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Altice Usa Inc (NYSE: ATUS) |
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Price: $2.5300
$0.01 
0.397%
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| Day's High:
| $2.615
| Week Perf:
| 7.2 %
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| Day's Low: |
$ 2.52 |
30 Day Perf: |
-7.33 % |
| Volume (M): |
1,724 |
52 Wk High: |
$ 3.20 |
| Volume (M$): |
$ 4,362 |
52 Wk Avg: |
$2.32 |
| Open: |
$2.54 |
52 Wk Low: |
$1.52 |
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| Market Capitalization (Millions $) |
1,184 |
| Shares
Outstanding (Millions) |
468 |
| Employees |
13,900 |
| Revenues (TTM) (Millions $) |
8,954 |
| Net Income (TTM) (Millions $) |
-78 |
| Cash Flow (TTM) (Millions $) |
-91 |
| Capital Exp. (TTM) (Millions $) |
1,433 |
Altice Usa Inc
Altice USA Inc. is an American communications and media conglomerate. It is one of the largest broadband communications and video service providers in the US, offering a wide range of services to residential and business customers in the New York metropolitan area and other areas across the country.
The company was formed in 2016 when Altice Group, a multinational cable and telecommunications company, acquired Cablevision Systems Corporation, a major cable television and internet service provider in New York City, Long Island, and the surrounding areas. In addition to Cablevision, Altice USA also includes Suddenlink Communications, a leading cable operator serving rural America with approximately5 million residential and business customers across 18 states.
Altice USA offers a diverse range of products including high-speed internet, pay-TV, voice services, Wi-Fi options, and digital advertising. Some of its most popular brands include Optimum and Suddenlink. The company is also working on expanding its 5G mobile network capabilities through partnerships with other major telecommunications providers.
In addition to its traditional business operations, Altice USA is also investing in new technologies and acquisitions aimed at transforming the media and entertainment industries. The company operates Altice News, a digital news publication that covers national and local politics, technology, and entertainment, as well as programming content such as News 12 Networks, the largest local news provider in the New York tri-state area.
Overall, Altice USA is a major player in the telecommunications and media industries in the US, serving millions of households and businesses across the country with high-quality digital communication and media services.
Company Address: 1 Court Square West Long Island City, 11101 NY
Company Phone Number: 803-2300 Stock Exchange / Ticker: NYSE ATUS
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| Stock Performances by Major Competitors |
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| Business Update
Published Thu, Nov 21 2024 5:47 PM UTC
In a significant achievement reflecting robust market demand and consumer satisfaction, Optimum a brand of Altice USA (NYSE: ATUS) has successfully reached a milestone of 500,000 residential customers utilizing its 100% Fiber Internet network. This accomplishment underscores Optimum?s commitment to providing seamless, high-speed internet connectivity and highlights the brand...
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| Altice Usa Inc
Altice USA Inc. has experienced a significant decrease in its stock price over the past 3 months, with a 13.66% decline, and an even larger drop of 24.62% in the trailing 30 days. The stock is currently trading only 12.3% above its 52-week low. This decline in stock price can be attributed to the company's recent financial performance, particularly in the first quarter of the 2024 earnings season.
During the first quarter of 2024, Altice USA Inc. reported a decrease in revenue by 1.876% to $2.25 billion, leading to a deficit per share of $-0.05. This is a sharp contrast to the previous year, where the company had achieved a profit per share of $0.06 in the same reporting period. This decline in revenue and profitability is in stark contrast to the rest of the Broadcasting Media & Cable TV industry, which recorded revenue growth during the same period.
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| Management Changes
Published Mon, Mar 11 2024 1:00 PM UTC
Altice USA Expands Financial Leadership Team with New Appointments
Altice USA, a leading telecommunications and media company, has announced the appointments of John Hsu as Senior Vice President (SVP) of Corporate Finance and John Lombana as SVP of Corporate Controller. These new additions to the financial leadership team are part of Altice USA s efforts to strengthen it...
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| Product Service News
Published Fri, Mar 1 2024 2:00 PM UTC
Optimum Chooses Publicis O1 as its Agency of Record: A Strategic Move to Propel Brand Growth and Connectivity ServicesIn an effort to bolster its brand growth and expand its suite of powerful connectivity products, Optimum, a well-known brand of Altice USA, has recently announced its selection of New York-based agency O1, a Publicis Power of One solution, as its Creative, Me...
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| Altice Usa Inc
Altice USA recently released its financial results for the fourth quarter and full year ended December 31, 2023, highlighting the significant improvements made across various areas of the business. These results showcase the beginning of a transformative journey for Optimum, one of Altice USA's renowned brands. Alongside the financial data, Optimum has also made strategic leadership appointments and structural changes aimed at driving growth, accelerating transformation efforts, and enhancing customer experiences. This article will examine the financial results, the impact of the new leadership appointments, and how these factors are expected to shape Altice USA going forward.
Financial Results Overview:
The most recent fiscal period showcased a decrease in losses per share compared to the previous year, with a decline from $0.43 to $0.26. However, income per share fell from $0.15 to $0.12, reflecting a 72.09% drop. The revenue also decreased by 2.853% to $2.30 billion compared to $2.37 billion in the previous reporting season. Additionally, Altice USA reported a net deficit of $113.792 million, representing a significant improvement from the $192.413 million deficit in the comparable reporting season a year ago. Operating earnings increased by 0.38% to $302.262 million.
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| Per Share |
Current |
| Earnings (TTM) |
-0.23 $ |
| Revenues (TTM) |
19.14 $
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| Cash Flow (TTM) |
- |
| Cash |
0.55 $
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| Book Value |
-
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| Dividend (TTM) |
0 $ |
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| Per Share |
|
| Earnings (TTM) |
-0.23 $
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| Revenues (TTM) |
19.14 $ |
| Cash Flow (TTM) |
- |
| Cash |
0.55 $
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| Book Value |
- |
| Dividend (TTM) |
0 $ |
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| Residential revenue |
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 77.61 % |
of total Revenue |
| Broadband |
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41 % |
of total Revenue |
| Video |
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32.1 % |
of total Revenue |
| Telephony |
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3.14 % |
of total Revenue |
| Mobile |
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1.37 % |
of total Revenue |
| Business services and wholesale |
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16.45 % |
of total Revenue |
| News and advertising |
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5.28 % |
of total Revenue |
| Other |
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0.66 % |
of total Revenue |
| Franchise |
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2.36 % |
of total Revenue |
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2.37%