Charter Communications Inc. (NASDAQ:CHTR) saw a 7.62% increase in stock price on Friday, closing at $206.12 per share. The company reported 119,000 fewer Internet subscription cancellations in Q4 compared to analyst expectations. Total video customers rose by 44,000 due to new pricing and streaming applications. Net income fell by 9.1% to $1.332 billion, with revenues dropping by 2.3% to $13.6 billion.

Investors took note of Charter Communications Inc.’s (NASDAQ:CHTR) positive performance in January, with the stock price rising by 7.62% on Friday. The company reported better-than-expected results in Internet subscriptions and total video customers. Despite a decline in net income and revenues, the stock is still considered a promising investment opportunity.

While Charter Communications Inc. (NASDAQ:CHTR) experienced a decline in net income and revenues, the company’s stock price increased by 7.62% in January. This growth was attributed to lower-than-expected Internet subscription cancellations and an increase in total video customers. Investors view CHTR as a potential investment opportunity with promising returns.

Read more at Yahoo Finance: Charter Communications (CHTR) Climbs 7.6% as Subscription Decline ‘Lower-Than-Expected’