Charter Communications (CHTR) Falls 18% as Customer Count Continues to Drop

We recently published These 10 Stocks Have Collapsed. Charter Communications, Inc. (NASDAQ:CHTR) is one of the worst-performing stocks on Friday.

Charter Communications fell by 18.49 percent on Friday to close at $309.75 apiece as investors turned cautious amid a mixed earnings performance and the significant drop in its broadband users in the second quarter of the year.

In a statement, Charter Communications, Inc. (NASDAQ:CHTR) said Internet customers continued to decline quarter-on-quarter, with last quarter’s customer count dropping by another 117,000 to 29.9 million from 30.02 million as of March 2025.

However, second quarter net income attributable to shareholders rose by 5.7 percent to $1.3 billion from $1.23 billion year-on-year, due to lower interest expense and higher Adjusted EBITDA.

Net income for the first half increased by 7.7 percent to $2.5 billion from $2.3 billion year-on-year.

Revenues, on the other hand, finished flat for both the second quarter and first semester of the year, ending at $13.7 billion and $27 billion, respectively.

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