Kristen Bell is giving fans a peek into her personal life like never before.
29.07.2022 - 17:01 / deadline.com
Charter Communications followed Comcast’s uneven financial report on Thursday with its own mixed batch of results, which featured an unusual decline in broadband subscribers but also key metrics above Wall Street expectations.
Revenue increased 6% to $13.6 billion, edging Wall Street analysts’ consensus forecast of $13.4 billion. Earnings per share of $8.80 far outpaced the Street view of $6.89.
Like other pay-TV operators, the company continues to shed residential video customers, dropping 240,000 in the quarter to settle below 14.9 million. But the internet trends stood out in the quarterly report, with the number of residential customers declining by 42,000, compared with a gain of 365,000 in the year-ago quarter.
Charter said it many of the customer unpluggings stemmed from the wind-down of the Emergency Broadband Benefit program and additional requirements of the Affordable Connectivity Program. Without those factored in, the company said there had been organic growth of 38,000 customers.
Analysts zeroed in on broadband throughout the Charter’s conference call to discuss the quarterly numbers. On Thursday, shares in the company plunged 8% after Comcast reported a flat quarter of broadband and they have dipped another 1% in early trading today. For large-scale internet providers like Comcast and Charter, broadband has been a profitable savior in recent years as pay-TV has continued its secular decline. Especially during the Covid-altered years of 2020 and 2021, the notion set in among investors that steady broadband growth would be a given. This year’s bruising economic environment, however, has taken a toll on a number of companies whose businesses thrived in pandemic times.
COO Chris Winfrey said the outlook for
Kristen Bell is giving fans a peek into her personal life like never before.
Fans across the globe are mourning the death of Scots Pop Idol star Darius Campbell Danesh after he passed away at the age of 41.
Rod Stewart and his wife Penny Lancaster got the family back together again with a getaway to Italy. Stewart and Lancaster went on a yacht on the Amalfi coast with his children and shared some photos on his Instagram story to commemorate the vacation.
Martha Stewart is sparkling on a budget! The businesswoman rocked a cozy, yet “chic” outfit from Fashion Nova.
Martha Stewart is having a laugh at the latest viral meme about her.
Paris Hilton has been on vacation in Italy for the past week with husband Carter Reum and we have some great new photos of the couple!
Todd Spangler NY Digital EditorThe Walt Disney Co. powered up a strong June quarter, highlighted by a 14.4 million gain in Disney+ streaming subscribers and a robust rebound in theme park revenue — topping Wall Street expectations on most metrics.Disney+ paid customers stood at 152.1 million as of July 2, the end of the conglomerate’s third quarter of fiscal 2022.
That revenue total is up from the $460.5 million grossed in Q1 2022, with $381.9 million coming from ticket sales and $286 million coming from concessions. After reporting a net loss of $72.5 million last quarter, Cinemark was able to report a net loss of $73.4 million, which equates to diluted loss per share of 61 cents.
Cindy Crawford and Rande Gerber appear to be going strong.
A dog walker was left awestruck after capturing her very own Mission Impossible film - when her childhood hero Tom Cruise paraglided over her head then landed next to her in the Lake District.
There’s nothing quite like visiting a garden during the summer and wandering among colourful blooms and lush greenery on a sunny day. A well-designed garden can capture your imagination and transport you to a different place.
John Hopewell Chief International CorrespondentCannes Cinéfondation winner Michael Labarca will hit Locarno’s Open Doors next week with his feature debut project, “Kids Swimming in the Lake,” produced by Venezuela’s Todos Los Ríos, France’s Ticket Shoot Films and Chile’s Oro Films.For Venezuelan movie projects, such international co-productions are not only a virtue but a necessity, “due to the crisis of our public funding for production, our limitation of access to the Ibermedia fund and the complex situation of our country,” said “Kids” producer Patricia Ramírez Arévalo at Todos los Rios.Set in contemporary Venezuela, “Kids Swimming in the Lake” deals with emigration, but from the point of view of those left behind. During constant blackouts, 11-year-old Dayana and her little siblings dream of leaving Venezuela and reuniting with their father, who migrated fleeing the crisis.
Comcast beat Wall Street analysts’ estimates for the second quarter, delivering total revenue of $30 billion and earnings per share of $1.01.
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