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Altice Q1 Earnings Miss Estimates, Revenues Decline Y/Y
ZACKS· 2025-05-09 17:20
Altice USA, Inc. (ATUS) reported soft first-quarter 2025 results, with both the bottom line and revenues missing the Zacks Consensus Estimate. The company witnessed revenue contraction year over year, owing to weak demand trends in the Residential, Business Services and Wholesale segments. However, growth in mobile line and fiber customer net additions, focus on network upgrades, improved customer care and financial discipline were the positives.Net IncomeAltice reported a net loss of $71.3 million or a los ...
Altice USA(ATUS) - 2025 Q1 - Quarterly Report
2025-05-08 21:08
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 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, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number Registrant; State of Incorporation; Address and Telephone Number IRS Employer Identification No. 001-38126 38-3980194 Altice USA, In ...
Altice USA (ATUS) Reports Q1 Earnings: What Key Metrics Have to Say
ZACKS· 2025-05-08 15:01
Altice USA, Inc. (ATUS) reported $2.15 billion in revenue for the quarter ended March 2025, representing a year-over-year decline of 4.4%. EPS of -$0.16 for the same period compares to -$0.05 a year ago.The reported revenue represents a surprise of -0.48% over the Zacks Consensus Estimate of $2.16 billion. With the consensus EPS estimate being -$0.09, the EPS surprise was -77.78%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to dete ...
Altice USA(ATUS) - 2025 Q1 - Earnings Call Transcript
2025-05-08 13:30
Altice USA (ATUS) Q1 2025 Earnings Call May 08, 2025 08:30 AM ET Speaker0 Greetings, and welcome to the Altice USA Q1 twenty twenty five As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Sarah Friedman, Vice President of Investor Relations. Speaker1 Thank you. Welcome to the Altice USA Q1 twenty twenty five earnings call. We are joined today by Altice USA's Chairman and CEO, Dennis Matthew and CFO, Mark Sarota, who together will take you through the presentation ...
Altice USA, Inc. (ATUS) Reports Q1 Loss, Lags Revenue Estimates
ZACKS· 2025-05-08 13:25
Altice USA, Inc. (ATUS) came out with a quarterly loss of $0.16 per share versus the Zacks Consensus Estimate of a loss of $0.09. This compares to loss of $0.05 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -77.78%. A quarter ago, it was expected that this company would post earnings of $0.03 per share when it actually produced a loss of $0.12, delivering a surprise of -500%.Over the last four quarters, the company has not b ...
Altice USA(ATUS) - 2025 Q1 - Earnings Call Presentation
2025-05-08 11:37
Altice USA Q1 2025 Results May 8, 2025 FORWARD-LOOKING STATEMENTS Certain statements in this presentation constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, all statements other than statements of historical facts contained in this presentation, including, without limitation, those regarding our intentions, beliefs or current expectations concerning, among other things: our future ...
Altice USA(ATUS) - 2025 Q1 - Quarterly Results
2025-05-08 11:30
Dennis Mathew, Altice USA Chairman and Chief Executive Officer, said: "Our first quarter results reflect steady progress against our operational and financial priorities. We achieved record customer growth in our fiber and mobile businesses and saw sequential improvement in our broadband subscriber performance, all while successfully completing two major programming negotiations with favorable outcomes and minimal disruptions to our customers. We are activating competitive strategies with enhanced go-to-mar ...
Earnings Preview: Altice USA, Inc. (ATUS) Q1 Earnings Expected to Decline
ZACKS· 2025-05-01 15:07
Core Viewpoint - The market anticipates a year-over-year decline in earnings for Altice USA, Inc. (ATUS) due to lower revenues, with a consensus estimate of a quarterly loss of $0.09 per share and revenues of $2.16 billion, reflecting a 3.9% decrease from the previous year [1][3]. Earnings Expectations - The upcoming earnings report is expected to be released on May 8, and the stock may rise if the actual results exceed expectations, while a miss could lead to a decline [2]. - The consensus EPS estimate has been revised down by 7.14% over the last 30 days, indicating a reassessment by analysts [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that the Most Accurate Estimate for Altice USA is higher than the Zacks Consensus Estimate, resulting in a positive Earnings ESP of +11.11% [10][11]. - However, the stock holds a Zacks Rank of 5, which complicates the prediction of an earnings beat [11]. Historical Performance - In the last reported quarter, Altice USA was expected to post earnings of $0.03 per share but instead reported a loss of $0.12, resulting in a surprise of -500% [12]. - The company has not beaten consensus EPS estimates in any of the last four quarters [13]. Conclusion - While Altice USA does not appear to be a strong candidate for an earnings beat, investors should consider other factors when making decisions regarding the stock ahead of the earnings release [16].
Will Lighpath Network Expansion in Columbus Drive ATUS' Stock Price?
ZACKS· 2025-04-02 19:15
Altice, Inc. (ATUS) recently announced that its subsidiary Lightpath is constructing high-density AI-grade network infrastructure in Colombus, OH. The underground high-fiber count network deployment project spanning 102 route miles is supported by a prominent hyperscaler partner. With a 1.8 GW of operational capacity, the Columbus region is the third largest data center ecosystem in the Americas. Moreover, an additional 3 GW capacity is under construction.Growing usage of high bandwidth-intensive applicatio ...
Lightpath Enters Columbus with AI-Grade Network
Prnewswire· 2025-04-01 13:00
Constructing 102-Route Miles of High-Density Network Anchored by Major Hyperscaler In January, Lightpath announced $110 million of AI-related bookings in 2024 with a remaining demand pipeline of approximately $1 billion. Also this year, Lightpath announced the acquisition of the United Fiber and Data and assets. About Lightpath Lightpath is revolutionizing how customers connect to their digital destinations by combining our next- generation network with our next-generation customer service. Lightpath's adva ...