Revenue Performance - Total revenue for the three months ended March 31, 2025, was $2,152,282, a decrease of $98,653 compared to $2,250,935 in the same period of 2024[134]. - Residential revenue accounted for approximately 77.6% of total revenue, totaling $1,668,240, down from $1,768,446 in the prior year[134]. - Broadband revenue decreased by $17,433 to $899,561, while mobile revenue increased by $11,806 to $36,699[134]. - For the three months ended March 31, 2025, the net loss was $71,271, compared to a net loss of $12,896 for the same period in 2024[135]. - Adjusted EBITDA for the three months ended March 31, 2025 was $799,014, down from $846,555 in 2024, representing a decrease of 5.6%[135]. - Video revenue decreased by $90,026 (12%) to $665,568 for the three months ended March 31, 2025, attributed to declines in video customers and higher customer credits[139]. - Telephony revenue decreased by $4,553 (6%) to $66,412 for the three months ended March 31, 2025, due to declines in telephony customers[140]. - Other revenue increased by $6,184 (52%) to $18,087 for the three months ended March 31, 2025, mainly due to higher mobile equipment sales[146]. Customer Metrics - Approximately 4.5 million residential and business customers are served across 21 states, with a total of 9.9 million passings as of March 31, 2025[119]. - Total customer relationships as of March 31, 2025 were 4,505.9 thousand, a decrease from 4,550.3 thousand in 2024, indicating a decline in customer base[137]. - Broadband revenue decreased by $17,433 (2%) to $899,561 for the three months ended March 31, 2025, primarily due to declines in broadband customers[138]. - Mobile service revenue increased by $11,806 (47%) to $36,699 for the three months ended March 31, 2025, driven by an increase in mobile customers[141]. Operating Income and Expenses - Operating income for the three months ended March 31, 2025, was $343,458, down from $393,154 in the same period of 2024, reflecting a decrease of $49,696[134]. - Programming and other direct costs were $670,531, a decrease of $73,356 from $743,887 in the same period of 2024[134]. - Other operating expenses increased by $23,936 (4%) to $698,186 for the three months ended March 31, 2025, driven by higher labor-related costs and marketing expenses[150][153]. - Restructuring, impairments, and other operating items for Q1 2025 totaled $21,622, a decrease of 58% from $51,253 in Q1 2024[154]. - Depreciation and amortization increased by $30,094 (8%) to $418,485 in Q1 2025 compared to $388,391 in Q1 2024, driven by asset additions and accelerated depreciation[155][156]. Cash Flow and Debt - Free Cash Flow (Deficit) was $(168,641) in Q1 2025, a decrease of $232,207 from $63,566 in Q1 2024, attributed to increased interest payments and capital expenditures[160][161]. - Net cash flows from operating activities were $189,707 in Q1 2025, down from $399,662 in Q1 2024[171]. - Net cash provided by operating activities decreased to $187,483 for the three months ended March 31, 2025, compared to $399,661 in 2024, reflecting a decrease of $212,178[199]. - Net cash used in investing activities increased to $363,549 for the three months ended March 31, 2025, compared to $335,777 in 2024[201]. - Financing activities generated net cash of $198,727 for the three months ended March 31, 2025, a significant improvement from $(80,876) in 2024[202]. - As of March 31, 2025, total outstanding debt for CSC Holdings and Lightpath is $25,299,643, with interest expense for the quarter amounting to $430,658[179]. - Total amounts payable related to outstanding obligations for CSC Holdings and Lightpath are projected to be $31,647,534, with significant payments due in 2027 totaling $8,716,046[180]. Future Outlook - The company is investing in its FTTH network to deliver multi-gig broadband speeds to meet growing data needs[127]. - The company expects programming costs to increase in the future, impacting operating expenses[126]. - The company expects to utilize free cash flow and revolving credit facilities to manage debt obligations and capital expenditures[176][177]. - Existing cash balances and operating cash flows are projected to support the company's operating plan and debt service requirements for the next twelve months[177]. Financial Controls - The company reported no changes in internal control over financial reporting that materially affected its operations during Q1 2025[212]. - The evaluation of disclosure controls and procedures concluded that they were effective as of March 31, 2025, according to the Chief Executive Officer and Chief Financial Officer[211].

Core Insights - Altice USA, Inc. reported a revenue of $2.15 billion for Q1 2025, reflecting a year-over-year decline of 4.4% and an EPS of -$0.16, compared to -$0.05 a year ago [1] - The revenue fell short of the Zacks Consensus Estimate of $2.16 billion by 0.48%, while the EPS was significantly below the consensus estimate of -$0.09, resulting in a surprise of -77.78% [1] Financial Performance Metrics - The stock of Altice USA has returned +8.2% over the past month, underperforming the Zacks S&P 500 composite's +11.3% change, and currently holds a Zacks Rank 5 (Strong Sell) [3] - Unique Residential Customer Relationships stood at 4.13 million, slightly below the average estimate of 4.16 million [4] - Unique SMB Customer Relationships were reported at 375.3 thousand, compared to the average estimate of 376.09 thousand [4] - Pay TV/Video Subscribers totaled 1.79 million, below the average estimate of 1.82 million [4] - Broadband Subscribers reached 3.96 million, slightly below the estimated 3.98 million [4] Revenue Breakdown - Residential revenue from Video was $665.57 million, significantly lower than the average estimate of $704.84 million, marking an 11.9% year-over-year decline [4] - Residential revenue from Broadband was $899.56 million, slightly above the estimate of $889.88 million, with a year-over-year change of -1.9% [4] - Telephony revenue was reported at $66.41 million, exceeding the estimate of $61.41 million, representing a -6.4% change year-over-year [4] - Total Residential revenue was $1.67 billion, below the average estimate of $1.69 billion, reflecting a -5.7% year-over-year change [4] - News and Advertising revenue was $102.41 million, surpassing the estimate of $99.04 million, with a -3.1% change year-over-year [4] - Other revenue increased to $18.09 million, exceeding the estimate of $16.91 million, representing a +52% year-over-year change [4] - Mobile revenue was $36.70 million, above the estimate of $33.46 million, with a year-over-year change of +47.4% [4] - Business services and wholesale revenue was $363.55 million, slightly above the estimate of $359.47 million, with a year-over-year change of -0.4% [4]

Financial Data and Key Metrics Changes - In Q1 2025, total revenue was approximately $2.2 billion, a decline of 4.4% year over year, driven by a 5.7% decrease in residential revenue [32] - Adjusted EBITDA for Q1 was $799 million, down 5.6% year over year, impacted by revenue decline but offset by programming savings [33] - Total gross margin expanded by 180 basis points year over year to 68.8%, reflecting a positive trend despite some non-recurring items [34] - Residential ARPU declined by 1.3% to $133.93, while broadband ARPU grew by 2.4% to $75.31, indicating stabilization efforts are taking effect [35][36] Business Line Data and Key Metrics Changes - Broadband subscriber net losses improved to 37,000 in Q1, with churn reaching the lowest levels in three years, showing effective base management [4][6] - Fiber net additions reached an all-time high of 69,000, with over 600,000 fiber customers and 20% penetration of the fiber network [5] - Mobile line net additions were 49,000, surpassing 500,000 mobile lines, indicating strong growth in mobile services [5] Market Data and Key Metrics Changes - The competitive landscape remains intense, particularly in the East with competition from established telcos and fixed wireless solutions [45] - In the West, gross additions remain challenged due to elevated competition from fiber overbuilders, but churn has improved year over year [31][49] - The company is focusing on income-constrained segments, with 75% of surveyed customers indicating challenges with monthly expenses [46] Company Strategy and Development Direction - The company aims to unlock revenue opportunities, drive operational efficiency, and enhance network capabilities while aligning capital structure with long-term goals [7] - A new income-constrained product was launched to address affordability challenges, targeting specific demographics in both East and West markets [46] - The company is enhancing its go-to-market strategies, particularly in multi-dwelling units (MDUs), to improve penetration and customer engagement [12][48] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in stabilizing broadband subscriber trends and achieving approximately $3.4 billion in adjusted EBITDA for 2025 [7][26] - The company is optimistic about the impact of new product offerings and improved customer experience on future performance [19][25] - Management acknowledged the challenges posed by macroeconomic factors but emphasized the effectiveness of their strategic initiatives [46][70] Other Important Information - The company is focused on optimizing programming agreements and has achieved nearly 69% gross margin in Q1 [6][27] - A partnership with Google Cloud was announced to enhance customer experience through AI technologies [23] - The company is actively managing its debt profile, with no maturities until 2027 and a liquidity of approximately $700 million [41] Q&A Session Summary Question: Can you provide context on the competitive landscape for your broadband business? - Management noted intense competition from established telcos and fixed wireless solutions, with a focus on addressing affordability challenges for customers [45][46] Question: What updates can you provide on the low-end product and insurance statistics for wireless subscribers? - The low-end product is being rolled out to 500,000 homes, with early data being monitored for effectiveness. Mobile device protection has achieved 10% penetration in the mobile base [54][56] Question: What drove the pause in discussions with bondholders? - Management indicated that negotiations concluded without an agreement, but they remain proactive in managing debt maturities [60][62] Question: How competitive is your pricing, and have you fully optimized your broadband pricing? - Management expressed confidence in their pricing strategies, leveraging AI for better local competition and product offerings [67][70]

Financial Data and Key Metrics Changes - In Q1 2025, total revenue was approximately $2.2 billion, a decline of 4.4% year over year, driven by a 5.7% decrease in residential revenue [32] - Adjusted EBITDA for Q1 was $799 million, down 5.6% year over year, with a total gross margin expanding by 180 basis points to 68.8% [33][34] - Residential ARPU declined by 1.3% to $133.93, while broadband ARPU grew by 2.4% to $75.31 [35][36] Business Line Data and Key Metrics Changes - Broadband subscriber net losses improved to 37,000, with churn reaching the lowest levels in three years [4][6] - Fiber net additions reached an all-time high of 69,000, with over 600,000 fiber customers and 20% penetration of the fiber network [5] - Mobile line net additions were 49,000, surpassing 500,000 mobile lines [5] Market Data and Key Metrics Changes - The competitive landscape remains intense, particularly in the East with competition from Verizon and fixed wireless providers [46] - In the West, gross additions faced challenges due to elevated competition from fiber overbuilders, but churn improved year over year [30][51] Company Strategy and Development Direction - The company aims to unlock revenue opportunities, drive operational efficiency, and enhance network quality while aligning capital structure with long-term goals [7][9] - A focus on hyper-local strategies and tailored offers is being implemented to address customer affordability challenges and competitive intensity [8][12] - The company is enhancing its product offerings, including Whole Home WiFi and new video packages, to strengthen its competitive profile [14][16] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in stabilizing broadband subscriber trends and achieving approximately $3.4 billion of adjusted EBITDA in 2025 [7][26] - The company is proactively managing debt maturities and exploring options to support long-term sustainability [42][43] Other Important Information - The company has entered into agreements to sell certain tower assets for approximately $60 million and the i24 news business to NEXT Alt [9][10] - Significant investments in technology and automation are being made to enhance operational efficiency and customer experience [21][23] Q&A Session Summary Question: Competitive landscape for broadband business - Management noted intense competition from telcos and fixed wireless providers, with a focus on new income-constrained products to address customer needs [45][46] Question: Updates on low-end product and insurance statistics - The low-end product is being rolled out to 500,000 homes, with mobile device protection achieving 10% penetration in the mobile base [56][58] Question: Status of bondholder discussions - Management confirmed that discussions with bondholders concluded without an agreement, but they are proactively managing debt maturities [63][65] Question: Competitiveness of pricing and broadband bundles - Management highlighted progress in pricing strategies and the ability to compete locally, with a focus on new hyper-local playbooks and income-constrained products [70][72]

Group 1: Earnings Performance - Altice USA reported a quarterly loss of $0.16 per share, which was worse than the Zacks Consensus Estimate of a loss of $0.09, and compared to a loss of $0.05 per share a year ago, indicating an earnings surprise of -77.78% [1] - The company posted revenues of $2.15 billion for the quarter ended March 2025, missing the Zacks Consensus Estimate by 0.48%, and down from $2.25 billion in the same quarter last year [2] - Over the last four quarters, Altice USA has not surpassed consensus EPS estimates and has consistently missed revenue estimates [2] Group 2: Stock Performance and Outlook - Altice USA shares have increased by about 10% since the beginning of the year, contrasting with a -4.3% decline in the S&P 500 [3] - The company's earnings outlook is critical for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to those expectations [4] - The current consensus EPS estimate for the upcoming quarter is -$0.08 on revenues of $2.15 billion, and -$0.30 on revenues of $8.57 billion for the current fiscal year [7] Group 3: Industry Context - The Communication - Components industry, to which Altice USA belongs, is currently ranked in the bottom 17% of over 250 Zacks industries, indicating a challenging environment [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact Altice USA's stock performance [5] - The unfavorable trend in estimate revisions has resulted in a Zacks Rank 5 (Strong Sell) for Altice USA, suggesting expected underperformance in the near future [6]

Q1 2025 Performance Highlights - Altice USA reported 37,000 broadband subscriber net losses[10] - The company achieved 69,000 fiber net additions, surpassing 600,000 fiber customers[10] - Mobile line net additions reached 49,000, achieving the 500,000 mobile lines milestone[10] - Broadband ARPU grew by 2.4% year-over-year[10] - Gross margin reached 68.8% due to optimized programming agreements[10] Financial Results - Total revenue for Q1 2025 was $2.15 billion, a decrease of 4.4% year-over-year[50] - Adjusted EBITDA for Q1 2025 was $799 million, a decrease of 5.6% year-over-year[50] - Excluding non-carriage impacts, revenue decreased by 3.9% and Adjusted EBITDA decreased by 4.8%[26] - Cash capital expenditures were $356 million, representing 16.5% of revenue[50] 2025 Outlook and Strategy - Altice USA aims to deliver approximately $3.4 billion in Adjusted EBITDA for FY 2025[12, 15, 19] - The company is targeting approximately $1.2 billion in cash capital expenditures in FY 2025[39] - Altice USA estimates a $12 million negative revenue impact and a $7 million negative Adjusted EBITDA impact from the temporary non-carriage of certain programming networks in Q1 2025[27, 53] - The company's fiber network penetration reached 20.3%[34]

[Q1 2025 Performance Overview](index=1&type=section&id=First%20Quarter%202025%20Performance%20Overview) Altice USA's Q1 2025 saw a decline in financial metrics, including revenue and net loss, alongside strong fiber and mobile growth but continued broadband subscriber losses [Financial Overview](index=1&type=section&id=First%20Quarter%202025%20Financial%20Overview) In Q1 2025, Altice USA experienced a decline in financial performance, with total revenue decreasing 4.4% year-over-year to $2.2 billion, a net loss attributable to stockholders of $75.7 million, and a Free Cash Flow deficit of $168.6 million Q1 2025 Key Financial Metrics | Metric | Q1 2025 | Q1 2024 | YoY Change | | :--- | :--- | :--- | :--- | | Total Revenue | $2.2 billion | $2.25 billion | -4.4% | | Residential Revenue | $1.7 billion | $1.77 billion | -5.7% | | Net Loss Attributable to Stockholders | ($75.7) million | ($21.2) million | Increased Loss | | Diluted EPS | ($0.16) | ($0.05) | Increased Loss | | Adjusted EBITDA | $799.0 million | $846.6 million | -5.6% | | Free Cash Flow (Deficit) | ($168.6) million | $63.6 million | Decreased | - Broadband ARPU was a bright spot, increasing **2.4%** year-over-year to **$75.31**, while overall Residential ARPU declined by **1.3%** to **$133.93**[4](index=4&type=chunk) - Cash capital expenditures rose **6.0%** year-over-year to **$356.1 million**, reflecting continued investment in network upgrades, particularly FTTH and new builds[4](index=4&type=chunk) [Key Operational Highlights](index=2&type=section&id=First%20Quarter%202025%20Key%20Operational%20Highlights) Operationally, Q1 2025 was a quarter of mixed results, achieving record fiber and mobile growth while experiencing core broadband subscriber losses, supported by strategic network enhancements and AI integration - Achieved record fiber customer growth with **+69k** net additions, bringing total fiber customers to **607k**, a **54%** increase YoY[7](index=7&type=chunk) - Recorded the best mobile line performance in five years with **+49k** net additions, surpassing **500k** total mobile lines[1](index=1&type=chunk)[7](index=7&type=chunk) - Total broadband net losses were **-37k**, a sequential improvement from **-39k** in Q4 2024 but worse than **-30k** in Q1 2024[7](index=7&type=chunk) - The company achieved its lowest quarterly customer and broadband churn in three years, with annualized broadband churn improving by **90bps** YoY[1](index=1&type=chunk)[7](index=7&type=chunk) - Strategic initiatives include embedding AI and digital tools through a new partnership with Google Cloud to transform operations and drive efficiency[1](index=1&type=chunk)[7](index=7&type=chunk) [Full Year 2025 Outlook](index=2&type=section&id=Full%20Year%202025%20Outlook) Altice USA provided its full-year 2025 guidance, projecting approximately $3.4 billion in Adjusted EBITDA, anticipating revenues between $8.6 billion and $8.7 billion, and cash capital expenditures of approximately $1.2 billion Full Year 2025 Guidance | Metric | FY 2025 Outlook | | :--- | :--- | | Revenue | $8.6 billion - $8.7 billion | | Adjusted EBITDA | ~$3.4 billion | | Cash Capital Expenditures | ~$1.2 billion | | Programming & Other Direct Costs | ~$2.6 billion | | Other Operating Expense | ~$2.6 billion | - The company expects to deliver approximately **$3.4 billion** of Adjusted EBITDA, representing a meaningful improvement from prior year trends[2](index=2&type=chunk) - The company is targeting approximately **175k** total additional passings in FY 2025[7](index=7&type=chunk) [Financial Statements and Key Metrics](index=3&type=section&id=Financial%20Statements%20and%20Key%20Metrics) This section details Altice USA's financial position, including its $24.9 billion net debt, customer trends with fiber growth offsetting broadband losses, and consolidated operating results showing revenue decline and increased net loss [Balance Sheet and Debt Profile](index=3&type=section&id=Balance%20Sheet%20and%20Debt%20Profile) As of March 31, 2025, Altice USA's consolidated net debt stood at $24.9 billion, resulting in a consolidated net leverage ratio of 7.6x L2QA EBITDA, with the majority held within the CSC Holdings, LLC Restricted Group Consolidated Debt Summary (as of March 31, 2025) | Metric | Value | | :--- | :--- | | Consolidated Net Debt | $24,907 million | | Consolidated Net Leverage (L2QA) | 7.6x | | Weighted Average Cost of Debt | 6.8% | | Weighted Average Life of Debt | 3.8 years | - Net debt for the CSC Holdings, LLC Restricted Group was **$23.5 billion** with a net leverage of **7.8x** L2QA[10](index=10&type=chunk) - As of March 31, 2025, the company had **467,726,018** combined shares of Class A and Class B common stock outstanding[9](index=9&type=chunk) [Customer and Fiber (FTTH) Metrics](index=4&type=section&id=Customer%20and%20Fiber%20%28FTTH%29%20Metrics) In Q1 2025, Altice USA saw a continued decline in total unique customer relationships, driven by losses in residential broadband, video, and telephony, but showed strong momentum in record FTTH and mobile line net additions Q1 2025 Net Additions / (Losses) (in thousands) | Category | Q1 2025 Net Adds/(Losses) | | :--- | :--- | | Total Customer Relationships | (44.4) | | Broadband (Residential) | (36.6) | | Video (Residential) | (87.7) | | **FTTH Total Customers** | **+68.5** | | **Mobile Lines** | **+49.0** | - Total FTTH customers reached **606.7k**, an increase from **394.6k** in Q1 2024, with network penetration reaching **20.3%**[7](index=7&type=chunk)[12](index=12&type=chunk) - Total mobile lines grew to **508.6k**, a **45%** increase from **351.6k** in Q1 2024[7](index=7&type=chunk)[11](index=11&type=chunk) [Consolidated Operating Results (Income Statement)](index=5&type=section&id=Altice%20USA%20Consolidated%20Operating%20Results) The consolidated income statement for Q1 2025 shows a total revenue of $2.15 billion, down 4.4% from Q1 2024, primarily due to lower Video and Broadband revenue, resulting in a wider net loss of $71.3 million Consolidated Operating Results Comparison (in thousands) | Item | Q1 2025 | Q1 2024 | | :--- | :--- | :--- | | Total Revenue | $2,152,282 | $2,250,935 | | Operating Income | $343,458 | $393,154 | | Interest Expense, net | ($428,016) | ($437,141) | | Net Loss | ($71,271) | ($12,896) | | Net Loss Attributable to Stockholders | ($75,676) | ($21,193) | - Revenue from the Video segment saw the largest decline, falling from **$755.6 million** in Q1 2024 to **$665.6 million** in Q1 2025[13](index=13&type=chunk) - Mobile revenue showed strong growth, increasing from **$24.9 million** in Q1 2024 to **$36.7 million** in Q1 2025[13](index=13&type=chunk) [Consolidated Statements of Cash Flows](index=6&type=section&id=Altice%20USA%20Consolidated%20Statements%20of%20Cash%20Flows) For the three months ended March 31, 2025, Altice USA's net cash provided by operating activities significantly decreased to $187.5 million, leading to a Free Cash Flow deficit of $168.6 million after capital expenditures Cash Flow Comparison (in thousands) | Item | Q1 2025 | Q1 2024 | | :--- | :--- | :--- | | Net cash provided by operating activities | $187,483 | $399,661 | | Capital expenditures | ($356,124) | ($336,095) | | Net cash used in investing activities | ($363,549) | ($335,777) | | Net cash provided by (used in) financing activities | $198,727 | ($80,876) | - The decrease in operating cash flow was partly due to changes in working capital, including a **$120.9 million** use of cash for interest payable, compared to a **$29.9 million** source of cash in the prior year[14](index=14&type=chunk) [Reconciliation of Non-GAAP Financial Measures](index=7&type=section&id=Reconciliation%20of%20Non-GAAP%20Financial%20Measures) This section provides reconciliations of Altice USA's GAAP net loss to Adjusted EBITDA and net cash flow from operating activities to Free Cash Flow, detailing adjustments for non-cash and non-operating items [Reconciliation of Net Loss to Adjusted EBITDA](index=8&type=section&id=Reconciliation%20of%20Net%20Loss%20to%20Adjusted%20EBITDA) This section provides a reconciliation from the GAAP measure of Net Loss to the non-GAAP measure of Adjusted EBITDA, which for Q1 2025 was $799.0 million after various adjustments Q1 2025 Reconciliation of Net Loss to Adjusted EBITDA (in thousands) | Description | Amount | | :--- | :--- | | Net loss | $(71,271) | | Add: Interest expense, net | 428,016 | | Add: Depreciation and amortization | 418,485 | | Add: Restructuring, impairments, etc. | 21,622 | | Add: Share-based compensation | 15,449 | | Other adjustments | (14,287) | | **Adjusted EBITDA** | **$799,014** | - Adjusted EBITDA decreased to **$799.0 million** in Q1 2025 from **$846.6 million** in Q1 2024[20](index=20&type=chunk) - The Adjusted EBITDA margin slightly compressed to **37.1%** in Q1 2025 from **37.6%** in Q1 2024[20](index=20&type=chunk) [Reconciliation of Net Cash Flow to Free Cash Flow](index=8&type=section&id=Reconciliation%20of%20net%20cash%20flow%20from%20operating%20activities%20to%20Free%20Cash%20Flow%20%28Deficit%29) This section reconciles Net Cash Flows from Operating Activities to Free Cash Flow, showing a Q1 2025 deficit of $168.6 million, a significant downturn from the prior year's positive cash flow Q1 Free Cash Flow Reconciliation (in thousands) | Item | Q1 2025 | Q1 2024 | | :--- | :--- | :--- | | Net cash flows from operating activities | $187,483 | $399,661 | | Less: Capital expenditures (cash) | (356,124) | (336,095) | | **Free Cash Flow (Deficit)** | **$(168,641)** | **$63,566** |

Lightpath's Miami expansion is in partnership with a strategic customer and offers diverse, high-capacity connectivity. Post this The expansion will be completed in late 2025 and will bring Lightpath's AI-grade fiber infrastructure to over 80-route miles in the Miami metro area. The company's Miami network is 100% underground and connects to 12 critical area data centers, offering a full suite of connectivity services, including dark fiber and wavelength services up to 800 Gbps. "This latest expansion to a ...

Core Viewpoint - The market anticipates a year-over-year decline in earnings for Altice USA, Inc. (ATUS) due to lower revenues, with a consensus estimate of a quarterly loss of $0.09 per share and revenues of $2.16 billion, reflecting a 3.9% decrease from the previous year [1][3]. Earnings Expectations - The upcoming earnings report is expected to be released on May 8, and the stock may rise if the actual results exceed expectations, while a miss could lead to a decline [2]. - The consensus EPS estimate has been revised down by 7.14% over the last 30 days, indicating a reassessment by analysts [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that the Most Accurate Estimate for Altice USA is higher than the Zacks Consensus Estimate, resulting in a positive Earnings ESP of +11.11% [10][11]. - However, the stock holds a Zacks Rank of 5, which complicates the prediction of an earnings beat [11]. Historical Performance - In the last reported quarter, Altice USA was expected to post earnings of $0.03 per share but instead reported a loss of $0.12, resulting in a surprise of -500% [12]. - The company has not beaten consensus EPS estimates in any of the last four quarters [13]. Conclusion - While Altice USA does not appear to be a strong candidate for an earnings beat, investors should consider other factors when making decisions regarding the stock ahead of the earnings release [16].

Altice, Inc. (ATUS) recently announced that its subsidiary Lightpath is constructing high-density AI-grade network infrastructure in Colombus, OH. The underground high-fiber count network deployment project spanning 102 route miles is supported by a prominent hyperscaler partner. With a 1.8 GW of operational capacity, the Columbus region is the third largest data center ecosystem in the Americas. Moreover, an additional 3 GW capacity is under construction.Growing usage of high bandwidth-intensive applicatio ...