000 loss in the same period last year. Charter attributed this improvement to new simplified pricing and packaging strategies, including bundled offers that incorporate ad-supported streaming services.
First Piper 