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.

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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.

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We review our ATUS investment case after shares fell 14% from their December peak, giving them a 7%+ Free Cash Flow Yield. Q4 results were solid, with year-on-year growth of 2.5% in revenues and 6.1% in EBITDA; broadband customers were sequentially stable.

Altice USA: 7%+ Free Cash Flow Yield And Aggressive Buybacks

The buyout is a strategic fit for Altice (ATUS) as it aims to extend its geographic reach with greater market penetration.

Altice (ATUS) Buys Morris Broadband, Spurs North Carolina Foothold

The CEO of Altice USA, the fourth largest U.S. cable provider by subscribers, says it's only a matter of time before cable TV dies off.

Altice USA CEO says cable TV will die and broadband and wireless companies should merge

Altice USA Inc (NYSE: ATUS) inked an agreement to acquire the assets of Morris Broadband, LLC. The financial terms of the transaction were not disclosed.

Altice USA To Acquire Morris Broadband To Expand Footprint In North Carolina

NEW YORK--(BUSINESS WIRE)--Altice USA (NYSE: ATUS) today announced it has entered into a definitive agreement to acquire the assets of Morris Broadband, LLC (“Morris Broadband”). The transaction will expand Altice USA's footprint in North Carolina, where it already has a presence with its Suddenlink business, and implies an enterprise value of $310 million total for the Morris Broadband business on a debt-free and cash-free basis. Following this acquisition, North Carolina will represent the si

Altice USA to Acquire Morris Broadband

NEW YORK, Feb. 23, 2021 /PRNewswire/ -- Altice USA (NYSE: ATUS) and Discovery, Inc. today announced that the two companies have agreed on a mutually favorable distribution agreement that allows Altice USA's Optimum and Suddenlink subscribers to enjoy continued access to Discovery's...

Altice USA and Discovery, Inc. Reach Distribution Agreement

Altice (ATUS) beats fourth-quarter 2020 earnings estimates on modest revenue growth amid coronavirus-induced adversities.

Altice (ATUS) Beats Q4 Earnings Estimates on Higher Revenues

Altice USA, Inc. (ATUS) CEO Dexter Goei on Q4 2020 Results - Earnings Call Transcript

NEW YORK--(BUSINESS WIRE)--Altice USA (NYSE: ATUS) today reports results for the fourth quarter and full year ended December 31, 2020. Dexter Goei, Altice USA Chief Executive Officer, said: “I could not be more proud of the Altice USA team for its perseverance and dedication during such an unparalleled year. Our team's unrelenting focus on serving both our customers and broader community has allowed us to achieve spectacular results in a number of areas, including record broadband customer gain

Altice USA Reports Fourth Quarter and Full Year 2020 Results

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4 Telecom Stocks Likely to Outpace Q4 Earnings Estimates

NEW YORK--(BUSINESS WIRE)--Altice USA (NYSE: ATUS) will host a conference call on Wednesday, February 10, 2021 at 4:30 p.m. EST to discuss financial and operating results for the fourth quarter and full year ended December 31, 2020. A press release reporting the results will be issued at 4:05 p.m. EST. 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 D

Altice USA to Hold Conference Call to Discuss Q4 and FY 2020 Results

The stock price of Altice USA Inc (NYSE: ATUS) has received a price target increase from $35 to $42 by Raymond James. These are the details.

ATUS Stock Price: Target Increase From $35 To $42 By Raymond James

Altice USA (ATUS) shares moved higher during pre-market hours after Raymond James raised its price target to $42.00 per share.

Altice (ATUS) Set to Extend Rally on Price Target Boost

NEW YORK--(BUSINESS WIRE)--Altice USA, Inc. (NYSE: ATUS) (“Altice USA” or the “Company”) announces today the final results of its modified “Dutch auction” tender offer to repurchase up to $2.5 billion of its Class A common stock which expired at one (1) minute after 11:59 p.m., New York City time, on Monday, December 21, 2020. Based on the final count by American Stock Transfer & Trust Company, LLC (“AST”), the Depositary for the tender offer, 64,613,479 shares of Class A common stock were

Altice USA Announces Final Results of Its Tender Offer

NEW YORK--(BUSINESS WIRE)--Altice USA, Inc. (NYSE: ATUS) (“Altice USA” or the “Company”) announces today the preliminary results of its modified “Dutch auction” tender offer to repurchase up to $2.5 billion of its Class A common stock which expired at one (1) minute after 11:59 p.m., New York City time, on Monday, December 21, 2020. Based on the preliminary count by American Stock Transfer & Trust Company, LLC (“AST”), the Depositary for the tender offer, 64,814,209 shares of Class A common

Altice USA Announces Preliminary Results of Its Tender Offer

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Cable TV Lost Another Million Customers in Q3 -- Sort Of

NEW YORK--(BUSINESS WIRE)--Altice USA (NYSE: ATUS) today announces it has closed the previously announced sale of 49.99% of its Lightpath fiber enterprise business to Morgan Stanley Infrastructure Partners (MSIP) for an implied enterprise value of $3.2 billion. Altice USA will retain a 50.01% interest in Lightpath and maintain control of the company. “We are pleased to have closed this transaction and partner with Morgan Stanley Infrastructure Partners to support ongoing and new growth initiati

Altice USA Announces Closing of Sale of 49.99% of Lightpath Fiber Enterprise Business to Morgan Stanley Infrastructure Partners

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Telephone And Data Systems: The Next M&A Target

Altice (ATUS) saw a big move last session, as its shares jumped nearly 9% on the day, amid huge volumes.

Altice (ATUS) in Focus: Stock Moves 8.6% Higher

The telecommunications company commences a $2.5 billion tender offer.

Why Altice Stock Soared Today

NEW YORK--(BUSINESS WIRE)--Altice USA, Inc. (NYSE: ATUS) (“Altice USA” or the “Company”) announced today that it has commenced a modified “Dutch auction” tender offer to repurchase up to $2.5 billion of its Class A common stock at a price not greater than $36.00 per share nor less than $32.25 per share, less any applicable withholding taxes and without interest, upon the terms and subject to the conditions set forth in the Offer to Purchase and Letter of Transmittal that are being distributed t

Altice USA Announces Commencement of Tender Offer to Repurchase up to $2.5 Billion of Its Class A Common Stock

Altice Europe's (ALVVF) Management on Q3 2020 Results - Earnings Call Transcript

Altice (ATUS) is on track with its five-year plan to build a fiber-to-the-home network and deploy its home communications hub.

Here's Why You Should Add Altice (ATUS) to Your Portfolio Now

We upgrade our rating on ATUS from Neutral to Buy, after Q3 2020 results showed several key improvements in the business. 92% of ATUS's footprint now offers 1 Gbps broadband, Video profits have stabilized sequentially, and EBITDA growth has re-accelerated.

News for Altice USA Stock (ATUS)