8-KOther Events

CHARTER COMMUNICATIONS, INC. /MO/ 8-K Report (Aug 9, 2004)

Filed August 9, 2004For Securities:CHTR

Summary

This 8-K filing from Charter Communications, Inc. (CHTR) on August 9, 2004, primarily furnishes a press release announcing the company's financial and operational results for the second quarter ended June 30, 2004. While specific financial figures are not detailed within the 8-K itself, it serves as a notification that these results have been made public via a press release. Investors should note the significant inclusion of a 'Cautionary Statement Regarding Forward-Looking Statements,' which highlights numerous risks and uncertainties facing the company. These include competition, debt repayment obligations starting in 2005, the impact of financial restatements, ongoing investigations (SEC, grand jury, and various litigation), compliance with debt covenants, programming costs, general economic conditions, and regulatory environments.

Key Highlights

  • 1Charter Communications, Inc. reported its second quarter 2004 results via a press release on August 9, 2004.
  • 2The 8-K filing is primarily a notification of the furnished press release, not a detailed financial report itself.
  • 3The company explicitly outlines significant forward-looking risks and uncertainties in its cautionary statement.
  • 4Key risks include the ability to sustain revenue and customer base amidst competition.
  • 5Debt obligations and the ability to refinance or pay them are a major concern, with payments commencing in 2005.
  • 6Ongoing investigations by the SEC, grand jury, and various litigation matters are highlighted as potential risks.
  • 7Compliance with debt covenants and programming cost management are also noted as critical factors.

Frequently Asked Questions

The main purpose of this 8-K filing is to furnish a press release dated August 9, 2004, which announces Charter Communications' financial and operational results for the second quarter ended June 30, 2004. The 8-K itself does not contain the detailed financial results but directs investors to the press release for that information.

Charter Communications highlights several significant risks, including intense competition, the substantial debt load with payments due starting in 2005, the potential impact of prior financial restatements, ongoing investigations by regulatory bodies and legal proceedings (grand jury, SEC, class actions), the ability to comply with debt covenants, rising programming costs, general economic conditions, and governmental regulation.

No, this specific 8-K filing does not provide the detailed financial results for the second quarter of 2004. It serves as an official notification that Charter Communications has issued a press release containing these results, and investors are directed to that press release (Exhibit 99.1) for the financial details.

According to the filing, Charter Communications' ability to pay or refinance debt as it becomes due is a significant concern, with these obligations commencing in 2005.