Altice USA, Inc. (ATUS)

NYSE: ATUS · Real-Time Price · USD
2.260
-0.020 (-0.88%)
Oct 22, 2024, 4:00 PM EDT - Market closed
-0.88%
Market Cap 1.46B
Revenue (ttm) 9.11B
Net Income (ttm) -56.80M
Shares Out 644.81M
EPS (ttm) -0.12
PE Ratio n/a
Forward PE 35.26
Dividend n/a
Ex-Dividend Date n/a
Volume 1,758,393
Open 2.280
Previous Close 2.280
Day's Range 2.185 - 2.310
52-Week Range 1.520 - 3.660
Beta 1.53
Analysts Sell
Price Target 2.03 (-10.18%)
Earnings Date Nov 4, 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 9 analysts, the average rating for ATUS stock is "Sell." The 12-month stock price forecast is $2.03, which is a decrease of -10.18% from the latest price.

Price Target
$2.03
(-10.18% downside)
Analyst Consensus: Sell
Stock Forecasts

News

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...

14 days 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
27 days 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 weeks 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...

2 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...

2 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...

2 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...

2 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....

2 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...

2 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...

2 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 ...

4 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...

4 months 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...

4 months 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...

5 months 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.

5 months ago - Business Wire

Altice USA, Inc. (ATUS) Q1 2024 Earnings Call Transcript

Altice USA, Inc. (NYSE:ATUS) Q1 2024 Earnings Conference Call May 2, 2024 8:30 AM ET Company Participants Sarah Freedman - Investor Relations Dennis Mathew - Chairman and Chief Executive Officer Marc...

6 months ago - Seeking Alpha

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...

6 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
6 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,...

6 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...

7 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...

7 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...

7 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...

8 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...

8 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 ...

8 months ago - Business Wire