8-KEarnings & ResultsExhibits & Filings

CHARTER COMMUNICATIONS, INC. /MO/ 8-K Report, Financial Results (May 3, 2011)

Filed May 3, 2011For Securities:CHTR

Summary

Charter Communications, Inc. (CHTR) filed an 8-K on May 3, 2011, primarily to furnish a press release detailing its first-quarter 2011 financial results. The filing itself does not contain detailed financial statements but references the press release for operational and financial condition updates. Investors should review the furnished press release for specifics on revenue, subscriber numbers, and profitability for the period ended March 31, 2011. The report also includes a standard cautionary statement regarding forward-looking statements, highlighting the inherent risks and uncertainties associated with the company's business. Key risk factors mentioned include competitive pressures, the ability to grow revenue and free cash flow, programming costs, economic conditions, regulatory influences, and the company's ability to manage its substantial debt obligations and comply with debt covenants.

Key Highlights

  • 1Charter Communications filed an 8-K on May 3, 2011, to report its first-quarter 2011 results.
  • 2The filing is primarily a furnishing of a press release dated May 3, 2011, detailing Q1 2011 financial and operational results.
  • 3Investors must refer to the furnished press release (Exhibit 99.1) for specific financial and operational data.
  • 4The report includes a cautionary statement outlining risks related to forward-looking statements.
  • 5Key risk factors cited include intense competition, revenue growth challenges, rising programming costs, economic uncertainty, and regulatory oversight.
  • 6Management of debt obligations and compliance with covenants are highlighted as critical financial risks.
  • 7The company emphasized its ability to sustain and grow revenues and free cash flow despite competitive and economic challenges.

Frequently Asked Questions

The main purpose of this 8-K filing is to furnish a press release issued by Charter Communications, Inc. on May 3, 2011, which announces the company's financial and operational results for the first quarter ended March 31, 2011.

The detailed financial results are not directly included in the 8-K filing itself. They are provided in the press release dated May 3, 2011, which is attached as Exhibit 99.1 to this filing. Investors should consult this press release for specific performance data.

Charter Communications highlighted several key risks, including intense competition from various players (telecoms, satellite, wireless, internet video), the ability to grow revenue and free cash flow, managing programming costs, general economic conditions, governmental regulation, and the significant risk associated with its debt obligations and compliance with covenants.

While the filing doesn't provide specific debt figures, it explicitly mentions the availability and access to funds to meet debt obligations and the ability to comply with all covenants in indentures and credit facilities as critical risk factors. This indicates that debt management and compliance are significant concerns for the company.