Altice USA, Inc. (ATUS)

NYSE: ATUS · Real-Time Price · USD
2.760
+0.030 (1.10%)
Jan 17, 2025, 4:00 PM EST - Market closed
1.10%
Market Cap 1.27B
Revenue (ttm) 9.02B
Net Income (ttm) -166.61M
Shares Out 461.63M
EPS (ttm) -0.37
PE Ratio n/a
Forward PE 11.56
Dividend n/a
Ex-Dividend Date n/a
Volume 2,191,669
Open 2.800
Previous Close 2.730
Day's Range 2.670 - 2.810
52-Week Range 1.520 - 3.180
Beta 1.51
Analysts Hold
Price Target 2.39 (-13.41%)
Earnings Date Feb 13, 2025

About ATUS

Altice USA, Inc., together with its subsidiaries, provides broadband communications and video services in the United States, Canada, Puerto Rico, and the Virgin Islands. It offers broadband, video, telephony, and mobile services to residential and business customers. The company’s video services include delivery of broadcast stations and cable networks; over the top services; video-on-demand, high-definition channels, digital video recorder, and pay-per-view services; and platforms for video programming through mobile applications. In addition,... [Read more]

IPO Date Jun 22, 2017
Employees 10,600
Stock Exchange NYSE
Ticker Symbol ATUS
Full Company Profile

Financial Performance

In 2023, Altice USA's revenue was $9.24 billion, a decrease of -4.26% compared to the previous year's $9.65 billion. Earnings were $53.20 million, a decrease of -72.66%.

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for ATUS stock is "Hold." The 12-month stock price forecast is $2.39, which is a decrease of -13.41% from the latest price.

Price Target
$2.39
(-13.41% downside)
Analyst Consensus: Hold
Stock Forecasts

News

Nexstar and Optimum Partner and Reach Agreement Returning Nexstar Content to Optimum Customers Immediately

IRVING, Texas & NEW YORK--(BUSINESS WIRE)--Nexstar Media Group, Inc. (NASDAQ: NXST) and Altice USA (NYSE: ATUS) today announced that they have reached a comprehensive partnership agreement and all Nex...

Other symbols: NXST
2 days ago - Business Wire

Lightpath Responding to Nearly $1 Billion of Growing AI-Driven Demand

2024 Bookings from AI-Related Connectivity Totaled Nearly $110 Million NEW YORK , Jan. 16, 2025 /PRNewswire/ --  Lightpath , an all-fiber, infrastructure-based connectivity provider that is revolution...

4 days ago - PRNewsWire

Altice USA to Hold Conference Call to Discuss Q4 and Full Year 2024 Results

NEW YORK--(BUSINESS WIRE)--Altice USA (NYSE: ATUS) will host a conference call on Thursday, February 13, 2025, at 8:30 a.m. ET to discuss financial and operating results for the fourth quarter and ful...

7 days ago - Business Wire

Altice to spend millions on internet upgrades in settlement with West Virginia

The parent company of one of West Virginia's largest internet providers has reached a settlement with the state to resolve thousands of consumer complaints.

9 days ago - TechXplore

MSG says Altice walked away from negotiations as Optimum saga takes another twist

The ongoing saga between MSG Networks and Altice — the parent company of Optimum — has taken another turn.

9 days ago - New York Post

Optimum-MSGN Standoff Could Pressure MSG Networks' Finances: Analyst

JP Morgan analyst David Karnovsky shared views on the impact of the Optimum-MSGN carriage battle on Sphere Entertainment Co. SPHR and Madison Square Garden Sports Corp. MSGS.

Other symbols: MSGSSPHR
14 days ago - Benzinga

MSG Networks, home of Knicks and Rangers, goes dark for Altice USA's Optimum cable customers

MSG Networks, the channels that play local games for New York-area teams including the New York Knicks, went dark for Altice USA's Optimum cable TV customers early Wednesday. The blackout occurred due...

19 days ago - CNBC

Optimum Reaches 500,000 Customers on 100% Fiber Internet Network

NEW YORK--(BUSINESS WIRE)--Today Optimum, a brand of Altice USA (NYSE: ATUS), announces the milestone of 500,000 residential customers on its 100% Fiber Internet network. Available to over 2.9 million...

2 months ago - Business Wire

Lightpath Announces GRESB Score of 97 and 5-Star Rating

Lightpath Continues to Lead its Peer Group in the Americas NEW YORK , Nov. 21, 2024 /PRNewswire/ --  Lightpath , an all-fiber, infrastructure-based connectivity provider that is revolutionizing how or...

2 months ago - PRNewsWire

Altice USA Q3 Results: Too Much Competition And Concerns About Debt

Altice USA, Inc.'s Q3 earnings report showed a revenue decline of 3.9% y/y, missing estimates, with GAAP EPS at a loss of $-0.09, also missing expectations. The company's significant $25B debt, low fr...

2 months ago - Seeking Alpha

Altice USA, Inc. (ATUS) Q3 2024 Earnings Call Transcript

Altice USA, Inc. (ATUS) Q3 2024 Earnings Call Transcript

2 months ago - Seeking Alpha

Altice USA Reports Third Quarter 2024 Results

NEW YORK--(BUSINESS WIRE)--Altice USA (NYSE: ATUS) today reports results for the third quarter ended September 30, 2024. Dennis Mathew, Altice USA Chairman and Chief Executive Officer, said: "Over the...

2 months ago - Business Wire

Optimum Announces Extra TV and Everything TV, Two New Video Packages That Provide More Choice, Value and Flexibility, Ushering in a New Era for Optimum TV

NEW YORK--(BUSINESS WIRE)--Optimum is ushering in a new era for Optimum TV with the announcement of Extra TV and Everything TV, two new video packages that provide customers with more choice, flexibil...

2 months ago - Business Wire

Altice USA to Hold Conference Call to Discuss Q3 2024 Results

NEW YORK--(BUSINESS WIRE)--Altice USA (NYSE: ATUS) will host a conference call on Monday, November 4, 2024, at 4:30 p.m. ET to discuss financial and operating results for the third quarter ended Septe...

3 months ago - Business Wire

Lightpath Deploys Industry's First 400G Protected Circuit Utilizing Power-Efficient Ciena WaveLogic 5 Nano Coherent Optics

Raises ceiling for high-availability network services while using 80% less power NEW YORK , Sept. 25, 2024 /PRNewswire/ -- Lightpath , an all-fiber, infrastructure-based connectivity provider that is ...

Other symbols: CIEN
4 months ago - PRNewsWire

Rachel Stack, CFO of Lightpath, to Speak at TMT M&A Forum USA 2024 on Fiber Industry Consolidation

NEW YORK , Sept. 18, 2024 /PRNewswire/ -- Rachel Stack, newly named CFO of Lightpath , will join an esteemed panel of industry leaders at the TMT M&A Forum USA 2024, organized by TMT Finance, which fo...

4 months ago - PRNewsWire

Altice USA to Present at the 2024 Bank of America Securities Media, Communications and Entertainment Conference

NEW YORK--(BUSINESS WIRE)--Altice USA (NYSE: ATUS) today announces that Dennis Mathew, Chairman and CEO, and Marc Sirota, CFO, will present at the 2024 Bank of America Securities Media, Communications...

5 months ago - Business Wire

Altice USA to Participate in the 2024 Goldman Sachs Communacopia + Technology Conference

NEW YORK--(BUSINESS WIRE)--Altice USA (NYSE: ATUS) today announces that Dennis Mathew, Chairman and CEO, will participate in a fireside chat at the 2024 Goldman Sachs Communacopia + Technology Confere...

5 months ago - Business Wire

Lightpath Appoints Rachel Stack as Chief Financial Officer

NEW YORK , Aug. 12, 2024 /PRNewswire/ -- Lightpath , an all-fiber, infrastructure-based connectivity provider revolutionizing how organizations connect to their digital destinations, announced the app...

5 months ago - PRNewsWire

Bharti Buys Stake in BT From Patrick Drahi's Troubled Altice

Bharti Global, founded by billionaire Sunil Bharti Mittal, has agreed to buy a major stake in BT from shareholder Altice UK, part of Patrick Drahi's troubled telecommunications empire, a deal that wil...

5 months ago - Bloomberg Markets and Finance

Bharti will become BT's biggest shareholder after buying a 25%, $4B stake from Altice

BT, the U.K.'s former incumbent telecoms carrier, is picking up a major new investor today as telecoms companies look for stronger footing in the rapidly-shifting technology and communications market....

5 months ago - TechCrunch

Altice USA, Inc. (ATUS) Q2 2024 Earnings Call Transcript

Altice USA, Inc. (NYSE:ATUS) Q2 2024 Earnings Call Transcript August 1, 2024 8:30 AM ET Company Participants Sarah Freedman - IR Dennis Mathew - Chairman and CEO Marc Sirota - CFO Conference Call Par...

6 months ago - Seeking Alpha

Altice USA Reports Second Quarter 2024 Results

NEW YORK--(BUSINESS WIRE)--Altice USA (NYSE: ATUS) today reports results for the second quarter ended June 30, 2024. Dennis Mathew, Altice USA Chairman and Chief Executive Officer, said: "In the secon...

6 months ago - Business Wire

Altice USA to Hold Conference Call to Discuss Q2 2024 Results

NEW YORK--(BUSINESS WIRE)--Altice USA (NYSE: ATUS) will host a conference call on Thursday, August 1, 2024 at 8:30 a.m. ET to discuss financial and operating results for the second quarter ended June ...

7 months ago - Business Wire

MiCTA Selects Lightpath as an Approved Vendor for Connectivity Services

NEW YORK , June 26, 2024 /PRNewswire/ -- MiCTA, a national, non-profit group purchasing organization located in Saginaw, MI, has named Lightpath as an approved vendor for its Internet, Ethernet, Wavel...

7 months ago - PRNewsWire