Altice USA

Altice USA, Inc. engages in the provision of broadband, pay television, telephony services, proprietary content, and advertising services. Its brands include Optimum, Suddenlink, Optimum Mobile, Altice Business, News 12 Networks, Cheddar News, a4 Advertising, and i24 News. The company was founded by Patrick Drahi in 2001 and is headquartered in Long Island City, NY.

Earnings data Q1 2021

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Altice USA reports revenue declines but focuses on customer-centric growth

Altice USA is navigating revenue declines while focusing on customer-centric strategies, fiber expansion, and product optimization. The company aims to drive growth through broadband and mobile services amidst market challenges and opportunities.

Altice USA sees challenges in Q1 but drives growth strategies

Altice USA's Q1 performance reflects a mix of challenges and strengths, with a strategic focus on customer experience and fiber network expansion.
The company's initiatives like Optimum Complete and investments in quality aim to drive margin and profitability despite current financial pressures.
Facing competitive intensity and operational hurdles, Altice USA is leveraging opportunities in fiber, cost management, and customer-centric strategies for growth.
Overall, Altice USA's financial outlook remains optimistic, with a strong emphasis on returning to growth and improving financial metrics in the coming quarters.

Altice USA reports strong Q2 performance, eyes growth opportunities

Altice USA's Q2 2023 performance reflects improved customer experiences, cost control, and strategic focus on revenue and EBITDA growth.
While facing challenges from an internal investigation and lack of specific guidance, the company's strengths in network technology and customer offerings position it well for future opportunities.
Opportunities lie in capitalizing on positive subscriber trends, enhancing customer loyalty, exploring financing options, and driving broadband ARPU growth.
Altice USA's continued momentum and margin improvement underscore its potential for sustained financial performance and market competitiveness.

Altice USA excels in Q3 with strong financials and growth strategies

Altice USA's Q3 performance reflects strong operational and financial metrics, driven by a focus on customer experiences, network enhancements, and strategic investments.
The company's strengths lie in its customer-centric approach, stable financial performance, and commitment to innovation through fiber deployment and AI functionality.
While facing challenges in subscriber growth and rate management, Altice USA has opportunities to capitalize on B2B growth, customer experience improvements, and market expansion strategies.

Altice USA reports stable margins and mobile growth in 2023

Altice USA's 2023 performance showcased stability in margins, growth in mobile and fiber, and enhanced customer experiences.
While facing challenges like ARPU pressure and potential impacts from sports JV, the company's strengths in profitability and customer focus position them for long-term success.
Opportunities lie in continued portfolio evolution, ARPU stabilization, and mobile segment growth, supported by financial discipline and strategic investments.

Altice USA excels in Q1, focuses on innovation and growth

Altice USA's Q1 2024 earnings call highlighted strong performance, innovation in product offerings, and a focus on customer satisfaction. Despite challenges from macroeconomic conditions, the company remains optimistic about its growth prospects and profitability. With a strategic approach to expansion and a strong emphasis on improving network quality, Altice USA is well-positioned for future success.

Altice USA reports Q2 revenue of $2.2B, faces subscriber challenges

Altice USA's Q2 2024 performance reflected revenue of $2.2 billion and adjusted EBITDA of $867 million, with a 5.9% decline in total adjusted EBITDA.
Strengths included progress in operational metrics, customer satisfaction, and growth in key business segments.
Challenges stemmed from subscriber trends impacted by competition and macro pressures, particularly in the low-income segment.
Opportunities lie in exciting developments, AI integration, network enhancements, and partnerships for future growth.

Altice USA reports solid Q3 performance, focuses on growth strategies

Altice USA's Q3 performance reflects strong revenue and EBITDA figures with notable progress in key product segments.
The company aims to drive growth through operational efficiencies, digitalization, and strategic business transformation.
Challenges in broadband subscriber losses and competitive pressures require a focus on mobile growth and customer value enhancement.

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We upgrade our rating on ATUS from Neutral to Buy, after Q3 2020 results showed several key improvements in the business. 92% of ATUS's footprint now offers 1 Gbps broadband, Video profits have stabilized sequentially, and EBITDA growth has re-accelerated.

Altice USA: "Cheapest" In U.S. Cable; Upgrade To Buy After Q3 Improvements

NEW YORK--(BUSINESS WIRE)--Altice USA (NYSE: ATUS) today announces that Dexter Goei, CEO and Mike Grau, CFO will participate in the upcoming Morgan Stanley Virtual European Technology, Media & Telecoms Conference on Thursday, November 19, 2020. The presentation is scheduled to begin at 6:15pm GMT (1:15pm EST). To listen to a live webcast, please visit: https://morganstanley.webcasts.com/starthere.jsp?ei=1402204&tp_key=1767ffe506. About Altice USA Altice USA (NYSE: ATUS) is one of the la

Altice USA to Participate in Upcoming Morgan Stanley Conference

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Altice USA, Inc. (ATUS) CEO Dexter Goei on Q3 2020 Results - Earnings Call Transcript

Altice (ATUS) beats third-quarter 2020 earnings estimates despite relatively flat revenue pattern amid coronavirus-induced adversities.

Altice (ATUS) Tops Q3 Earnings Estimates, Misses on Revenues

Altice USA Inc. (ATUS) CEO Dexter Goei on Q3 2020 Results - Quick Version Earnings Call Transcript

NEW YORK--(BUSINESS WIRE)--Altice USA (NYSE: ATUS) today reports results for the third quarter ended September 30, 2020. Dexter Goei, Altice USA Chief Executive Officer, said: “I am delighted to announce the completion of another great quarter by the Altice USA team. We delivered strong subscriber and financial performance in the face of the ongoing pandemic, driven by strong underlying revenue, Adjusted EBITDA and Free Cash Flow trends. Our cable business continues to outperform during this un

Altice USA Reports Third Quarter 2020 Results

MONTREAL, Oct. 20, 2020 /PRNewswire/ - Cogeco Inc. (TSX: CGO) and Cogeco Communications Inc. (TSX: CCA) (collectively, the "Corporations") today announced that their boards of directors have unanimously rejected the revised unsolicited, non-binding proposal from Altice USA, Inc. of New...

Cogeco and Cogeco Communications boards of directors reject revised Unsolicited Non-Binding Proposal From Altice and Rogers

Canadian telecom firm Cogeco Communications Inc's (OTC: CGEAF) owners — the Audet family — rejected an enhanced hostile takeover attempt by Altice USA, Inc (NYSE: ATUS) on Sunday. What Happened: Louis Audet, the executive chairman of Cogeco, in a statement said that the family isn't interested in the $8.4 billion hostile bid made by Altice.

Altice USA's $8.4B Sweetened Takeover Bid Not Sweet Enough For Cogeco Owners

MONTRÉAL, Oct. 18, 2020 /PRNewswire/ - Gestion Audem, the Audet family holding company, has been made aware of the second hostile proposal from Rogers Communications Inc. and Altice USA, Inc. to purchase all the shares of Cogeco Inc. (TSX: CGO) and Cogeco Communications Inc. (TSX: CCA)...

Gestion Audem Rejects Second Unsolicited Proposal From Rogers and Altice

Altice USA Inc said on Sunday it had sweetened its unsolicited offer to acquire Canadian cable company Cogeco by adding a premium for shares held by the Audet family, who rejected the previous offer.

Altice sweetens bid to acquire Canadian cable firm Cogeco

Rogers Communications

NEW YORK & TORONTO--(BUSINESS WIRE)--Altice USA, Inc. (“Altice USA”) (NYSE: ATUS) announces that it has presented a revised and enhanced offer to Cogeco Inc. (“CGO”) and Cogeco Communications Inc. (“CCA”, together with CGO, “Cogeco”) to acquire 100% of the issued and outstanding shares of Cogeco. Altice USA has also revised its arrangement with the largest long-term shareholder of Cogeco, Rogers Communications Inc. (“Rogers”) (TSX: RCI.A and RCI.B, NYSE: RCI), to sell all the Canadian assets of

Altice USA, Inc. Presents Revised and Enhanced Offer to Acquire Cogeco in Order to Own Atlantic Broadband

With healthy fundamentals and upward estimate revisions, Altice USA (ATUS) appears to be an enticing investment option in the volatile market.

What Makes Altice (ATUS) a Promising Investment Option?

NEW YORK--(BUSINESS WIRE)--Altice USA (NYSE: ATUS) will host a conference call on Thursday, October 29, 2020 at 4:30 p.m. EDT to discuss financial and operating results for the third quarter ended September 30, 2020. A press release reporting the results will be issued at 4:05 p.m. EDT. The call will be led by Dexter Goei, CEO, and Mike Grau, CFO. Dial-in Access Telephone Numbers: Participant Toll Free Dial-In Number: +1 (833) 968-2322 Participant International Dial-In Number: +1 (778) 560 2842

Altice USA to Hold Conference Call to Discuss Q3 2020 Results

Altice Europe's billionaire founder Patrick Drahi has offered to buy all the shares he does not already own in the telecoms and cable group, in a deal valuing the group at 4.9 billion euros ($5.8 billion).

Altice shares soar on founder Drahi's buyout offer

NEW YORK--(BUSINESS WIRE)--Altice USA (NYSE: ATUS) today announces that Dexter Goei, CEO will participate in the upcoming 29th Annual Goldman Sachs Communacopia conference on Tuesday, September 15, 2020, which will be held virtually. The Goldman Sachs presentation is scheduled to begin at 12:25pm EDT.

Altice USA to Participate in Upcoming Goldman Sachs Conference

MONTREAL, Sept. 7, 2020 /PRNewswire/ - As the designated representative of the Audet family, who holds controlling shares of Cogeco Inc.

Statement From Louis Audet With Regard to the Unsolicited, Non-Binding Proposal From Altice USA and Rogers Communications Inc.

NEW YORK--(BUSINESS WIRE)--Altice USA (NYSE: ATUS) today announces that Dexter Goei, CEO and Mike Grau, CFO will participate in the upcoming Bank of America Securities 2020 Media, Communications and Entertainment Conference on Wednesday, September 9, 2020. The presentation is scheduled to begin at 3:20pm EDT.

Altice USA to Participate in Upcoming Bank of America Conference

MONTREAL, Sept. 2, 2020 /PRNewswire/ - Cogeco Inc.

Cogeco and Cogeco Communications Boards of Directors Reject Unsolicited Non-Binding Takeover Proposal From Altice and Rogers

MONTREAL, Sept. 2, 2020 /PRNewswire/ - Gestion Audem, the Audet family holding company, has been made aware of the unsolicited, non-binding proposal from Altice USA and Rogers Communications Inc.

Gestion Audem Rejects the Unsolicited Non-Binding Proposal from Altice and Rogers

Cogeco and Cogeco Communications Announce Receipt of Unsolicited Non-Binding Proposal From Altice and Rogers

Altice USA Inc. ATUS, +3.90% said Wednesday that it has offered to buy Canada-based Cogeco Inc.

Altice USA offers to buy Cogeco, Cogeco Communications for equivalent of C$10.3 billion in cash

NEW YORK--(BUSINESS WIRE)--Altice USA (NYSE: ATUS) today makes the following statement following the sale of Altice USA shares by funds advised by BC Partners: After the market close today, funds advised by BC Partners elected to sell approximately 17.3 million Altice USA Class A shares, representing all of their remaining stake in the company. Consistent with Altice USA’s share repurchase program, the company elected to purchase approximately 6.9 million of these shares, for a total considerat

Altice USA Statement on Transaction by BC Partners

Altice Europe N.V. (ALVVF) CEO Alain Weill on Q2 2020 Results - Earnings Call Transcript

NEW YORK--(BUSINESS WIRE)--Altice USA (NYSE: ATUS) today reports results for the second quarter ended June 30, 2020. Dexter Goei, Altice USA Chief Executive Officer, said: “I am very proud of the Altice USA team for delivering such an exceptional quarter while navigating the challenges presented by the pandemic.

News for Altice USA Stock (ATUS)