Altice USANYSE: ATUS

Altice USA, Inc. (ATUS) Q3 2024 Earnings Call Transcript

The headline numbers for Altice USA (ATUS) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

NEW YORK--(BUSINESS WIRE)--Optimum is ushering in a new era for Optimum TV with the announcement of Extra TV and Everything TV, two new video packages that provide customers with more choice, flexibility and value when choosing their desired TV content. Launching on November 4, these packages come on the heels of the company's introduction of Entertainment TV, a low-cost, high-quality internet streaming TV package, earlier this year. Together, Entertainment TV, Extra TV, and Everything TV make.

Altice USA (ATUS) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Bharti Global, founded by billionaire Sunil Bharti Mittal, has agreed to buy a major stake in BT from shareholder Altice UK, part of Patrick Drahi's troubled telecommunications empire, a deal that will bolster the Indian company's international expansion while giving the British carrier more investor stability. Bloomberg's PR Sanjai reports.

BT, the U.K.'s former incumbent telecoms carrier, is picking up a major new investor today as telecoms companies look for stronger footing in the rapidly-shifting technology and communications market. Bharti, the Indian tech and telecoms giant that owns Airtel among other assets, said it would purchase a 24.5% stake currently owned by Altice.

Altice (ATUS) reports top-line contraction year over year owing to demand softness in several segments amid macroeconomic headwinds.

Altice USA, Inc. (NYSE:ATUS ) Q2 2024 Earnings Call Transcript August 1, 2024 8:30 AM ET Company Participants Sarah Freedman - IR Dennis Mathew - Chairman and CEO Marc Sirota - CFO Conference Call Participants Frank Louthan - Raymond James Kutgun Maral - Evercore ISI Michael Rollins - Citibank Craig Moffett - Moffett Nathanson Sebastiano Petti - JPMorgan Jessica Reif Ehrlich - Bank of America MaryAnne Zhao - Morgan Stanley Operator Hello, and welcome to the Altice USA Q2 2024 Results Conference Call and Webcast. [Operator Instructions] A question-and-answer session will follow the formal presentation.

While the top- and bottom-line numbers for Altice USA (ATUS) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.