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