Cable and Satellite Stocks Q2 Recap: Benchmarking Altice (NYSE:ATUS) [Yahoo! Finance]
Altice USA, Inc. Class A (ATUS)
Last altice usa, inc. class a earnings: 2/12 04:05 pm
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US:NYSE Investor Relations:
investors.alticeusa.com/investors/overview/default.aspx
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Source: Yahoo! Finance
The massive physical footprints of fiber in the ground or satellites in space make it challenging for companies in this industry to adjust to shifting consumer habits. Over the last decade-plus, consumers have ‘cut the cord' to their traditional cable subscriptions in favor of streaming options. While that is a headwind, this affinity to streaming means more households need high-speed internet, and companies that successfully serve customers can enjoy high retention rates and pricing power since the options for internet connectivity in any geography is usually limited. The 6 cable and satellite stocks we track reported a slower Q2. As a group, revenues missed analysts' consensus estimates by 0.6% while next quarter's revenue guidance was in line. The Fed cut its policy rate by 50bps (half a percent) in September 2024, the first in roughly four years. This marks the end of its most pointed inflation-busting campaign since the 1980s. While CPI (inflation) readings have been support
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ATUS
News
- Altice USA: Heavily Levered Company Facing Heavy Competition [Seeking Alpha]Seeking Alpha
- Rachel Stack, CFO of Lightpath, to Speak at TMT M&A Forum USA 2024 on Fiber Industry ConsolidationPR Newswire
- Is Altice USA, Inc. (ATUS) the Worst Communication Services Stock to Buy According to Short Sellers? [Yahoo! Finance]Yahoo! Finance
- Altice International Weighs Separate Deals for Portugal Assets [BNN Bloomberg (Canada)]BNN Bloomberg
- Altice USA to Present at the 2024 Bank of America Securities Media, Communications and Entertainment Conference [Yahoo! Finance]Yahoo! Finance
ATUS
Earnings
- 8/1/24 - Miss
ATUS
Sec Filings
- 9/4/24 - Form SC
- 8/1/24 - Form 10-K/A
- 8/1/24 - Form 10-Q
- ATUS's page on the SEC website