Altice's Q3 Loss Wider Than Expected, Revenues Decline Y/Y [Yahoo! Finance]
Altice USA, Inc. Class A (ATUS)
Last altice usa, inc. class a earnings: 2/12 04:05 pm
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Source: Yahoo! Finance
Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar The company reported a revenue decline year over year, owing to soft demand trends in the Residential, Business Services and Wholesale segments. However, growth in mobile line and fiber customer net additions, focus on network upgrades, improving customer care and financial discipline were the positives. Net loss in the quarter was $43 million or a loss of 9 cents per share against a net income of $66.8 million or 15 cents per share in the prior-year quarter. This was primarily due to top-line contraction and higher interest expenses. The bottom line missed the Zacks Consensus Estimate by 11 cents. Altice USA, Inc. price-consensus-eps-surprise-chart | Altice USA, Inc. Quote Quarterly total revenues declined to $2.23 billion from $2.32 billion in the prior year, owing to lower contributions from Residential, Business Services and Wholesale segments due to macroeconomic uncertainty. Revenues missed the con
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ATUS
Earnings
- 11/4/24 - Miss
ATUS
Sec Filings
- 11/22/24 - Form 4
- 11/21/24 - Form 4
- 11/20/24 - Form 4
- ATUS's page on the SEC website