Altice Q1 Earnings Miss Estimates, Revenues Decline Y/Y

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 ...