Altice USA, Inc. (NYSE:ATUS) Q2 2023 Earnings Conference Call August 2, 2023 4:30 PM ET Company Participants Sarah Freedman - Director, Corporate Finance Dennis Mathew - Chief Executive Officer Marc Sirota - Chief Financial Officer Conference Call Participants Brett Feldman - Goldman Sachs Phil Cusick - JPMorgan Chase & Co. Benjamin Swinburne - Morgan Stanley Craig Moffett - MoffettNathanson LLC John Hodulik - UBS Group AG Jonathan Chaplin - New Street Research LLP Kutgun Maral - Evercore Inc. Bryan Kraft - ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Commission File Number Registrant; State of Incorporation; Address and Telephone Number IRS Employer Identification No. 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 June 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to 001-38126 38-3980194 Altice USA, Inc ...

Altice USA, Inc. (NYSE:ATUS) Q1 2023 Results Conference Call May 3, 2023 4:30 PM ET Company Participants Nick Brown - EVP, Corporate Finance and Development Dennis Mathew - CEO Marc Sirota - CFO Conference Call Participants Phil Cusick - JPMorgan Brett Feldman - Goldman Sachs Craig Moffett - MoffettNathanson Doug Mitchelson - Credit Suisse John Hodulik - UBS Ben Swinburne - Morgan Stanley Jonathan Chaplin - New Street Kannan Venkateshwar - Barclays Peter Supino - Wolfe Research Michael Rollins - Citi Operat ...

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, 2023 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 ...

Financial Data and Key Metrics Changes - Full year revenue declined 4.4% year-over-year, primarily due to pressure in residential and advertising businesses, and the loss of air strand revenue from the previous year [11][21] - Adjusted EBITDA decreased 12.7% year-over-year with a margin of 40.1%, reflecting revenue declines and higher operating expenses [11][21] - Free cash flow was $453 million in 2022, which would have exceeded $500 million without the impact of a legal settlement payment of approximately $65 million in Q4 [11][36] Business Line Data and Key Metrics Changes - Residential broadband customer net losses totaled 103,000 for 2022, with a significant improvement in Q4, reporting only 8,000 net losses [12][23] - Business services revenue declined 7.1% year-over-year, but was up 0.6% excluding air strand revenue [33] - News and advertising revenue decreased 5.5% year-over-year for the full year and down 10.8% in Q4, with political revenue not sufficient to offset market slowdown [22] Market Data and Key Metrics Changes - The company ended the year with nearly 2.2 million optimum fiber homes passed, adding just under 1 million new passings in the year [13][27] - Fiber broadband customer net additions exceeded 100,000 in the last year, with a significant increase in sales distribution channels [13][27] - The New York tri-state area showed improved trends, with fiber investments contributing positively to broadband customer additions [26] Company Strategy and Development Direction - The company aims to redefine its mission to become the connectivity provider of choice, focusing on broadband and mobile business growth [14][15] - A balanced approach to capital expenditure is planned, with a target of adding at least 900,000 fiber passings in 2023 [29] - The strategy includes enhancing customer experience, accelerating go-to-market strategies, and investing in network quality [15][18] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about recovery signs and emphasized the importance of disciplined strategy and capital allocation [10][21] - The company is focused on improving customer experience metrics, with significant improvements in customer care and technical support [24][25] - Management is cautious about extrapolating from one quarter's performance but remains optimistic about future growth opportunities [26] Other Important Information - Management announced several leadership changes to strengthen the executive team and drive growth [6][9] - The company successfully extended approximately 50% of its term loans due in 2025 and 2026 to 2028, improving its debt maturity profile [13][39] - The company unwound a Comcast collar position, resulting in a gross debt reduction of about $1.7 billion [40] Q&A Session Summary Question: Fiber plans and network upgrade strategy - Management discussed the different competitive profiles in the East and West, emphasizing a commitment to fiber expansion in the East while taking a more measured approach in the West [42][43] Question: Importance of mobile offering - Management highlighted the need for a compelling broadband and mobile offering, with plans to evolve pricing and packaging to enhance customer value [47][48] Question: Expectations for customer growth in 2023 - Management expressed optimism about returning to overall customer growth, driven by improved customer experience and branding efforts [50][52] Question: Pressure on residential ARPU - Management acknowledged the decline in ARPU and emphasized the need for a disciplined approach to pricing and customer lifetime value [67][70] Question: Business services market pressure - Management noted increased competition in the SMB market and the need to expand the product portfolio to remain competitive [78][79]

Altice USA Q4 and Full Year 2022 Results February 22, 2023 Disclaimer 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, ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to | --- | --- | --- | |----------------------------|------------------------------------------------------------------------------|------------------------------- ...

Altice USA, Inc. (NYSE:ATUS) Q3 2022 Earnings Conference Call November 2, 2022 4:30 PM ET Company Participants Nick Brown – Executive Vice President, Corporate Finance and Development Dexter Goei – Executive Chairman Dennis Mathew – Chief Executive Officer Mike Grau – Chief Financial Officer Conference Call Participants Phil Cusick – J.P. Morgan Craig Moffett – MoffettNathanson Doug Mitchelson – Credit Suisse John Hodulik – UBS Jonathan Chaplin – New Street Brett Feldman – Goldman Sachs Michael Rollins – Ci ...