Altice USA(ATUS)
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Altice USA(ATUS) - 2023 Q4 - Annual Report
2024-02-14 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to | --- | --- | --- | |----------------------------|------------------------------------------------------------------------------|------------------------------- ...
Altice USA, Inc. (ATUS) Q4 Earnings Preview: What You Should Know Beyond the Headline Estimates
Zacks Investment Research· 2024-02-12 15:22
The upcoming report from Altice USA, Inc. (ATUS) is expected to reveal quarterly earnings of $0.07 per share, indicating an increase of 116.3% compared to the year-ago period. Analysts forecast revenues of $2.29 billion, representing a decrease of 3.4% year over year.Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Before a company reveals its earnings, it ...
Altice USA, Inc. (ATUS) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Zacks Investment Research· 2024-02-07 16:06
The market expects Altice USA, Inc. (ATUS) to deliver a year-over-year increase in earnings on lower revenues when it reports results for the quarter ended December 2023. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on February 14, 2024, might help the stock move higher if these key num ...
Q1's Rising Stars: 3 Penny Stocks for Your Must-Watch List
InvestorPlace· 2024-01-24 14:11
In the ever-changing world of the stock market, identifying investment opportunities that add value to our portfolio can be a constant search guided by thorough research and strict criteria. Already the first quarter of the new year is upon us and this year’s investment opportunities have arrived with it. This backdrop has led to the emergence of these penny stocks to buy.Here are three penny stocks worth considering adding to your portfolio, let’s take a look.Blink Charging (BLNK)Source: shutterstock.com/D ...
Altice USA to Hold Conference Call to Discuss Q4 and Full Year 2023 Results
Businesswire· 2024-01-19 21:05
NEW YORK--(BUSINESS WIRE)--Altice USA (NYSE: ATUS) will host a conference call on Wednesday, February 14, 2024 at 4:30 p.m. ET to discuss financial and operating results for the fourth quarter and full year ended December 31, 2023. A press release reporting the results will be issued at 4:05 p.m. ET. The call will be led by Dennis Mathew, Chairman and CEO, and Marc Sirota, CFO. Dial-in Access Telephone Numbers: Participant Dial-In: 877-404-9653 / +1 201-689-8856 A live webcast of the presentation will b ...
Altice USA(ATUS) - 2023 Q3 - Earnings Call Transcript
2023-11-02 01:49
Altice USA, Inc. (NYSE:ATUS) Q3 2023 Earnings Conference Call November 1, 2023 4:30 PM ET Company Participants Sarah Freedman - IR Dennis Mathew - CEO & Chairman Marc Sirota - CFO Conference Call Participants Philip Cusick - JPMorgan Chase & Co. Kutgun Maral - Evercore ISI Jonathan Chaplin - New Street Research Craig Moffett - MoffettNathanson Jessica Ehrlich Cohen - Bank of America Merrill Lynch Brett Feldman - Goldman Sachs Group Operator Greetings, and welcome to the Altice USA Third Quarter 2023 Results ...
Altice USA(ATUS) - 2023 Q3 - Quarterly Report
2023-10-31 16:00
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 September 30, 2023 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 ...
Altice USA(ATUS) - 2023 Q2 - Earnings Call Presentation
2023-08-10 07:55
Altice USA Q2 2023 Results Disclaimer FORWARD-LOOKING STATEMENTS Certain statements in this presentation constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, all statements other than statements of historical facts contained in this presentation, including, without limitation, those regarding our intentions, beliefs or current expectations concerning, among other things: our future ...
Altice USA(ATUS) - 2023 Q2 - Earnings Call Transcript
2023-08-03 02:45
Financial Data and Key Metrics Changes - Total revenues declined by 5.6% year-over-year, driven by declines in Residential and News and Advertising businesses [40] - Residential revenue was down 5.7% year-over-year, primarily due to cumulative video and broadband subscriber losses [40] - Business Services revenues declined by 1.9% year-over-year, with SMB and other segments down 2% [40] - Operating costs decreased sequentially from Q1 and from the peak in Q4 2022, contributing to improved margin trends [31][42] - Adjusted EBITDA margin increased by 180 basis points compared to the prior quarter, marking the first quarter of sequential margin expansion in 8 quarters [43] Business Line Data and Key Metrics Changes - For the first time in 5 quarters, broadband net adds improved year-over-year, with net losses of 37,000 compared to 39,000 in Q2 2022 [30][33] - Optimum Mobile added 16,000 lines in Q2, with a significant increase in mobile attachment rates for new broadband customers [36] - Fiber customer additions reached 40,000 in Q2, with a total of 250,000 fiber customers by the end of the quarter [37] Market Data and Key Metrics Changes - The company is experiencing increased competition from fixed wireless and fiber overbuilders, particularly in the West, where competition has grown to 30%-35% [54] - The housing market slowdown and low move environment continue to impact subscriber trends [34] Company Strategy and Development Direction - The company is focused on executing its strategy to enhance customer experience and operational efficiency, with a new regional market structure to drive local responsiveness [8][9] - The launch of Optimum Complete, a converged internet and mobile offer, aims to improve customer stickiness and lifetime value [10][12] - The company is pausing some capital expenditures to conduct an internal investigation related to procurement practices, which may impact fiber construction targets in the short term [28] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about returning to sustainable broadband and cash flow growth, citing improvements in customer satisfaction metrics and operational efficiencies [6][26] - The company is committed to conducting business with integrity and is actively reviewing supplier relationships amid ongoing investigations [29] Other Important Information - The company launched ultrafast 8-Gig Symmetrical Fiber Internet, solidifying its position as the largest 8-Gig Internet provider in the U.S. [5] - The new My Optimum app was rolled out to enhance customer service and experience [19] Q&A Session Summary Question: Insights on CapEx during reevaluation phase - Management indicated that they anticipate completing at least 600,000 passings for fiscal 2023, with a potential reduction of $100 million to $200 million in capital intensity [50] Question: Competition from fixed wireless and fiber - Management noted aggressive competition from fixed wireless and increased fiber overbuilder competition, but expressed confidence in their competitive positioning with Optimum Complete [53][54] Question: Subscriber trends in East vs. West - Management reported some year-over-year improvement in subscriber trends in the East, while facing challenges in the West due to macroeconomic factors [78]
Altice USA(ATUS) - 2023 Q2 - Quarterly Report
2023-08-02 16:00
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 June 30, 2023 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, Inc ...