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Stock impact report

Altice USA Inc (ATUS) Q3 2024 Earnings Call Highlights: Strategic Cost Reductions and Strong ... [Yahoo! Finance]

Altice USA, Inc. Class A (ATUS) 
Last altice usa, inc. class a earnings: 2/12 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Free Cash Flow: Approximately $100 million year-to-date. Operating Expenses: Reduced from over $2.7 billion to closer to $2.6 billion. Capital Expenditures: Expected to be $1.5 billion for the year, a reduction of $400 million from 2022. Residential ARPU: Sustained above $135 each quarter. Fiber Net Additions: 47,000 in Q3 2024, ending with 482,000 fiber customers. Mobile Line Additions: 36,000 new mobile lines, reaching 420,000 lines by the end of Q3 2024. Gross Margin: Expanded by 50 basis points year over year. Debt Repayment: Reduced revolving credit facility by $100 million in Q3 2024. Leverage Ratio: 7.1 times the last two quarters annualized adjusted EBITDA. Warning! GuruFocus has detected 5 Warning Signs with ATUS. Release Date: November 04, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript Altice USA Inc ( NYSE:ATUS ) achieved a significant reduction in operating expenses and capital expenditures, Show less Read more
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