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Altice Usa Inc   (ATUS)
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Price: $1.9200 $-0.05 -2.538%
Day's High: $2.01 Week Perf: -1.03 %
Day's Low: $ 1.90 30 Day Perf: -26.44 %
Volume (M): 1,027 52 Wk High: $ 3.82
Volume (M$): $ 1,972 52 Wk Avg: $2.75
Open: $1.98 52 Wk Low: $1.75



 Market Capitalization (Millions $) 851
 Shares Outstanding (Millions) 443
 Employees 20,000
 Revenues (TTM) (Millions $) 9,237
 Net Income (TTM) (Millions $) 79
 Cash Flow (TTM) (Millions $) -6
 Capital Exp. (TTM) (Millions $) 1,705

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
   


   

Stock Performances by Major Competitors

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Management Changes

Altice USA Bolsters Financial Team with Senior Appointments to Drive Performance and Overcome Market Challenges

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...

Product Service News

Optimum Partners with Publicis O1 to Catapult Brand Growth and Connectivity Services

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...

Altice Usa Inc

Altice USA Inc. Shows Improved Financial Performance with a Deficit of $-0.26 per Share in Latest Fiscal Period



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.

Management Changes

Optimum Accelerates Transformation with New Leadership Appointments, Paving the Way for Unparalleled Customer Experiences

Published Fri, Dec 1 2023 2:30 PM UTC



Optimum, a renowned brand of Altice USA, recently made a significant announcement regarding its new leadership appointments. The company has introduced dedicated Consumer Services and Business Services divisions, expanded its leadership team, and placed a strong emphasis on fostering innovation. With these strategic changes, Optimum aims to drive growth, accelerate...

Altice Usa Inc

Altice USA Inc. experiences a significant 21.05% decline in EPS, indicating a bearish trend

Altice USA (NYSE: ATUS) recently reported soft financial numbers for the time-frame closing September 30, 2023, indicating a bearish trend for the company. The income per share fell by a significant -21.05% to $0.15, while revenue experienced a decrease of -3.19% to $2.32 billion year on year. These numbers are in stark contrast to the overall top-line growth experienced by the Broadcasting Media & Cable TV industry during the same period.
Comparing the recent numbers to the previous financial reporting period, revenue saw a decrease of -0.304% from $2.32 billion, and profits fell by -11.76% from $0.17 per share. Furthermore, the net income for the time-frame ending September 30, 2023, dropped by -22.64% to $75.515 million when compared to the corresponding period a year before.






 

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Altice Usa Inc does not provide revenue guidance.

Earnings Outlook
Altice Usa Inc does not provide earnings estimates.

 
Geographic Revenue Dispersion




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