CLAIM #14266 · Charter Communications Inc (CHTR) · 2024Q3 earnings call · Nov 1, 2024 · due Dec 31, 2025
“Even with that, our expense reduction efforts, which I've mentioned before, include things that are both short-term and have already rolled in as well as some medium and longer-term items that are still building. I think that they'll put us in a good place.”
Jessica Fischer · CFO
In context
“ve margin percentage across the company. And in this case, it might get you to the wrong answer because I think that we can drive the most collective margin by driving the most products to the customer. On the EBITDA front, thinking about the fourth quarter and next year, we still anticipate strong EBITDA growth in Q4, though it might not accelerate the way that we had hoped given that some of our expense reduction impacts, I think, came in a little earlier than we expected and we will have the storm impacts that hit inside of Q4. Still strong, but maybe not accelerating. And then going into next year, we're, of course, going to target EBITDA growth. But there are some meaningful headwinds, which I think include our Internet customer losses in 2024 and a nonpolitical year for advertising. Even with that, our expense reduction efforts, which I've mentioned before, include things that are both short-term and have already rolled in as well as some medium and longer-term items that are still building. I think that they'll put us in a good place. But there are meaningful headwinds as we go into next year. John Hodulik: Got it. Thanks, Jessica. Christopher Winfrey: John, on the first question, Jessica is right about we focus on cash flow margin. But even with the percent over time, so I'm not talking at acquisition, but over time, I think it's important to note that our triple play bundles of different combinations. They have the highest dollars of EBITDA -- not only the highest ARPU, but the highest dollars of EBITDA contribution. They also have the lowest churn and the longest customer life and they have the best ROI. And that still is the case today, which comes back to our launch of the new Spectrum pricing and packaging is you just have to make sure that there's real value in the products that you're putting on the bill. And i”
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SEC filings for CHTR ↗ · Claim quote is verbatim from the 2024Q3 earnings call.