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Altice USA(ATUS) - 2024 Q1 - Earnings Call Transcript
2024-05-02 18:13
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 ...
Compared to Estimates, Altice USA (ATUS) Q1 Earnings: A Look at Key Metrics
Zacks Investment Research· 2024-05-02 15:31
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) Reports Q1 Loss, Tops Revenue Estimates
Zacks Investment Research· 2024-05-02 14:16
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 ...
Altice USA(ATUS) - 2024 Q1 - Quarterly Results
2024-05-02 12:05
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 ...
Analysts Estimate Altice USA, Inc. (ATUS) to Report a Decline in Earnings: What to Look Out for
Zacks Investment Research· 2024-04-25 15:07
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 ...
Altice (ATUS) Optimum Revamps Branding With Client Focus Strategy
Zacks Investment Research· 2024-04-03 18:46
Optimum, a brand of Altice USA, Inc. (ATUS) , recently announced the launch of a new brand platform and marketing campaign with the tagline ‘Where local is big time.’ The multichannel media campaign emphasizes Optimum's commitment to serving local communities by leveraging its advanced technological capabilities. The campaign features two key advertisements, “Wrong Class” and “Investigation,” showcasing its role in keeping people and businesses connected in critical situations. It will be visible across Opt ...
Altice USA, Inc. (ATUS) Up 20.2% Since Last Earnings Report: Can It Continue?
Zacks Investment Research· 2024-03-15 16:35
A month has gone by since the last earnings report for Altice USA, Inc. (ATUS) . Shares have added about 20.2% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Altice USA, Inc. due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Altice Q4 Earnings Miss Estimates on Lower ...
Altice USA to Participate in the NSR and BCG Fiber to the Future 2024 Conference
Businesswire· 2024-03-15 13:00
NEW YORK--(BUSINESS WIRE)--Altice USA (NYSE: ATUS) today announces that Marc Sirota, CFO, will participate in the New Street Research and Boston Consulting Group Fiber to the Future Conference on Friday, March 22, 2024. The fireside chat is scheduled to begin at 1:30 p.m. ET. For a live webcast, please follow the link. About Altice USA Altice USA (NYSE: ATUS) is one of the largest broadband communications and video services providers in the United States, delivering broadband, video, mobile, proprietary c ...
Altice USA Expands Financial Leadership Team with Appointments of John Hsu, SVP, Corporate Finance and John Lombana, SVP, Corporate Controller
Businesswire· 2024-03-11 13:00
NEW YORK--(BUSINESS WIRE)--Altice USA (NYSE: ATUS) today announces the appointments of John Hsu, SVP, Corporate Finance and John Lombana, SVP, Corporate Controller, both reporting to Chief Financial Officer Marc Sirota. John Hsu will oversee investor relations, treasury, and risk management functions. John Lombana will be responsible for the company’s financial reporting, accounting, internal controls, tax, revenue assurance, and financial system administration functions. “ As Altice USA and Optimum conti ...
Optimum Selects Publicis O1 As Agency of Record
Businesswire· 2024-03-01 14:00
NEW YORK--(BUSINESS WIRE)--Following a competitive review, Optimum, a brand of Altice USA (NYSE: ATUS), announced today it has selected New York-based O1, a Publicis Power of One solution, as its Creative, Media, PR and Production agency of record (AOR), effective immediately. The announcement follows a thorough review to select an agency partner who will drive further brand growth for Optimum and its suite of powerful connectivity products, including internet, mobile, TV, and phone services for residential ...