Charter Communications Q2 Loss Widens - Quick Facts

(RTTNews) - Charter Communications Inc.'s (CHTR) second-quarter net loss widened to $96 million, or $0.96 per share, from a $83 million, or $0.84 per share loss, last year.

On average, 8 analysts polled by Thomson Reuters expected earnings per share of $0.34 for the quarter. Analysts' estimates typically exclude one-time items.

On the other hand, quarterly revenues of $1.97 billion grew 4.7% from the prior-year figure of $1.88 billion, supported by growth in video services revenue and Internet and commercial customers. Analysts estimated revenues of $1.97 billion for the quarter.

Second-quarter residential revenues grew 4.3% year-over-year, when residential revenues advanced by 2.6% on a pro forma basis1, and 3.1% on an actual basis.