Key Takeaways from Charter’s 1Q18 Earnings

Charter Communications (CHTR) has posted YoY (year-over-year) growth in its top line for the past few quarters. Charter’s revenue increased ~4.9% YoY on a pro-forma basis to reach $10.7 billion in 1Q18, which was in line with Wall Street’s expectations. This significant YoY increase in total revenue was primarily due to strong growth in the residential and commercial components as it integrates the Time Warner Cable and Bright House Networks acquisition. Charter reported its 1Q18 results on April 27, 2018.