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$2.79Last Dividend
$2.04Annual ROE
-12.60%Annual Debt To Equity
-58.85Beta
1.13Events Calendar
Next earnings date:
Feb 13, 2025Recent quarterly earnings:
Nov 4, 2024Recent annual earnings:
Feb 14, 2024Next ex-dividend date:
N/ARecent ex-dividend date:
Jun 7, 2018Next split:
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Company Introduces LightCube Edge Data Centers and Plans to Construct 4 Units Along NYC-Ashburn Route to Address Demand from Edge Compute and Other AI-Related Projects NEW YORK , Feb. 4, 2025 /PRNewswire/ -- Lightpath , an all-fiber, infrastructure-based connectivity provider revolutionizing how organizations connect to their digital destinations, announced the company has closed the transaction to acquire substantially all of the assets of United Fiber and Data (UFD). The company also introduced LightCube Edge Data Centers that will be first deployed along its NYC-Ashburn strategic network route.
Major Infrastructure Solutions to be Headed by EVP Tim Haverkate Joe Harding Joins Company as President of Core Infrastructure & Networking Solutions NEW YORK , Jan. 21, 2025 /PRNewswire/ -- Lightpath , an all-fiber infrastructure-based connectivity provider that is revolutionizing how organizations connect to their digital destinations, announced the launch of two distinct performance units: Major Infrastructure Solutions for large-scale connectivity, and Core Infrastructure and Network Solutions for connecting enterprise customers to their digital destinations. Lightpath launches two new performance units to respond to AI demand for both large-scale and enterprise businesses.
ATUS is focused on expanding its fiber network for increased market penetration and long-term sustainable growth.
The parent company of one of West Virginia's largest internet providers has reached a settlement with the state to resolve thousands of consumer complaints.
The ongoing saga between MSG Networks and Altice — the parent company of Optimum — has taken another turn.
Altice terminates its carrier agreement with MSG Networks to provide more flexible and affordable content packages for its customers.
MSG Networks, the channels that play local games for New York-area teams including the New York Knicks, went dark for Altice USA's Optimum cable TV customers early Wednesday. The blackout occurred due to a carriage dispute over fees between the cable TV operator and James Dolan's regional sports network.
ATUS plans to bring 100% fiber broadband to more than two-thirds of its footprint over the next few years.
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.
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