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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Shares of Altice USA Inc. extended their slide Friday toward a record low, after an analyst chimed in with what he said was an “overdue” downgrade.

The Ratings Game: Altice USA stock extends slide toward record low as analyst says now isn't the time for ‘highly levered fix-it stories'

The Altice USA (NYSE: ATUS) stock is trending today. This is why.

Altice USA (ATUS) Stock: Why Its Trending Today

The company's Q4 numbers weren't bad, but investors were clearly concerned about high costs going forward.

Why Altice USA Stock Tanked on Thursday

Altice's (ATUS) fourth-quarter 2021 results reflect progress on growth strategies by accelerating the network enhancement and customer experience.

Altice (ATUS) Surpasses Q4 Earnings & Revenue Estimates

Altice USA, Inc. (ATUS) CEO Dexter Goei on Q4 2021 Results - Earnings Call Transcript

Altice USA, Inc. (ATUS) delivered earnings and revenue surprises of 9.80% and 0.26%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Altice USA, Inc. (ATUS) Q4 Earnings and Revenues Top Estimates

NEW YORK--(BUSINESS WIRE)--Altice USA (NYSE: ATUS) today reports results for the fourth quarter and full year ended December 31, 2021. Dexter Goei, Altice USA Chief Executive Officer, said: "We are pleased to conclude 2021 having made progress on our growth strategies by accelerating the enhancements of our network, product and customer experience. We see customer trends improving as we continue the expansion of our sales distribution channels and recently launched our planned competitive conve

Altice USA Reports Fourth Quarter and Full Year 2021 Results

NEW YORK--(BUSINESS WIRE)--Altice USA (NYSE: ATUS) today announces an acceleration of its fiber deployment strategy over the next four years across its Optimum and Suddenlink footprint, expecting to reach 6.5 million passings by the end of 2025. This new fiber expansion in Suddenlink coupled with the continued fiber build in Optimum will position the Company to pass more than two thirds of its entire footprint with 100% fiber broadband over the next four years, including approximately 2.5 milli

Altice USA Announces Acceleration in Fiber Deployment Strategy; Announces Multi-Year Plan to Bring 100% Fiber Broadband to More Than 6.5 Million Passings Across the Optimum and Suddenlink Footprint

NEW YORK--(BUSINESS WIRE)--Altice USA (NYSE: ATUS) will host a conference call on Wednesday, February 16, 2022 at 4:30 p.m. EST to discuss financial and operating results for the fourth quarter and full year ended December 31, 2021. 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 Full Year 2021 Results

Altice USA, Inc. (ATUS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Altice USA, Inc. (ATUS) Q4 Earnings Expected to Decline

Altice Europe NV has ditched a plan to sell its Portuguese business after private equity bids failed to meet price expectations, leaving founder Patrick Drahi with no viable exit for the country's largest telecoms firm, three sources told Reuters.

Altice calls off Portugal sale over valuation row with buyout funds - sources

NEW YORK--(BUSINESS WIRE)--Altice USA (NYSE: ATUS) today announces that Keith Bowen has been named President of Altice News & Advertising, effective immediately, assuming the role from Jon Steinberg, who will depart the company in the spring. In addition, Kristin Malaspina has been named General Manager of Cheddar News & SVP, Distribution, Altice News. Bowen, who previously served as Chief Revenue Officer for Altice News & Advertising, will now have oversight over Altice USA news br

Keith Bowen Elevated to President of Altice News & Advertising

NEW YORK--(BUSINESS WIRE)--Altice USA (NYSE: ATUS) announces today plans to distribute $1 million in support of students and teachers across its Optimum and Suddenlink footprint through a partnership with education nonprofit DonorsChoose. The effort is aimed at funding classroom projects, organized by public school teachers, that will enable access to tools, technology and experiences that support student success. Employees of the company will aid in allocating the donations to ensure the progr

Altice USA Donates $1 Million to Thousands of Local Schools and Classrooms to Help Them Stay Connected This School Year

NEW YORK, Jan. 18, 2022 /PRNewswire/ -- Ampersand, the audience-first TV advertising sales and technology company, announced today a multi-faceted partnership with leading Linear TV distributor, Altice USA. Ampersand becomes the exclusive seller of Altice's national Addressable inventory and will also integrate aggregated set-top box data insights from two million Altice households with a commitment to protecting personal information into its AND Platform for both local and national Addressable TV planning, buying and measurement.

Altice Taps Ampersand as Exclusive Seller of National Addressable Inventory

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Librarian Capital's Monthly Top Buys And Price Moves - January 2022

Wolfe Research analyst John Janedis downgraded Charter Communications Inc (NASDAQ:CHTR) and Altice USA Inc (NYSE:ATUS). Janedis downgraded Charter to Underperform from Peer Perform with a price target of $621, down from $712, implying a 4.8% downside.

Read Why Wolfe Research Downgraded Charter, Altice USA

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NEW YORK--(BUSINESS WIRE)--Altice USA (NYSE: ATUS) today announces that Lee Schroeder, Altice USA's Executive Vice President of Government & Community Affairs and Chief Diversity Officer, will be leaving the company in July 2022. The Community Affairs and Chief Diversity Officer roles will be assumed by Lisa Gonzalez Anselmo, Altice USA's Executive Vice President of Communications, and she will continue to report to the company's CEO Dexter Goei. The company will look to appoint a new head

Altice USA Announces Government Affairs Leadership Update

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Altice, the vehicle of French billionaire Patrick Drahi has increased its stake in BT to 18% but reiterated it was not interested in making a full takeover bid. Under UK takeover rules, that statement means it is now not allowed to make an offer for the UK telco for another six months and echoes its comments when it acquired an initial 12% stake in June.

Altice ups stake in BT to 18% but again rules out bid

Shares of Altice USA Inc. ATUS, -5.33% took a 5.6% dive in midday trading Thursday toward a 3-year low, and the second-lowest close since going public in June 2017, after long-time bullish analyst Philip Cusick at J.P. Morgan downgraded the telecommunications company, citing signs of weak subscriber momentum at a time of increasing network investments.

Altice stock drops toward 3-year low after J.P. Morgan analyst backs away from long-time bullish stance

NEW YORK--(BUSINESS WIRE)--Altice USA (NYSE: ATUS) today announces that Dexter Goei, CEO, will participate in the upcoming UBS Global TMT Virtual Conference on Tuesday, December 7, 2021. The presentation will be held virtually and is scheduled to begin at 11:00am EST on Tuesday, December 7, 2021. To listen to a live webcast, please visit: link. About Altice USA Altice USA is one of the largest broadband communications and video services providers in the United States, delivering broadband, vide

Altice USA to Participate in Upcoming UBS Global TMT Virtual Conference

BT Group PLC (LSE:BT.A) shares perked up on Monday amid reports that French billionaire Patrick Drahi wants to up his shareholding in the former UK monopoly. Drahi, who owns France's Altice, currently owns a 12.1% stake in BT, which he bought this summer, making him the FTSE 100 company's largest shareholder above Deutsche Telekom, which owns 12.06%.

News for Altice USA Stock (ATUS)