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 ...

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 ...

Group 1: Company Initiatives - Optimum, a brand of Altice USA, Inc. (ATUS), launched a new brand platform and marketing campaign emphasizing its commitment to local communities and advanced technological capabilities [1] - Over the past 18 months, Optimum has invested in upgrading its broadband network infrastructure, extending 1 Gig service to over 96% of its coverage area and offering multi-gigabit symmetrical speeds of up to 8 Gig to over 2.7 million passings [2] - The introduction of advanced connectivity products such as Optimum Fiber, Optimum Stream, and Optimum Mobile has bolstered Optimum's commercial prospects [2] Group 2: Market Position and Strategy - The campaign aims to combine the connectivity resources of a large national provider with the personalized care of a small business, reflecting a customer-centric ethos [3] - Altice has experienced declining trends in the Residential segment recently, and the refreshed visual identity aims to reverse this negative trend [3] - Altice is witnessing strong momentum in customer penetration, typically reaching about 40% within a year of rollout in new-build areas, although competition is straining margins [3] Group 3: Financial Performance - The stock of Altice has lost 20% over the past year, contrasting with the industry's growth of 40.4% [5]

Core Viewpoint - Altice USA, Inc. reported mixed fourth-quarter 2023 results, with revenue exceeding estimates but net income falling short, indicating challenges in certain segments while showing growth in others [2][3]. Financial Performance - The company reported a net loss of $117.8 million or 26 cents per share, an improvement from a loss of $193.1 million or 43 cents per share in the prior-year quarter, aided by tax benefits and lower operating expenses [3]. - Total revenues for the quarter were $2.3 billion, down from $2.36 billion year-over-year, but exceeded the consensus estimate by $13 million [4]. - For the full year 2023, net sales totaled $9.23 billion, a decrease from $9.64 billion in 2022 [4]. Segment Performance - Residential revenues, which include Broadband, Video, and Telephony, were $1.79 billion, down from $1.83 billion year-over-year, primarily due to the loss of higher ARPU video customers [6]. - Business services and wholesale revenues increased to $372 million from $368.4 million in the year-ago quarter, driven by growth in Lightpath revenues [5]. - News and Advertising revenues fell to $128.1 million from $151.8 million year-over-year, attributed to lower political advertising revenues [5]. Customer Metrics - FTTH broadband net additions exceeded 46,000 in the quarter, with total fiber broadband customers reaching 341,000 [5]. - The company had 2.73 million FTTH passings at the end of the quarter, with 14,900 added in the September-December period [4]. - Optimum Mobile subscriber growth reached 322,000 customers, representing a 7.1% penetration of the total broadband customer base [7]. Cash Flow and Debt - In 2023, Altice generated $1.82 billion in cash from operating activities, down from $2.36 billion in 2022 [9]. - As of December 31, 2023, the company's net debt stood at $24.82 billion [9]. Market Outlook - Estimates for Altice have trended downward, with a consensus estimate shift of -108.7% noted [9]. - The company holds a Zacks Rank 3 (Hold), indicating expectations for an in-line return in the coming months [11]. Industry Comparison - Altice USA, Inc. operates within the Zacks Communication - Components industry, where competitor Arista Networks reported a revenue increase of 20.8% year-over-year, highlighting contrasting performance within the sector [12].

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 ...

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 ...

Core Insights - Optimum, a brand of Altice USA, has selected O1, a Publicis Power of One solution, as its Creative, Media, PR, and Production agency of record to drive brand growth and enhance its connectivity products [1][2] Group 1: Agency Selection and Objectives - The selection of O1 follows a competitive review aimed at finding a partner to support Optimum's brand growth across its suite of connectivity products, including internet, mobile, TV, and phone services [1] - O1 is a dedicated team created specifically for Optimum, leveraging expertise from various Publicis Groupe agencies to enhance brand strategy, media planning, public relations, and performance-driven production [1][3] Group 2: Strategic Goals and Market Engagement - Optimum aims to engage customers in new ways and enhance its local presence by expanding its connectivity services portfolio and entering new markets [2] - The partnership with O1 is expected to enhance brand awareness and consumer consideration across Optimum's 21-state footprint, utilizing data-driven communications and influencer marketing [2][3] Group 3: Company Overview - Optimum serves approximately 4.7 million residential and business customers across 21 states, providing broadband, video, and mobile services [4] - The company operates a4, an advanced advertising and data business that offers audience-based advertising solutions to various clients [4] Group 4: Publicis Groupe Overview - Publicis Groupe is a global leader in communication, positioned across the value chain from consulting to execution, focusing on marketing and digital business transformation [5] - The Groupe employs around 100,000 professionals and operates in over 100 countries, providing clients with access to expertise in communication, media, data, and technology [5]

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 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 ...

Core Insights - Altice USA, Inc. reported mixed fourth-quarter 2023 results, with revenue exceeding estimates but net income falling short [1][2] - The company experienced a year-over-year revenue decline due to weak demand in Residential, News, and Advertising segments, although mobile line net additions and network upgrades are positive indicators [1][3] Financial Performance - Net loss for the quarter was $117.8 million, or 26 cents per share, an improvement from a loss of $193.1 million, or 43 cents per share, in the prior-year quarter [2] - Total revenues for the quarter were $2.3 billion, down from $2.36 billion year-over-year, but beat the consensus estimate by $13 million [3][5] - In 2023, net income was $53.2 million, a decrease from $194.6 million in 2022 [2] Revenue Breakdown - Residential revenues, including Broadband, Video, and Telephony, were $1.79 billion, down from $1.83 billion year-over-year, primarily due to the loss of higher ARPU video customers [5] - Business services and wholesale revenues increased to $372 million from $368.4 million in the year-ago quarter, driven by growth in Lightpath revenues [4] - News and Advertising revenues fell to $128.1 million from $151.8 million year-over-year, attributed to lower political advertising revenues [4] Customer Metrics - FTTH broadband net additions exceeded 46,000 in the quarter, with total fiber broadband customers reaching 341,000 [4] - Residential average revenue per user (ARPU) improved marginally by 0.1% year-over-year to $136.01 [4] - Optimum Mobile subscriber growth reached 322,000 customers, representing a 7.1% penetration of the total broadband customer base [6] Operational Highlights - Operating income improved to $302.3 million from $301.1 million in the prior-year quarter, while adjusted EBITDA was $903.3 million compared to $913.3 million [6] - Altice's total passings grew to 9.6 million by the end of 2023, with solid customer penetration typically reaching about 40% within a year of rollout in new-build areas [6] Cash Flow and Debt - In 2023, Altice generated $1.82 billion in cash from operating activities, down from $2.36 billion in 2022 [7] - As of December 31, 2023, the company's net debt stood at $24.82 billion [7]