Altice USA(ATUS)
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Altice USA (ATUS) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2024-08-01 15:36
For the quarter ended June 2024, Altice USA, Inc. (ATUS) reported revenue of $2.24 billion, down 3.6% over the same period last year. EPS came in at $0.03, compared to $0.17 in the year-ago quarter.The reported revenue represents a surprise of -0.47% over the Zacks Consensus Estimate of $2.25 billion. With the consensus EPS estimate being $0.08, the EPS surprise was -62.50%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine ...
Altice USA, Inc. (ATUS) Q2 Earnings and Revenues Lag Estimates
ZACKS· 2024-08-01 13:15
Altice USA, Inc. (ATUS) came out with quarterly earnings of $0.03 per share, missing the Zacks Consensus Estimate of $0.08 per share. This compares to earnings of $0.17 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -62.50%. A quarter ago, it was expected that this company would post earnings of $0.01 per share when it actually produced a loss of $0.05, delivering a surprise of -600%.Over the last four quarters, the company h ...
Altice USA(ATUS) - 2024 Q2 - Quarterly Results
2024-08-01 12:01
Exhibit 99.1 1 Second Quarter 2024 Financial Overview Growth in Fiber Customer Net Adds and Mobile Line Net Adds Positive Trends in Customer Experience, Network, and Operations Optimum Portfolio Evolution Roadmap to Deliver More Value to Customers Recognized with Network Quality Rankings by PCMag and Ookla Speedtest ®(1) ® ®(2) NEW YORK (August 1, 2024) -- Altice USA (NYSE: ATUS) today reports results for the second quarter ended June 30, 2024. Dennis Mathew, Altice USA Chairman and Chief Executive Officer, ...
Earnings Preview: Altice USA, Inc. (ATUS) Q2 Earnings Expected to Decline
ZACKS· 2024-07-25 15:08
Wall Street expects a year-over-year decline in earnings on lower revenues when Altice USA, Inc. (ATUS) reports results for the quarter ended June 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 August 1. O ...
MiCTA Selects Lightpath as an Approved Vendor for Connectivity Services
Prnewswire· 2024-06-26 13:30
NEW YORK, June 26, 2024 /PRNewswire/ -- MiCTA, a national, non-profit group purchasing organization located in Saginaw, MI, has named Lightpath as an approved vendor for its Internet, Ethernet, Wavelengths, Dark Fiber, Private Networks, Voice, and all of the company's managed service offerings. The Master Service Agreement will enable MiCTA members to purchase Lightpath's services at a discount. "MiCTA is pleased to welcome Lightpath as an Approved MiCTA vendor," stated Tim von Hoff, Chief Operating Officer ...
Altice's (ATUS) Lightpath to Boost Connectivity With Buyout
ZACKS· 2024-06-11 13:16
Altice USA Inc. (ATUS) subsidiary Lightpath is set to significantly boost its service capabilities through the proposed acquisition of United Fiber and Data (“UFD”). The definitive agreement, expected to close in third-quarter 2024, pending regulatory approvals and other customary closing conditions, marks a strategic expansion that promises substantial benefits for Lightpath and its parent company, Altice.UFD operates a unique 323-route mile high-fiber network stretching from New York City to Ashburn, VA, ...
Lightpath to Acquire United Fiber & Data Assets
Prnewswire· 2024-06-10 16:15
United Fiber and Data (UFD) owns and operates a unique and diverse 323-route mile, high-fiber count network between New York City and Ashburn, VA, connecting the largest population center in the country with the largest data center and cloud ecosystem in the world. UFD also owns a 79-route mile metro network in New York City and New Jersey, including connectivity to over 350 enterprise and data center locations and a high-fiber count crossing of the Hudson River, which will add capacity to Lightpath's three ...
Altice's (ATUS) Lightpath Boosts Cybersecurity With Tie-Up
Zacks Investment Research· 2024-05-15 14:45
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 ...
Radware Powers Lightpath's New AI-Driven DDoS Protection Service
Newsfilter· 2024-05-14 10:00
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 ...
Altice USA(ATUS) - 2024 Q1 - Quarterly Report
2024-05-02 20:32
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 ...