Why Charter’s Losses Could Be Short-Term

By on Feb, 5 2016 with Comments 0

Charter CommunicationsCharter Communications posted a fourth-quarter 2015 loss that was more than forecasted by Wall Street analysts.

The company chalked it up to expenses related to its proposed merger with Time Warner Cable and Bright House.

Overall, Charter posted a loss of $122 million, or $1.09 a share, compared with a year-earlier loss of $48 million, or 44 cents a share.

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About The Author: Leslie Stimson has been a reporter for 35+ years, starting in radio news. She’s spent the last 20 years reporting for radio trades.

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