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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 ...
Optimum Announces Commitment to Local Students and STEM Learning Through FIRST® for a Sixth Year in a Row
Businesswire· 2024-02-29 17:30
NEW YORK--(BUSINESS WIRE)--Optimum, the provider of advanced internet, mobile, TV, and phone services, today announces its continued partnership with robotics community FIRST® and its commitment to support FIRST robotics teams across the company’s 21-state footprint. Through this year’s commitment, Optimum is sponsoring over 60 teams for the 2024 FIRST® Robotics Competition season, which provides students with mentor-based programs to build science, technology, engineering, and math (STEM) skills. Optimum’ ...
Altice USA shares spike 30% on report Charter is considering acquisition
CNBC· 2024-02-26 19:34
Altice USA shares spiked as much as about 50% on Monday following a report that Charter Communications is considering buying the broadband company. Charter is working with financial advisors as it considers whether it would make sense to buy Altice USA, Bloomberg reported Monday, citing people with knowledge of the matter. It is unclear if Charter has made a formal approach, the outlet added. The larger company's shares dropped 3% on Monday afternoon. Charter declined to comment on the report, while Altice ...
Altice (ATUS) Q4 Earnings Miss Estimates on Lower Revenues
Zacks Investment Research· 2024-02-15 18:26
Altice USA, Inc. (ATUS) reported mixed fourth-quarter 2023 results, with the top line surpassing the Zacks Consensus Estimate but the bottom line missing the same. The company reported a revenue decline year over year, owing to soft demand trends in the Residential, News and Advertising segments. However, growth in mobile line net additions, the company’s focus on network upgrades, improving customer care, AI integration and financial discipline are positive factors.Net IncomeAltice reported a net loss of $ ...
Altice USA, Inc. (ATUS) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
Zacks Investment Research· 2024-02-15 03:01
Altice USA, Inc. (ATUS) reported $2.3 billion in revenue for the quarter ended December 2023, representing a year-over-year decline of 2.9%. EPS of -$0.26 for the same period compares to -$0.43 a year ago.The reported revenue represents a surprise of +0.57% over the Zacks Consensus Estimate of $2.29 billion. With the consensus EPS estimate being $0.07, the EPS surprise was -471.43%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wal ...
Altice USA(ATUS) - 2023 Q4 - Earnings Call Transcript
2024-02-15 01:54
Altice USA, Inc. (NYSE:ATUS) Q4 2023 Earnings Conference Call February 14, 2024 4:30 PM ET Company Participants Sarah Freedman - Investor Relations Dennis Mathew - Chairman and Chief Executive Officer Marc Sirota - Chief Financial Officer Conference Call Participants Michael Rollins - Citi Ben Swinburne - Morgan Stanley Kutgun Maral - Evercore ISI John Hodulik - UBS Jessica Reif Ehrlich - Bank of America Craig Moffett - MoffettNathanson Vikash Harlalka - New Street Research Bryan Kraft - Deutsche Bank Opera ...
Altice USA(ATUS) - 2023 Q4 - Earnings Call Presentation
2024-02-14 22:28
Altice USA Q4 and Full Year 2023 Results. FORWARD-LOOKING STATEMENTS Certainstatementsinthispresentationconstituteforward-lookingstatements withinthemeaningofthePrivateSecuritiesLitigationReformActof1995.Theseforward-lookingstatementsinclude,butarenotlimitedto, allstatementsotherthanstatementsofhistoricalfactscontainedinthispresentation,including,withoutlimitation,thoseregardingourintentions,beliefsorcurrentexpectationsconcerning,amongotherthings:ourfuture financial conditions and performance, results of op ...