Communications Services Down After Weak Charter Earnings -- Communications Services Roundup

Dow Jones04-25 05:44

Communications-services fell after weak earnings from one major internet provider.

Charter Communications shares tumbled after it tempered a key, full-year revenue projection and reported subscriber declines in both its internet and video businesses in the first quarter.

Rival Comcast, which had risen following its own surprisingly strong earnings report, tumbled due to fears that its report was skewed by one-off advertising-revenue gains related to NBC's coverage of the Olympics and Super Bowl advertising.

Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires

April 24, 2026 17:44 ET (21:44 GMT)

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