Altice USA, Inc. (ATUS)

NYSE: ATUS · IEX Real-Time Price · USD
1.780
-0.040 (-2.20%)
At close: Jul 19, 2024, 4:00 PM
1.830
+0.050 (2.81%)
After-hours: Jul 19, 2024, 7:57 PM EDT
-2.20%
Market Cap 818.73M
Revenue (ttm) 9.19B
Net Income (ttm) 6.14M
Shares Out 459.96M
EPS (ttm) 0.01
PE Ratio 178.00
Forward PE 7.39
Dividend n/a
Ex-Dividend Date n/a
Volume 1,942,753
Open 1.830
Previous Close 1.820
Day's Range 1.780 - 1.850
52-Week Range 1.745 - 3.820
Beta 1.49
Analysts Hold
Price Target 2.36 (+32.58%)
Earnings Date Aug 1, 2024

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 $2.36, which is an increase of 32.58% from the latest price.

Price Target
$2.36
(32.58% upside)
Analyst Consensus: Hold
Stock Forecasts

News

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 ...

24 days 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...

24 days ago - PRNewsWire

Lightpath to Acquire United Fiber & Data Assets

Lightpath Will Add Geographically Diverse, High-Fiber Count Network Between New York City and Ashburn, VA, and Increase Serviceable Market in Manhattan by over 20% NEW YORK , June 10, 2024 /PRNewswire...

5 weeks ago - PRNewsWire

Introducing Optimum Media

LONG ISLAND CITY, N.Y.--(BUSINESS WIRE)--Effective today, a4 Media, the advanced advertising and data business owned by Altice USA, will rebrand to Optimum Media to further unify with the company's Op...

6 weeks ago - Business Wire

Altice Dominicana and iBASIS Renew International Voice Services Outsourcing Deal

LEXINGTON, Mass.--(BUSINESS WIRE)-- #InternetofThings--iBASIS and Altice Dominicana announce that they have renewed their successful outsourcing agreement for voice services for four years.

2 months ago - Business Wire

Altice USA Reports First Quarter 2024 Results

NEW YORK--(BUSINESS WIRE)--Altice USA (NYSE: ATUS) today reports results for the first quarter ended March 31, 2024. Dennis Mathew, Altice USA Chairman and Chief Executive Officer, said: "Our first-qu...

2 months ago - Business Wire

Ookla® Ranks Optimum Fiber as Fastest and Most Reliable Internet Speeds in New York and New Jersey

NEW YORK--(BUSINESS WIRE)--Optimum, the provider of advanced internet, mobile, TV, and phone services, today announces that its 100% Fiber Internet network has been recognized by Ookla® Speedtest® for...

Other symbols: ZD
3 months ago - Business Wire

Altice USA to Hold Conference Call to Discuss Q1 2024 Results

NEW YORK--(BUSINESS WIRE)--Altice USA (NYSE: ATUS) will host a conference call on Thursday, May 2, 2024 at 8:30 a.m. ET to discuss financial and operating results for the first quarter ended March 31,...

3 months ago - Business Wire

Optimum Unveils New Brand Platform and Marketing Campaign With Focus on Its Local Communities and Customers

NEW YORK--(BUSINESS WIRE)--Optimum, a brand of Altice USA (NYSE: ATUS), today reveals its new brand platform and marketing campaign, which centers on the company's ability to bring customers and commu...

3 months ago - Business Wire

Optimum to Bring 100% Fiber Internet Network to Montclair and West Orange, New Jersey

MONTCLAIR, N.J. & WEST ORANGE, N.J.--(BUSINESS WIRE)--Optimum today announces the planned deployment of its 100% fiber-to-the-home network in Montclair and West Orange, New Jersey, which will enable t...

3 months ago - Business Wire

Altice USA to Participate in the NSR and BCG Fiber to the Future 2024 Conference

NEW YORK--(BUSINESS WIRE)--Altice USA (NYSE: ATUS) today announces that Marc Sirota, CFO, will participate in the New Street Research and Boston Consulting Group Fiber to the Future Conference on Frid...

4 months ago - Business Wire

Altice USA Expands Financial Leadership Team with Appointments of John Hsu, SVP, Corporate Finance and John Lombana, SVP, Corporate Controller

NEW YORK--(BUSINESS WIRE)--Altice USA (NYSE: ATUS) today announces the appointments of John Hsu, SVP, Corporate Finance and John Lombana, SVP, Corporate Controller, both reporting to Chief Financial O...

4 months ago - Business Wire

Optimum Selects Publicis O1 As Agency of Record

NEW YORK--(BUSINESS WIRE)--Following a competitive review, Optimum, a brand of Altice USA (NYSE: ATUS), announced today it has selected New York-based O1, a Publicis Power of One solution, as its Crea...

5 months ago - Business Wire

Altice USA to Participate in the Morgan Stanley Technology, Media & Telecom Conference

NEW YORK--(BUSINESS WIRE)--Altice USA (NYSE: ATUS) today announces that Dennis Mathew, Chairman and CEO, will participate in the Morgan Stanley Technology, Media & Telecom Conference on Monday, March ...

5 months ago - Business Wire

Charter appears to be the ‘natural buyer' of Altice USA — but how likely is a deal right now?

Charter Communications Inc. “has always been the natural buyer” of Altice USA Inc., according to a Wolfe Research analyst. But could a deal actually happen?

Other symbols: CHTR
5 months ago - Market Watch

Charter Communications to Weigh Altice USA Takeover

Charter Communications is exploring a takeover of smaller cable provider Altice USA, according to people with knowledge of the matter. Abigail Doolittle reports.

Other symbols: CHTR
5 months ago - Bloomberg Markets and Finance

Altice USA shares spike 30% on report Charter is considering acquisition

Altice USA shares spike 30% on report Charter is considering acquisition

5 months ago - CNBC

Altice USA Reports Fourth Quarter and Full Year 2023 Results

NEW YORK--(BUSINESS WIRE)--Altice USA (NYSE: ATUS) today reports results for the fourth quarter and full year ended December 31, 2023. Dennis Mathew, Altice USA Chairman and Chief Executive Officer, s...

5 months ago - Business Wire

ONGOING INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Altice USA, Inc. and Encourages Investors to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / February 3, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in Altice USA, In...

6 months ago - Accesswire

INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Altice USA, Inc. and Encourages Investors to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / January 27, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in Altice USA, In...

6 months ago - Accesswire

IMPORTANT INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Altice USA, Inc. and Encourages Investors to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / January 23, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in Altice USA, In...

6 months ago - Accesswire

SHAREHOLDER ACTION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Altice USA, Inc. and Encourages Investors to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / January 21, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in Altice USA, In...

6 months ago - Accesswire

Altice USA to Hold Conference Call to Discuss Q4 and Full Year 2023 Results

NEW YORK--(BUSINESS WIRE)--Altice USA (NYSE: ATUS) will host a conference call on Wednesday, February 14, 2024 at 4:30 p.m. ET to discuss financial and operating results for the fourth quarter and ful...

6 months ago - Business Wire

Cheddar News furloughs workers days after being sold by Altice USA: report

Altice USA, the US arm of European telecom conglomerate, is the parent company which operates Optimum -- the brand name of what was once Cablevision.

7 months ago - New York Post

3 Charts For Investors to Watch Friday: Alphabet, Tesla, Altice USA

Here's our daily look at three charts tied to recent news-driven price moves, with key technical levels to watch.

Other symbols: GOOGGOOGLTSLA
7 months ago - Investopedia