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.

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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.