Profile
Sector:
Communication ServicesIndustry:
Telecom ServicesCountry:
United StatesIPO:
22 June 2017Website:
http://www.alticeusa.comNext earnings report:
14 February 2025Last dividends:
07 June 2018Next dividends:
N/APrice
regular market | 3 min agoDividend
Analysts recommendations
Institutional Ownership
ATUS Latest News
NEW YORK--(BUSINESS WIRE)--Today Optimum, a brand of Altice USA (NYSE: ATUS), announces the milestone of 500,000 residential customers on its 100% Fiber Internet network. Available to over 2.9 million homes passed across the company's fiber footprint in New York, New Jersey, and Connecticut, Optimum delivers symmetrical multi-gigabit speeds of up to 8 Gig through Optimum Fiber alongside access to mobile, TV, and home phone services. This milestone announcement comes as Optimum has been expandin.
Altice USA, Inc.'s Q3 earnings report showed a revenue decline of 3.9% y/y, missing estimates, with GAAP EPS at a loss of $-0.09, also missing expectations. The company's significant $25B debt, low free cash flow, and declining key metrics raise concerns about its ability to achieve a successful turnaround. Management's optimistic milestones, including fiber network growth and new TV bundles, may not suffice against fierce competition and the ongoing trend of cord-cutting.
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.
What type of business is Altice USA?
Altice USA, Inc. is an operator that provides cable television, telephone, mobile communication, and internet access services. The company was founded on September 14, 2015. The headquarters are located in New York. The company is one of the largest cable television providers. Services are provided through an extensive fiber-optic broadband network (HFS) that allows data transmission at speeds of 1Gbit. In addition to this network, Altice USA Inc. is developing a fiber-to-the-home network (FTTH) that allows data transmission at speeds of 10Gbit. Home connectivity is provided through Altice One - an innovative integrated platform with a sophisticated user interface that combines a set-top box, wireless internet router, and cable modem in one device.
What sector is Altice USA in?
Altice USA is in the Communication Services sector
What industry is Altice USA in?
Altice USA is in the Telecom Services industry
What country is Altice USA from?
Altice USA is headquartered in United States
When did Altice USA go public?
Altice USA initial public offering (IPO) was on 22 June 2017
What is Altice USA website?
https://www.alticeusa.com
Is Altice USA in the S&P 500?
No, Altice USA is not included in the S&P 500 index
Is Altice USA in the NASDAQ 100?
No, Altice USA is not included in the NASDAQ 100 index
Is Altice USA in the Dow Jones?
No, Altice USA is not included in the Dow Jones index
When was Altice USA the previous earnings report?
No data
When does Altice USA earnings report?
The next expected earnings date for Altice USA is 14 February 2025