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

Altice USA, Inc. (NYSE:ATUS ) Q2 2023 Earnings Conference Call August 2, 2023 4:30 PM ET Company Participants Sarah Freedman - Director, Corporate Finance Dennis Mathew - Chief Executive Officer Marc Sirota - Chief Financial Officer Conference Call Participants Brett Feldman - Goldman Sachs Phil Cusick - JPMorgan Chase & Co. Benjamin Swinburne - Morgan Stanley Craig Moffett - MoffettNathanson LLC John Hodulik - UBS Group AG Jonathan Chaplin - New Street Research LLP Kutgun Maral - Evercore Inc. Bryan Kraft - Deutsche Bank Operator Greetings, and welcome to the Altice USA Second Quarter 2023 Results Conference Call. At this time, all participants are in a listen-only mode.

Altice USA, Inc. (ATUS) Q2 2023 Earnings Call Transcript

Altice USA, Inc. (ATUS) came out with quarterly earnings of $0.17 per share, beating the Zacks Consensus Estimate of $0.05 per share. This compares to earnings of $0.35 per share a year ago.

Altice USA, Inc. (ATUS) Q2 Earnings Top Estimates

NEW YORK--(BUSINESS WIRE)--Altice USA (NYSE: ATUS) today reports results for the second quarter ended June 30, 2023. Dennis Mathew, Altice USA Chairman and Chief Executive Officer, said: "I am pleased with the progress we are making as we act with discipline and focus to execute on our mission for Optimum to be the connectivity provider of choice across all the communities we serve. In the second quarter we achieved sustainable operational and financial improvements across the business, with si.

Altice USA Reports Second Quarter 2023 Results

Apple

American Tower

Amazon

AST SpaceMobile

JPMorgan BetaBuilders MSCI US REIT ETF

Crown Castle International

Charter Communications

Comcast

DigitalBridge Group

DISH Network

Direxion Daily Real Estate Bull 3x Shares

Direxion Daily Real Estate Bear 3x Shares

Fidelity MSCI Real Estate ETF

First Trust S&P REIT Index Fund

iShares Cohen & Steers REIT ETF

iShares U.S. Real Estate ETF

Nuveen Real Estate Income Fund

Invesco KBW Premium Yield Equity REIT ETF

Neuberger Berman Real Estate Securities Income Fund Inc

US Diversified Real Estate ETF

Invesco Active US Real Estate

ALPS Active REIT ETF

ProShares Short Real Estate

Cohen And Steers Total Return Realty Fund

Cell Tower REITs have been the weakest-performing property sector since the start of 2022 - lagging even the battered office sector - amid a telecommunications industry-wide slump inflamed by tight monetary conditions. Cellular carriers have curbed their capital-intensive network expansion plans in recent quarters following a significant wave of investment and tower equipment upgrades from 2019-2022 to deploy nationwide 5G networks. The latest selloff was intensified by an expose alleging that century-old abandoned phone lines owned by AT&T and Verizon are leaching toxic lead into drinking water, potentially requiring costly remediation.

Cell Tower REITs: Toxic Telecom?

Altice USA, Inc. (ATUS) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.

Despite Fast-paced Momentum, Altice USA, Inc. (ATUS) Is Still a Bargain Stock

Telecoms group Altice's co-founder Armando Pereira, who was on Thursday being questioned by a judge about alleged corruption at the group's Portuguese subsidiary, has denied any wrongdoing, his lawyer Manuel Magalhaes e Silva said.

Altice co-founder denies wrongdoing in corruption inquiry

NEW YORK--(BUSINESS WIRE)--Altice USA (NYSE: ATUS) will host a conference call on Wednesday, August 2, 2023 at 4:30 p.m. ET to discuss financial and operating results for the second quarter ended June 30, 2023. A press release reporting the results will be issued at 4:05 p.m. ET. The call will be led by Dennis Mathew, Chairman and CEO, and Marc Sirota, CFO. Dial-in Access Telephone Numbers: Participant Dial-In: 877-404-9653 / +1 201-689-8856 A live webcast of the presentation will be available.

Altice USA to Hold Conference Call to Discuss Q2 2023 Results

Altice USA, Inc. (ATUS) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Earnings Estimates Rising for Altice USA, Inc. (ATUS): Will It Gain?

Arista Networks

Ooma

Increased fiber densification and accelerated pace of 5G deployment should help the Zacks Communication - Components industry thrive despite short-term headwinds. ANET, ATUS and OOMA are well-positioned to make the most of the demand for seamless connectivity solutions.

3 Communication Stocks Set to Ride on Post-Covid Demand Upswing

Altice International has suspended several managers, workers and legal representatives in Portugal and elsewhere while an investigation into alleged corruption, tax fraud and money laundering at its Portuguese subsidiary is conducted, it said on Wednesday.

Altice suspends some employees amid Portuguese corruption probe

Telecoms group Altice's co-founder Armando Pereira has been detained in Portugal, local media said on Friday, as part of an investigation into alleged corruption, tax fraud and money laundering.

Altice co-founder detained in Portuguese corruption probe - media

Optimum, a brand of Altice (ATUS), introduces a new 8 Gigabit symmetrical fiber Internet service that will provide ultra-fast connectivity with enhanced reliability.

Altice (ATUS) Launches Super-Fast 8 Gigabit Fiber Broadband

NEW YORK--(BUSINESS WIRE)--Optimum, a brand of Altice USA (NYSE: ATUS), today announces the launch of its new 8 Gig symmetrical Fiber Internet service, now available to more than 1.7 million residents and businesses across the company's fiber footprint. By year end, Optimum 8 Gig Fiber will be available to nearly 3 million passings and will expand as the Company's fiber network build continues. This launch represents the largest deployment of 8 Gig internet speeds in the country and cements Opt.

Ultra-Fast Optimum 8 Gig Symmetrical Fiber Internet Service Launches Across More Than 1.7 Million Passings, Representing the Widest Availability of 8 Gig Speeds in the United States

NEW YORK , June 20, 2023 /PRNewswire/ -- Lightpath , an all-fiber, infrastructure-based connectivity provider that is revolutionizing how organizations connect to their digital destinations, officially announced today the launch of Cloud Connect for AWS consisting of multiple service options for direct connectivity to Amazon Web Services through Amazon's Direct Connect locations in in Secaucus NJ, Boston MA, Ashburn VA, and soon in Miami FL. The services provide customers with direct, secure, all-fiber connectivity to AWS with bandwidth options up to 100 Gbps.

Lightpath Announces All-Fiber Solutions for Direct Connectivity to Amazon Web Services

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

Why Is Altice USA, Inc. (ATUS) Down 12.3% Since Last Earnings Report?

BT Group PLC (LSE:BT.A)'s biggest shareholder Altice has increased its stake after swooping for a further 650mln shares. Altice, owned by Billionaire Patrick Drahi, now holds around 24.5% of the UK telco but reiterated it does not intend to make a bid for the firm.

BT's biggest shareholder Altice raises stake to 24.5%

Aggressive Expansion Demonstrates Company's Commitment to Miami 65 Route Miles of Network and Four On-Net Data Centers Planned by End of 2023 NEW YORK and MIAMI , May 15, 2023 /PRNewswire/ -- Lightpath , an all-fiber, infrastructure-based connectivity provider that is revolutionizing how organizations connect to their digital destinations, today announced an update on its previously released entrance into the Miami market and the rapid buildout of its new, all-fiber network throughout the region. Lightpath's aggressive Miami expansion includes 65 route miles of network and four on-net data centers by end of 2023   Lightpath's new network in the Miami Central Business District (CBD) is operational and customer ready, including connectivity to two critical data centers located at 50 NE 9th Street (NAP of the Americas) and 36 NE 2nd Street (Digital Realty).

LIGHTPATH CONTINUES RAPID EXPANSION IN MIAMI

NEW YORK--(BUSINESS WIRE)--Altice USA (NYSE: ATUS) today announces that Dennis Mathew, CEO will participate in the upcoming SVB MoffettNathanson's Inaugural Technology, Media, and Telecom Conference on Wednesday May 17, 2023. The fireside chat is scheduled to begin at 3:00 p.m. ET. For 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 States, delivering broadband, video, mobile,.

Altice USA to Participate in Upcoming SVB MoffettNathanson's Inaugural Technology, Media, and Telecom Conference

NEW YORK--(BUSINESS WIRE)--Altice USA (NYSE: ATUS) today announces that Michael Olsen has been named General Counsel and Chief Corporate Responsibility Officer effective immediately. In this newly created role, he will lead the company's Legal team as well as the Government and Regulatory Affairs, Community Affairs, and ESG teams, and continue to report to Chief Executive Officer Dennis Mathew. Serving as Executive Vice President, General Counsel and Board Secretary since 2019, Mr. Olsen assume.

Altice USA Elevates Michael Olsen to General Counsel and Chief Corporate Responsibility Officer

Altice's (ATUS) first-quarter 2023 results reflect the adverse impact of a challenging macroeconomic environment and business uncertainties.

Altice's (ATUS) Q1 Earnings Beat Estimates, Revenues Falter

Altice USA, Inc. (NYSE:ATUS ) Q1 2023 Results Conference Call May 3, 2023 4:30 PM ET Company Participants Nick Brown - EVP, Corporate Finance and Development Dennis Mathew - CEO Marc Sirota - CFO Conference Call Participants Phil Cusick - JPMorgan Brett Feldman - Goldman Sachs Craig Moffett - MoffettNathanson Doug Mitchelson - Credit Suisse John Hodulik - UBS Ben Swinburne - Morgan Stanley Jonathan Chaplin - New Street Kannan Venkateshwar - Barclays Peter Supino - Wolfe Research Michael Rollins - Citi Operator Greetings, and welcome to the Altice USA First Quarter 2023 Results Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.

Altice USA, Inc. (ATUS) Q1 2023 Earnings Call Transcript

Altice USA, Inc. (ATUS) came out with quarterly earnings of $0.06 per share, beating the Zacks Consensus Estimate of $0.05 per share. This compares to earnings of $0.43 per share a year ago.

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

NEW YORK--(BUSINESS WIRE)--Altice USA (NYSE: ATUS) today reports results for the first quarter ended March 31, 2023. Dennis Mathew, Altice USA Chief Executive Officer, said: "Altice USA's first quarter results reflect a continuation of the strategy we introduced in February centered on growing our broadband and mobile businesses to set a path to return to sustainable customer, revenue, and cash flow growth. The Company made significant progress in driving key initiatives to increase the reliabi.

Altice USA Reports First Quarter 2023 Results

NEW YORK--(BUSINESS WIRE)--Peanut butter + Jelly. Mario + Luigi. Spaghetti + Meatballs. Pairings that just make sense together. And now at Altice USA's (NYSE: ATUS) Optimum, the company is introducing the newest iconic duo – our converged internet + mobile offering, Optimum Complete. Today, Optimum is harnessing the power of its superior fiber to the home networks and full connectivity product portfolio to launch Optimum Complete, a simple and seamless way for customers to stay connected at hom.

Introducing Optimum Complete: Combining Optimum's Most Powerful Connectivity Products, Internet + Mobile, Unleashing Great Savings for Consumers

Magic Empire Global Ltd

Opendoor

Use these lessons to help make money with penny stocks The post Top Lessons to Know When Trading Penny Stocks appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.

News for Altice USA Stock (ATUS)