Charter Communications reported lower second-quarter earnings as cord-cutting and a drop in advertising offset growth in internet and mobile revenue.
Net income fell 16.8% to $1.223 billion, or $8.05 a share, from $1.471 billion, or $8.80 a share a year ago.
Revenue rose 0.5% to $13.7 billion.
The results were below Wall Street forecasts... Continue reading