What Charter Communications’ Growing Revenue Could Signal
Charter Communications’ (CHTR) top line has been improving over the last few quarters. Charter’s total pro forma revenue rose ~4.8% YoY (year-over-year) to $10.9 billion in the second quarter, beating Wall Street’s expectation of $10.8 billion. This rise was primarily driven by ongoing growth in its residential and commercial units as it integrates its legacy Time Warner Cable and legacy Bright House Networks acquisitions.