Charter Stock on Track for Record Decline After Video, Internet Subscribers Fall

Dow Jones04-24 22:58

By Nicholas G. Miller

Shares of Charter Communications were on pace for their largest percentage decrease on record Friday after the company reported earnings below expectations and declines in video and internet subscribers.

The stock fell 21% to $191.41.

The company said that it lost a net of 120,000 internet subscribers during the quarter, while video subscribers fell by 60,000.

Charter is facing increasing competition from fixed wireless and fiber connection services, which are cutting into its home internet subscriber base. In its video business, the company is trying to slow cord-cutting by including streaming apps in its cable packages.

But while those changes in video led the company to gain 44,000 video subscribers in the fourth quarter, the company's video business returned to subscriber loss in the first quarter.

Write to Nicholas G. Miller at nicholas.miller@wsj.com.

(END) Dow Jones Newswires

April 24, 2026 10:58 ET (14:58 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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Miller at nicholas.miller@wsj.com. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 24, 2026 10:58 ET (14:58 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4559","symbol_name":"巴菲特持仓","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2629287998","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2629287998","pubTimestamp":1777042680,"columns":[{"name":"Data Report","id":30,"label_key":"dataReport"}],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Shares of Charter Communications were on pace for their largest percentage decrease on record Friday after the company reported earnings below expectations and declines in video and internet subscribers.The company said that it lost a net of 120,000 internet subscribers during the quarter, while video subscribers fell by 60,000.Charter is facing increasing competition from fixed wireless and fiber connection services, which are cutting into its home internet subscriber base. 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Miller \n\n\n \n\n\n  Shares of Charter Communications were on pace for their largest percentage decrease on record Friday after the company reported earnings below expectations and declines in video and internet subscribers. \n\n\n  The stock fell 21% to $191.41. \n\n\n  The company said that it lost a net of 120,000 internet subscribers during the quarter, while video subscribers fell by 60,000. \n\n\n  Charter is facing increasing competition from fixed wireless and fiber connection services, which are cutting into its home internet subscriber base. In its video business, the company is trying to slow cord-cutting by including streaming apps in its cable packages. \n\n\n  But while those changes in video led the company to gain 44,000 video subscribers in the fourth quarter, the company's video business returned to subscriber loss in the first quarter. \n\n\n \n\n\n  Write to Nicholas G. 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