Trade Charter Communications, Inc. - CHTR CFD

About Charter Communications Inc

Charter Communications, Inc. (Charter) is a holding company. Charter is a broadband connectivity company and cable operator serving approximately 32 million customers in 41 states through its Spectrum brand. The Company offers a range of residential and business services, including Spectrum Internet, television, mobile and voice. Spectrum Business offers Internet, voice, and video services to small and midsize business (SMB) through its fiber coaxial network. Spectrum Enterprise offers communications products and managed service solutions to larger businesses and government entities. The Spectrum Enterprise product portfolio includes Internet access; wide area network (WAN) solutions, including ethernet; software-defined WAN and cloud connectivity services. Spectrum Reach delivers advertising and production for the media landscape. Charter also distributes news coverage, sports, and original programming to its customers through Spectrum Networks and Spectrum Originals.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Charter Communications Inc revenues increased 7% to $51.68B. Net income increased 44% to $4.65B. Revenues reflect Internet segment increase of 14% to $21.09B, Mobile segment increase of 60% to $2.18B. Net income benefited from Depreciation and amortization decrease of 4% to $9.35B (expense). Basic Earnings per Share excluding Extraordinary Items increased from $15.85 to $25.34.

Equity composition

Class A Common Stock $.001 Par, 3/11, 900M auth., 114,711,944 issd., less 4,676,475 shs. in Treas. @ $213M. Insiders own 1.09%.IPO 11/9/99, 170M shares @ $19 by Goldman, Sachs. PO 5/01,52,389,000 shares @ $21 by Morgan Stanley Dean Witter. Class B Common Stock $.001 Par, 12/10, 25M auth., 2,241,299 issd. Paul Allen owns 100%.