Altice USA

Altice USA, Inc. engages in the provision of broadband, pay television, telephony services, proprietary content, and advertising services. Its brands include Optimum, Suddenlink, Optimum Mobile, Altice Business, News 12 Networks, Cheddar News, a4 Advertising, and i24 News. The company was founded by Patrick Drahi in 2001 and is headquartered in Long Island City, NY.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Altice USA reports revenue declines but focuses on customer-centric growth

Altice USA is navigating revenue declines while focusing on customer-centric strategies, fiber expansion, and product optimization. The company aims to drive growth through broadband and mobile services amidst market challenges and opportunities.

Altice USA sees challenges in Q1 but drives growth strategies

Altice USA's Q1 performance reflects a mix of challenges and strengths, with a strategic focus on customer experience and fiber network expansion.
The company's initiatives like Optimum Complete and investments in quality aim to drive margin and profitability despite current financial pressures.
Facing competitive intensity and operational hurdles, Altice USA is leveraging opportunities in fiber, cost management, and customer-centric strategies for growth.
Overall, Altice USA's financial outlook remains optimistic, with a strong emphasis on returning to growth and improving financial metrics in the coming quarters.

Altice USA reports strong Q2 performance, eyes growth opportunities

Altice USA's Q2 2023 performance reflects improved customer experiences, cost control, and strategic focus on revenue and EBITDA growth.
While facing challenges from an internal investigation and lack of specific guidance, the company's strengths in network technology and customer offerings position it well for future opportunities.
Opportunities lie in capitalizing on positive subscriber trends, enhancing customer loyalty, exploring financing options, and driving broadband ARPU growth.
Altice USA's continued momentum and margin improvement underscore its potential for sustained financial performance and market competitiveness.

Altice USA excels in Q3 with strong financials and growth strategies

Altice USA's Q3 performance reflects strong operational and financial metrics, driven by a focus on customer experiences, network enhancements, and strategic investments.
The company's strengths lie in its customer-centric approach, stable financial performance, and commitment to innovation through fiber deployment and AI functionality.
While facing challenges in subscriber growth and rate management, Altice USA has opportunities to capitalize on B2B growth, customer experience improvements, and market expansion strategies.

Altice USA reports stable margins and mobile growth in 2023

Altice USA's 2023 performance showcased stability in margins, growth in mobile and fiber, and enhanced customer experiences.
While facing challenges like ARPU pressure and potential impacts from sports JV, the company's strengths in profitability and customer focus position them for long-term success.
Opportunities lie in continued portfolio evolution, ARPU stabilization, and mobile segment growth, supported by financial discipline and strategic investments.

Altice USA excels in Q1, focuses on innovation and growth

Altice USA's Q1 2024 earnings call highlighted strong performance, innovation in product offerings, and a focus on customer satisfaction. Despite challenges from macroeconomic conditions, the company remains optimistic about its growth prospects and profitability. With a strategic approach to expansion and a strong emphasis on improving network quality, Altice USA is well-positioned for future success.

Altice USA reports Q2 revenue of $2.2B, faces subscriber challenges

Altice USA's Q2 2024 performance reflected revenue of $2.2 billion and adjusted EBITDA of $867 million, with a 5.9% decline in total adjusted EBITDA.
Strengths included progress in operational metrics, customer satisfaction, and growth in key business segments.
Challenges stemmed from subscriber trends impacted by competition and macro pressures, particularly in the low-income segment.
Opportunities lie in exciting developments, AI integration, network enhancements, and partnerships for future growth.

Altice USA reports solid Q3 performance, focuses on growth strategies

Altice USA's Q3 performance reflects strong revenue and EBITDA figures with notable progress in key product segments.
The company aims to drive growth through operational efficiencies, digitalization, and strategic business transformation.
Challenges in broadband subscriber losses and competitive pressures require a focus on mobile growth and customer value enhancement.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

NEW YORK  and BOSTON, June 16, 2021 /PRNewswire/ -- Lightpath, an all-fiber, infrastructure-based connectivity provider that is revolutionizing how organizations connect to their digital destinations, today announced its entrance into the Boston market for fiber connectivity solutions, which is accelerated by three acquisitions. Lightpath becomes the first all-fiber, enterprise-grade connectivity provider to enter the Boston market since industry consolidation began over a decade ago.

Lightpath Enters The Boston Fiber Connectivity Market Accelerated By Three Acquisitions

France's Altice said it had no intention of making a takeover offer for BT and that it held the U.K. telecom group's management in "high regard".

Billionaire Patrick Drahi's Altice snaps up $3 billion stake in telecom giant BT

BT Group

Altice, the telecoms group founded by French billionaire Patrick Drahi, has taken a 12.1% stake in BT Group PLC (LON:BT.A) but says it does not intend to bid. In a statement, Altice said that it “holds the Board and Management team of BT in high regard and is supportive of their strategy.

BT won't face takeover bid from new 12% shareholder Altice

Patrick Drahi's Altice Group said on Thursday that it had taken a 12.1% stake in Britain's BT Group becoming its largest shareholder.

Altice takes 12% stake in BT, says no plans to make takeover offer

NEW YORK--(BUSINESS WIRE)--Altice USA (NYSE: ATUS) today announces that Michael Grau, CFO, will participate in the upcoming Credit Suisse 23rd Annual Communications Conference on Tuesday, June 15th, 2021. The presentation will be held virtually and is scheduled to begin at 11:55am EDT on Tuesday, June 15th, 2021. To listen to a live webcast, please visit: link. About Altice USA Altice USA (NYSE: ATUS) is one of the largest broadband communications and video services providers in the United Stat

Altice USA to Participate in Upcoming Credit Suisse 23rd Annual Communications Conference

Altice USA stock has fallen more than 10% since AT&T announced its Warner spin-off, as investors fear the resulting fiber expansion. Altice USA has managed the overlap with Verizon FIOS fiber well, now has a mostly 1 Gbps+ network, and only overlaps with AT&T partially.

Altice USA: 10% Fall Since AT&T's Warner Spin-Off News Was Overreaction

Altice USA, Inc. (ATUS) reported earnings 30 days ago. What's next for the stock?

Why Is Altice USA, Inc. (ATUS) Down 0.6% Since Last Earnings Report?

Altice (ATUS) is confident of its ability to deliver revenue and adjusted EBITDA growth in 2021.

Here's Why Altice (ATUS) is a Promising Pick for Investors

Among U.S. cable operators, Altice USA Inc (NYSE: ATUS) is the most at risk from potential broadband pricing pressure, according to BofA Securities. The Altice USA Analyst: Jessica Reif Ehrlich downgraded the rating for Altice USA from Neutral to Underperform, while keeping the price target unchanged at $38.

Altice USA Gets Downgrade From BofA: Here's Why

CommScope Hld

CommScope's (COMM) advertising solutions are likely to help operators and content providers monetize premium video content through targeted advertising and reduce churn rate by offering compelling personalized content.

CommScope (COMM) Powers Altice's a4 Advertising Solutions

Altice (ATUS) decides to provide eligible Optimum and Suddenlink residential customers with a credit toward their Internet service payments.

Altice (ATUS) Launches Emergency Broadband Benefit Program

NEW YORK--(BUSINESS WIRE)--Altice USA (NYSE: ATUS), the provider of Optimum and Suddenlink internet, television, and phone service, today announces that as part of its continued efforts to keep communities connected and make broadband more accessible, the company has launched the FCC's Emergency Broadband Benefit Program, which will provide eligible Optimum and Suddenlink residential customers with a credit towards their internet service payments. Optimum and Suddenlink residential customers wh

Altice USA Launches the Federal Communications Commission's Emergency Broadband Benefit Program for Optimum and Suddenlink Customers

NEW YORK--(BUSINESS WIRE)--Altice USA (NYSE: ATUS) today announces that Dexter Goei, CEO will participate in the upcoming MoffettNathanson Media and Communications Summit on Wednesday, May 12, 2021 and J.P. Morgan Global Technology, Media and Communications Conference on Tuesday, May 25, 2021. Both presentations will be held virtually. The MoffettNathanson presentation is scheduled to begin at 1:00pm EDT on Wednesday, May 12th. To listen to a live webcast, please visit: link. The J.P. Morgan pr

Altice USA to Participate in Upcoming MoffettNathanson and J.P. Morgan Conferences

Amid coronavirus-induced adversities, Altice (ATUS) beats first-quarter 2021 earnings estimates on modest revenue growth and new customer additions supported by solid broadband demand.

Altice's (ATUS) Q1 Earnings Top Estimates, Revenues Miss

Altice USA, Inc. (ATUS) CEO Dexter Goei on Q1 2021 Results - Earnings Call Transcript

Altice USA, Inc. (ATUS) delivered earnings and revenue surprises of 100.00% and -1.09%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Altice USA, Inc. (ATUS) Beats Q1 Earnings Estimates

NEW YORK--(BUSINESS WIRE)--Altice USA (NYSE: ATUS) today reports results for the first quarter ended March 31, 2021. Dexter Goei, Altice USA Chief Executive Officer, said: “I am delighted to share that 2021 is off to a great start, positioning us well for the rest of the year. We continue to see increased demand for broadband and higher speeds as we accelerate our best-in-class network performance through our investments in fiber and enhance our product offerings. Our team's ongoing commitment

Altice USA Reports First Quarter 2021 Results

Altice USA (NYSE:ATUS) announces its next round of earnings this Wednesday, April 28. Here is Benzinga's look at Altice USA's Q1 earnings report.

A Preview Of Altice USA's Earnings

NEW YORK--(BUSINESS WIRE)--Altice USA (NYSE: ATUS), the provider of Optimum and Suddenlink-branded broadband services, today announces the launch of Smart WiFi 6, the latest evolution to Altice USA's advanced connectivity portfolio. Optimized for Optimum and Suddenlink's fiber-rich network, Smart WiFi 6 delivers a supercharged WiFi experience with faster speeds and greater coverage than ever before. Built to support the increasing data usage of consumers and the growing number of connected devi

Altice USA Introduces the Next Evolution in WiFi with Launch of Smart WiFi 6

NEW YORK--(BUSINESS WIRE)--Altice USA (NYSE: ATUS) will host a conference call on Wednesday, April 28, 2021 at 4:30 p.m. EDT to discuss financial and operating results for the first quarter ended March 31, 2021. A press release reporting the results will be issued at 4:05 p.m. EDT. The call will be led by Dexter Goei, CEO, and Michael Grau, CFO. Dial-in Access Telephone Numbers: Participant Event Plus Toll Free Dial-In Number: +1 (833) 968-2322 Participant Event Plus Toll Dial-In Number: +1 (77

Altice USA to Hold Conference Call to Discuss Q1 2021 Results

The acquisition of Morris Broadband expands Altice's (ATUS) footprint in North Carolina where it already has presence with its Suddenlink business.

Altice (ATUS) Completes Buyout of Morris Broadband for $310M

NEW YORK--(BUSINESS WIRE)--Altice USA (NYSE: ATUS) today announces that it has closed the previously announced acquisition of the assets of Morris Broadband, LLC (“Morris Broadband”). Morris Broadband is a rapidly-growing broadband communications services company providing high-speed data, video and voice services to approximately 36,500 residential and business customers in western North Carolina. The deal extends Altice USA's footprint in North Carolina, making it the sixth largest state for

Altice USA Completes Acquisition of Morris Broadband

Altice USA (ATUS) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

Altice USA (ATUS): Strong Industry, Solid Earnings Estimate Revisions

Altice has reached a nearly $72 million settlement to resolve New York state claims the phone and cable TV provider failed to adequately prepare for and respond to Tropical Storm Isaias last August, when more than 400,000 customers lost service, Governor Andrew Cuomo said on Thursday.

News for Altice USA Stock (ATUS)