Altice USA Inc. (ATUS) subsidiary Lightpath is enhancing its cybersecurity capabilities through a new collaboration with Radware Ltd. (RDWR) , a leading provider of cybersecurity and application delivery solutions. Under a managed security service provider (MSSP) agreement, Lightpath is integrating Radware’s AI-powered DefensePro DDoS Protection to offer a robust DDoS scrubbing service to its customers, aiming to address the evolving landscape of cyber threats.Lightpath's decision to leverage Radware’s adva ...

MAHWAH, N.J., May 14, 2024 (GLOBE NEWSWIRE) -- Radware® (NASDAQ:RDWR), a leading provider of cyber security and application delivery solutions, today announced it signed a managed security service provider (MSSP) agreement with Lightpath, an all-fiber, infrastructure-based connectivity provider. Based on the agreement, Lightpath is leveraging Radware's AI-powered DefensePro® DDoS Protection to offer customers a DDoS scrubbing service designed to combat today's increasingly complex threats. "Radware takes a ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Commission File Number Registrant; State of Incorporation; Address and Telephone Number IRS Employer Identification No. FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to 001-38126 38-3980194 Altice USA, In ...

Altice USA, Inc. (NYSE:ATUS) Q1 2024 Earnings Conference Call May 2, 2024 8:30 AM ET Company Participants Sarah Freedman - Investor Relations Dennis Mathew - Chairman and Chief Executive Officer Marc Sirota - Chief Financial Officer Conference Call Participants Kutgun Maral - Evercore ISI Gregory Williams - TD Cowen Jonathan Chaplin - New Street Jessica Reif Ehrlich - Bank of America Frank Louthan - Raymond James Sebastiano Petti - JPMorgan Arun Seshadri - BNP Paribas Operator Greetings and welcome to the A ...

Altice USA, Inc. (ATUS) reported $2.25 billion in revenue for the quarter ended March 2024, representing a year-over-year decline of 1.9%. EPS of -$0.05 for the same period compares to $0.06 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $2.23 billion, representing a surprise of +0.74%. The company delivered an EPS surprise of -600.00%, with the consensus EPS estimate being $0.01.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- ...

Altice USA, Inc. (ATUS) came out with a quarterly loss of $0.05 per share versus the Zacks Consensus Estimate of $0.01. This compares to earnings of $0.06 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -600%. A quarter ago, it was expected that this company would post earnings of $0.07 per share when it actually produced a loss of $0.26, delivering a surprise of -471.43%.Over the last four quarters, the company has surpassed ...

EXHIBIT 99.1 ALTICE USA REPORTS FIRST QUARTER 2024 RESULTS Focus on Customer Profitability: Improved Financial Trends in Customer ARPU and Revenue Growth in Fiber Customer Net Adds and Mobile Line Net Adds Positive Trends in Customer Experience, Network, and Operations NEW YORK (May 2, 2024) -- Altice USA (NYSE: ATUS) today reports results for the first quarter ended March 31, 2024. Dennis Mathew, Altice USA Chairman and Chief Executive Officer, said: "Our first-quarter results are reflective of the progres ...

Wall Street expects a year-over-year decline in earnings on lower revenues when Altice USA, Inc. (ATUS) reports results for the quarter ended March 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on May 2. On ...

Group 1: Company Initiatives - Optimum, a brand of Altice USA, Inc. (ATUS), launched a new brand platform and marketing campaign emphasizing its commitment to local communities and advanced technological capabilities [1] - Over the past 18 months, Optimum has invested in upgrading its broadband network infrastructure, extending 1 Gig service to over 96% of its coverage area and offering multi-gigabit symmetrical speeds of up to 8 Gig to over 2.7 million passings [2] - The introduction of advanced connectivity products such as Optimum Fiber, Optimum Stream, and Optimum Mobile has bolstered Optimum's commercial prospects [2] Group 2: Market Position and Strategy - The campaign aims to combine the connectivity resources of a large national provider with the personalized care of a small business, reflecting a customer-centric ethos [3] - Altice has experienced declining trends in the Residential segment recently, and the refreshed visual identity aims to reverse this negative trend [3] - Altice is witnessing strong momentum in customer penetration, typically reaching about 40% within a year of rollout in new-build areas, although competition is straining margins [3] Group 3: Financial Performance - The stock of Altice has lost 20% over the past year, contrasting with the industry's growth of 40.4% [5]

Core Viewpoint - Altice USA, Inc. reported mixed fourth-quarter 2023 results, with revenue exceeding estimates but net income falling short, indicating challenges in certain segments while showing growth in others [2][3]. Financial Performance - The company reported a net loss of $117.8 million or 26 cents per share, an improvement from a loss of $193.1 million or 43 cents per share in the prior-year quarter, aided by tax benefits and lower operating expenses [3]. - Total revenues for the quarter were $2.3 billion, down from $2.36 billion year-over-year, but exceeded the consensus estimate by $13 million [4]. - For the full year 2023, net sales totaled $9.23 billion, a decrease from $9.64 billion in 2022 [4]. Segment Performance - Residential revenues, which include Broadband, Video, and Telephony, were $1.79 billion, down from $1.83 billion year-over-year, primarily due to the loss of higher ARPU video customers [6]. - Business services and wholesale revenues increased to $372 million from $368.4 million in the year-ago quarter, driven by growth in Lightpath revenues [5]. - News and Advertising revenues fell to $128.1 million from $151.8 million year-over-year, attributed to lower political advertising revenues [5]. Customer Metrics - FTTH broadband net additions exceeded 46,000 in the quarter, with total fiber broadband customers reaching 341,000 [5]. - The company had 2.73 million FTTH passings at the end of the quarter, with 14,900 added in the September-December period [4]. - Optimum Mobile subscriber growth reached 322,000 customers, representing a 7.1% penetration of the total broadband customer base [7]. Cash Flow and Debt - In 2023, Altice generated $1.82 billion in cash from operating activities, down from $2.36 billion in 2022 [9]. - As of December 31, 2023, the company's net debt stood at $24.82 billion [9]. Market Outlook - Estimates for Altice have trended downward, with a consensus estimate shift of -108.7% noted [9]. - The company holds a Zacks Rank 3 (Hold), indicating expectations for an in-line return in the coming months [11]. Industry Comparison - Altice USA, Inc. operates within the Zacks Communication - Components industry, where competitor Arista Networks reported a revenue increase of 20.8% year-over-year, highlighting contrasting performance within the sector [12].