Charter said it added 2,474,000 mobile lines and 155,000 Internet customers in 2023, and spent $1.9 billion on its subsidized rural construction initiative.

1. 01

   Charter said it added 2,474,000 mobile lines and 155,000 Internet customers in 2023, and spent $1.9 billion on its subsidized rural construction initiative.

2. 02

   Charter said its total revenue for fiscal 2023 rose $585 million, or 1.1%, from 2022. The company cited growth in residential Internet revenue, mobile device sales and residential mobile service revenue as drivers, partly offset by lower residential video and advertising sales revenue.

3. 03

   Charter said free cash flow was $3.5 billion in 2023 and $6.1 billion in 2022. Capital expenditures were $11.1 billion in 2023 and $9.4 billion in 2022.

4. 04

   Charter said its debt principal was $97.6 billion as of December 31, 2023, and its leverage ratio was 4.42 times Adjusted EBITDA. In 2023, it bought about 6.9 million shares of Class A common stock in the open market for about $2.7 billion.

Key figures

Fiscal year ended December 31, 2023

Revenue

$54.6B

Operating income

$12.6B

Net income

$4.6B

EPS

$29.99

Operating cash flow

$14.4B

Analysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.