Altice USA Sheds 77,000 Video Subscribers Amid Third Quarter Revenue Fall [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
The cable operator, led by CEO Dennis Mathew, shed 77,000 more video customers during the third quarter, lowering its total video subscriber base to just over 2.1 million Optimum pay TV customers. That follows 72,800 video customers lost during the second quarter earlier this year, and 77,600 video subscribers shed during the third quarter of 2023. More from The Hollywood Reporter Altice USA Sheds 72,800 Video Subscribers as Quarterly Revenue, Earnings Shrink Altice USA CEO Responds to Charter Takeover Speculation Altice USA CEO Talks Disney-Charter Carriage Deal: "The Model Is Broken" During the third quarter to Sept. 30, 2024 Altice USA saw overall revenue fall 4 percent to $2.2 billion, against a year-earlier $2.3 billion. Video TV revenue fell to $715 million during the latest financial quarter, compared to $775.8 million in the third quarter of 2023. Altice USA also lost 50,000 broadband subscribers in the third quarter, in part due to the federal government ending i
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News
- Altice USA, Inc. (NYSE: ATUS) had its price target raised by analysts at Citigroup Inc. from $2.50 to $3.00. They now have a "buy" rating on the stock.MarketBeat
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- Lightpath Announces GRESB Score of 97 and 5-Star RatingPR Newswire
ATUS
Earnings
- 11/4/24 - Miss
ATUS
Sec Filings
- 12/23/24 - Form 4
- 12/23/24 - Form 4
- 12/20/24 - Form 4
- ATUS's page on the SEC website