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Here's What Key Metrics Tell Us About Altice USA (ATUS) Q4 Earnings
ATUSAltice USA(ATUS) ZACKS·2025-02-13 15:36

Core Insights - Altice USA, Inc. reported 2.24billioninrevenueforQ42024,reflectingayearoveryeardeclineof2.92.24 billion in revenue for Q4 2024, reflecting a year-over-year decline of 2.9% and an EPS of -0.12 compared to -0.26ayearago,withrevenuematchingtheZacksConsensusEstimatebutanEPSsurpriseof500.000.26 a year ago, with revenue matching the Zacks Consensus Estimate but an EPS surprise of -500.00% [1] Financial Performance - Revenue from Residential Video was 686.44 million, below the estimated 704.62million,markingan8.5704.62 million, marking an 8.5% year-over-year decline [4] - Residential Broadband revenue was 900.06 million, slightly above the estimate of 898.86million,withayearoveryeardeclineof4.2898.86 million, with a year-over-year decline of 4.2% [4] - Residential Telephony revenue was 65.39 million, compared to the average estimate of 66.73million,representinga10.266.73 million, representing a 10.2% year-over-year decline [4] - Total Residential revenue was 1.69 billion, slightly below the estimated 1.70billion,reflectinga5.61.70 billion, reflecting a 5.6% year-over-year decline [4] - Revenue from News and Advertising was 157.49 million, exceeding the estimate of 152.90million,withayearoveryearincreaseof23152.90 million, with a year-over-year increase of 23% [4] - Other revenue reached 20.24 million, surpassing the estimate of 14.97million,showingayearoveryearincreaseof30.514.97 million, showing a year-over-year increase of 30.5% [4] - Mobile revenue was 34.15 million, above the estimate of 31.91million,withasignificantyearoveryearincreaseof48.431.91 million, with a significant year-over-year increase of 48.4% [4] - Business services and wholesale revenue was 371.26 million, slightly above the estimate of $368.17 million, with a year-over-year change of -0.2% [4] Customer Metrics - Residential Unique Customer Relationships totaled 4.17 million, slightly below the estimated 4.2 million [4] - SMB Unique Customer Relationships were 376.6 thousand, compared to the estimated 377.59 thousand [4] - Pay TV/Video Subscribers stood at 1.88 million, matching the three-analyst average estimate [4] - Broadband Subscribers totaled 4 million, slightly below the estimate of 4.02 million [4] Stock Performance - Altice USA shares returned +1.9% over the past month, while the Zacks S&P 500 composite increased by +3.9% [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]