Charter Communications, Inc. (CHTR) Q4 2022 Earnings Call Transcript

Charter Communications, Inc. (NASDAQ:CHTR) Q4 2022 Earnings Conference Call January 27, 2023 8:30 AM ET

Company Participants

Stefan Anninger - Head of Investor Relations

Christopher Winfrey - CEO

Jessica Fischer - CFO

Thomas Rutledge - Executive Chairman

Conference Call Participants

Jonathan Chaplin - New Street Research

Vijay Jayant - Evercore ISI

Craig Moffett - MoffettNathanson

Philip Cusick - JPMorgan

Kutgun Maral - RBC Capital Markets

Douglas Mitchelson - Credit Suisse

Benjamin Swinburne - Morgan Stanley

Operator

Hello, and welcome to Charter Communications' Fourth Quarter 2022 Investor Call. [Operator Instructions]

I will now turn the call over to Stefan Anninger. Sir, please begin.

Stefan Anninger

Good morning, and welcome to Charter's fourth quarter 2022 investor call. The presentation that accompanies this call can be found on our website, ir.charter.com, under the Financial Information section.

Before we proceed, I would like to remind you that there are a number of risk factors and other cautionary statements contained in our SEC filings, including our most recent 10-K filed this morning. We will not review those risk factors and other cautionary statements on this call. However, we encourage you to read them carefully.

Various remarks that we make on this call concerning expectations, predictions, plans and prospects constitute forward-looking statements. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ from historical or anticipated results. Any forward-looking statements reflect management's current view only, and Charter undertakes no obligation to revise or update such statements or to make additional forward-looking statements in the future.

During the course of today's call, we will be referring to non-GAAP measures as defined and reconciled in our earnings materials. These non-GAAP measures, as defined by Charter, may not be comparable to measures with similar titles used by other companies. Please also note that all growth rates noted on this call and in the presentation are calculated on a year-over-year basis, unless otherwise specified.

On today's call, we have Chris Winfrey, our CEO; Tom Rutledge, our Executive Chairman; and Jessica Fischer, our CFO.

With that, let's turn the call over to Chris.

Christopher Winfrey

Thanks, Stefan. We continued to execute well within a challenging market backdrop in 2022, and we remain excited about the industry's future and Charter's in particular. We added over 340,000 Internet customers in 2022 despite the previous pandemic pull forward and a low activity environment. We also continued to see very strong mobile line growth, with full year line in net additions of over 1.7 million.