Financial Statements for Charter Communications Inc.
Year over year, Charter Communications Inc. has seen their bottom line shrink from a loss of $1.4B to an even larger loss of $1.6B despite an increase in revenues from $5.5B to $6.0B. An increase in the percentage of sales devoted to SGA costs from 21.17% to 21.48% was a key component in the falling bottom line in the face of rising revenues.