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 Q4 2020

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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.

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NEW YORK--(BUSINESS WIRE)--Altice USA (NYSE: ATUS) today reports results for the third quarter ended September 30, 2022.

Altice USA Reports Third Quarter 2022 Results

Subterranean Network in Miami Will Be Customer-Ready in January 2023 NEW YORK and MIAMI , Nov. 2, 2022 /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 Miami market for fiber connectivity solutions with a 135-mile, all-fiber network throughout the Miami Metro region. Miami marks the second major east coast market that Lightpath has entered over the past 16 months, following Boston in June of 2021.

LIGHTPATH ENTERS THE MIAMI CONNECTIVITY MARKET WITH 135-MILE ALL-FIBER NETWORK THROUGHOUT REGION

NEW YORK--(BUSINESS WIRE)--Altice USA (NYSE: ATUS) will host a conference call on Wednesday, November 2, 2022 at 4:30 p.m.

Altice USA to Hold Conference Call to Discuss Q3 2022 Results

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Vodafone Group

Vodafone Group PLC has said it is creating a joint venture with Altice to deploy fibre-to-the-home (FTTH) to up to 7 million homes in Germany over a six-year period. The FTSE 100-listed firm said the partnership with Altice is complementary to its clear upgrade plans for its existing hybrid fibre cable network in the country.

Vodafone creates joint venture with Altice to deploy fibre-to-the-home in Germany

Britain's Vodafone and France's Altice said they would create a joint venture in Germany named FibreCo to provide faster fibre broadband to up to 7 million homes over a six-year period.

Vodafone and Altice in German tie-up to bring fibre broadband to homes

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Altice (and the entire cable industry) is facing increased competition from fiber and fixed wireless access (FWA). A period of aggressive cost-cutting and underinvestment put Altice in a weaker competitive position.

Altice USA: A Private Equity Mentality Is Required

Company Enters Princeton Market with new 54-mile, All-Fiber Network NEW YORK , Sept. 14, 2022 /PRNewswire/ -- Lightpath , an all-fiber, infrastructure-based connectivity provider that is revolutionizing how organizations connect to their digital destinations, today announced the completion of a new, 54-mile build of its all-fiber network in Princeton, NJ that marks its entrance into the market.

Lightpath Completes Network Build Marking Entrance into Princeton, NJ

NEW YORK--(BUSINESS WIRE)--Altice USA (NYSE: ATUS) today announces that its Board of Directors has appointed Dennis Mathew to the position of Chief Executive Officer, effective October 3, 2022. Mr. Mathew assumes the CEO role from Dexter Goei who has been named Executive Chairman of the Board of Directors, also effective October 3, 2022. All of Mr. Goei's direct reports will report to Mr. Mathew on the effective date. Founder and current Chairman of the Board, Patrick Drahi, will remain a Direc

Altice USA Appoints Dennis Mathew Chief Executive Officer; Names Dexter Goei Executive Chairman of the Board

New 70+ Route Mile Fiber Build Connects Trumbull and Norwalk, CT to Katonah, NY NEW YORK , Sept. 7, 2022 /PRNewswire/ -- Lightpath , an all-fiber, infrastructure-based connectivity provider that is revolutionizing how organizations connect to their digital destinations, announced the expansion of its next-generation network throughout western Connecticut.

Lightpath Announces Connecticut Network Expansion

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

Why Is Altice USA, Inc. (ATUS) Down 13.2% Since Last Earnings Report?

Altice may look to draft off potential sale of WideOpenWest to get higher valuation for Suddenlink cable assets, sources say.

Altice USA targeting private equity infrastructure funds in early Suddenlink sale negotiations, sources say

Altice's (ATUS) second-quarter 2022 results reflect progress on growth strategies by accelerating the network enhancement and customer experience.

Altice (ATUS) Surpasses Q2 Earnings & Revenue Estimates

Altice USA, Inc. (NYSE:ATUS ) Q2 2022 Earnings Conference Call August 3, 2022 4:30 PM ET Company Participants Nick Brown - SVP-Corporate Finance and Development Dexter Goei - Chief Executive Officer Mike Grau - Chief Financial Officer Conference Call Participants Phil Cusick - JP Morgan Jonathan Chaplin - New Street Research Brett Feldman - Goldman Sachs Craig Moffett - Moffett Nathanson Kutgun Maral - RBC James Ratcliffe - Evercore ISI Peter Supino - Wolfe Research KannanVenkateshwar - Barclays Steven Cahall - Wells Fargo Ben Swinburne - Morgan Stanley Bryan Kraft - Deutsche Bank Doug Mitchell - Credit Suisse Matthew Harrigan - Benchmark Operator Greetings and welcome to the Altice USA Second Quarter 2022 Earnings Results Conference Call. At this time, all participants are in a listen-only mode.

Altice USA, Inc.'s (ATUS) CEO Dexter Goei on Q2 2022 Results - Earnings Call Transcript

Altice USA, Inc. (ATUS) delivered earnings and revenue surprises of 6.06% and 0.52%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

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

NEW YORK--(BUSINESS WIRE)--Altice USA (NYSE: ATUS) today reports results for the second quarter ended June 30, 2022. Dexter Goei, Altice USA Chief Executive Officer, said: “In the second quarter, we began to see the benefits of our investments against our growth initiatives. Our fiber network deployment accelerated at a faster pace than we have ever achieved, reaching 1.6 million passings, and we surpassed 100,000 fiber customers. We launched multi-Gig speeds on our fiber network, positioning O

Altice USA Reports Second Quarter 2022 Results

NEW YORK--(BUSINESS WIRE)--Today, Altice USA (NYSE: ATUS) announces that its Suddenlink brand has rebranded to Optimum, bringing the company's telecommunications products and services under one unified brand across its entire footprint. Today also marks the introduction of Optimum's new nationwide brand campaign, “Get Closer, Go Farther” with a new look and feel, tagline, and mission unveiled to customers. “Get closer and go farther. That's our Optimum brand promise and what we aim to deliver t

Suddenlink is Now Optimum

While a deal valuing a significant portion, or all of, Suddenlink at 15x EBITDA would be great for shareholders, the valuation appears to be at least 15% too high. Over the last few years, 10-13x multiples have been where many deals were completed, so comps lead us to believe a lower multiple is needed to complete a transaction.

Altice USA's Valuation Of Suddenlink In Potential Sale Seems Rich

Altice USA, Inc. (ATUS) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

Altice USA, Inc. (ATUS) Stock Jumps 22.3%: Will It Continue to Soar?

Shares of Altice USA Inc. ATUS, +23.64% were spiking in Thursday afternoon trading after Bloomberg News reported that the company was looking into a sale of its Suddenlink cable business, which operates in states including Arizona, California, and Texas. The business could sell for up to $20 billion, according to the report, though it is not determined yet whether Altice will proceed with a deal.

Altice USA stock surges after report details sale possibility for Suddenlink business

Altice USA, Inc. (ATUS) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Can Altice USA, Inc. (ATUS) Keep the Earnings Surprise Streak Alive?

NEW YORK--(BUSINESS WIRE)--Altice USA (NYSE: ATUS) will host a conference call on Wednesday, August 3, 2022 at 4:30 p.m. EDT to discuss financial and operating results for the first quarter ended June 30, 2022. 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 Dial-In: 877-404-9653 / +1 201-689-8856 A live webcast of the presentation will be available on the follow

Altice USA to Hold Conference Call to Discuss Q2 2022 Results

NEW YORK--(BUSINESS WIRE)--Optimum and Suddenlink, brands of Altice USA (NYSE: ATUS), today announce that households that enroll in the Federal Government's Affordable Connectivity Program (ACP) can receive 300 Mbps home internet service at no cost after the program's up to $30 monthly credit is applied. Previously, the company offered a 100 Mbps internet service free for eligible customers, now tripling the speeds as part of this program. Altice USA was one of 20 internet providers recognized

Optimum and Suddenlink Boost Broadband Speeds as part of Affordable Connectivity Program, Now Providing 300 Mbps Speeds for Free

WALTHAM, Mass.--(BUSINESS WIRE)--Altice to deploy Netcracker's cloud-native BSS in the public cloud for affiliates in Portugal, France, Israel, the U.S. and the Dominican Republic.

News for Altice USA Stock (ATUS)