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Time Warner Cable beat fourth-quarter profit estimates and forecast subscriber growth, bolstering CEO’s case against a $37.4 billion takeover bid from Charter Communications.

Excluding one-time costs, earnings were $1.82 a share, the company said today in a statement. Analysts had estimated $1.73 on average, according to data compiled by Bloomberg. New York-based Time Warner Cable is pushing to add 1 million residential customers in the next three years, Mr. Marcus said today.

Time Warner Cable also said it will use new technology and a more user-friendly interface to help win back customers in 2014. The company announced a plan today to begin increasing internet speeds and add video-recording features in New York and Los Angeles this year.

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