Charter Communications Q2 Sees Subscriber Loss On ACC Expiry, Still Beats Expectations
Charter Communications Q2 Sees Subscriber Loss On ACC Expiry, Still Beats Expectations
Charter Communications Inc (NASDAQ:CHTR) reported fiscal second-quarter 2024 revenue growth of 0.2% year-on-year to $13.69 billion, beating the analyst consensus estimate of $13.59 billion.
特許通訊公司 (納斯達克: CHTR) 報告2024財年第二季度營業收入爲136.9億美元，同比增長0.2%，超出了分析師的共識估計135.9億美元。
EPS of $8.49 beat the analyst consensus estimate of $7.95. The stock price gained after the results.
每股收益爲8.49美元，超出了分析師預期的7.95美元。公佈業績後股價上漲。
Revenue growth of 1.3% in Internet, 36.9% in Mobile service, and 2.1% in Commercial aided the top line.
互聯網服務營收增長1.3%，移動服務營收增長36.9%，商業服務營收增長2.1%，促進了總營收的增長。
Charter lost 154,000 residential Internet customers, largely driven by the end of the FCC's Affordable Connectivity Program ("ACP") subsidies, compared to 70,000 additions last year. Residential video customers decreased by 393,000 versus a decrease of 189,000 in the prior year.
由於美國聯邦通信委員會（FCC）結束了“可負擔互聯網計劃”（“ACP”）的資助，特許通訊公司失去了154,000位住宅互聯網客戶，而去年同期僅增加了70,000位。住宅有線電視客戶下降了393,000位，而去年同期下降了189,000位。
Adjusted EBITDA margin expanded by 100 bps to 41.4%.
調整後的息稅折舊及攤銷前利潤（EBITDA）利潤率擴大了100個點子，達到41.4%。
The quarterly free cash flow of $1.3 billion improved from $668 million in the prior year, primarily due to higher net cash flows from operating activities.
本季度自由現金流爲13億美元，較去年同期的66800萬美元有所改善，主要是由於經營活動帶來的淨現金流量增加。
As of June 30, 2024, Charter served 30.4 million residential and SMB Internet customers.
截至2024年6月30日，特許通訊公司爲3040萬住宅和中小企業互聯網客戶提供服務。
Net cash flow from operating activities totaled $3.9 billion. The company held $602 million in cash and equivalents as of June 30, 2024.
經營活動產生的淨現金流爲39億美元。截至2024年6月30日，公司持有60200萬美元的現金和等價物。
Outlook: Charter Communications expects a 2024 capex of $12.0 billion (prior $12.2 billion – $12.4 billion).
展望前景：特許通訊公司預計2024年資本支出爲120億美元（原先爲122億-124億美元）。
The company's 2024 revenue and EPS consensus are $54.52 billion and $32.53.
該公司2024年營業收入和每股收益的共識分別爲545.2億美元和32.53美元。
Charter Communication stock has lost over 20% in the last 12 months. Earlier in July, Citigroup downgraded the stock rating, citing a challenging organic broadband environment. The analyst expected the second-quarter and third-quarter results to highlight the headwinds on broadband pricing and volumes.
特許通訊股票在過去12個月中下跌超過20%。7月初，花旗集團下調了特許通訊的股票評級，稱挑戰性的有機寬帶市場環境。分析師預計第二季度和第三季度的業績將凸顯寬帶定價和規模的不利因素。
譯文內容由第三人軟體翻譯。