trending Market Intelligence /marketintelligence/en/news-insights/trending/wyhtslu3y_mud-7kb_a1iq2 content esgSubNav
In This List

Charter Q4'17 revenue up 3.2%, sees tax benefit of $9.3B

Blog

Europe: 5 key OTT trends to watch in 2022

Blog

Broadcast deal market recap 2021

Blog

Volume of Investment Research Reports on Inflation Increased in Q4 2021

Blog

Price wars in India: Disney+ Hotstar vs. Amazon Prime Video vs. Netflix


Charter Q4'17 revenue up 3.2%, sees tax benefit of $9.3B

Charter Communications Inc. reported fourth-quarter 2017 net income attributable to shareholders of $9.55 billion, or $34.56 per share, up from net income of $454 million, or $1.67 per share, in the year-ago period.

Notably, the company recorded a noncash GAAP tax benefit of $9.3 billion from a reduction in the deferred tax liability as a result of the enactment of the Tax Cuts and Jobs Act.

The GAAP S&P Capital IQ consensus estimate for the quarter was 82 cents.

Revenue for the fourth quarter of 2017 was $10.60 billion, up 3.2% year over year from $10.28 billion.