as 07-26-2024 4:00pm EST
Altice Europe acquired privately held U.S. cable company Suddenlink in 2015 and Cablevision in 2016. Suddenlink's networks provide television, internet access, and phone services to roughly 4 million U.S. homes and businesses located primarily in smaller markets, with major clusters in Texas, West Virginia, Idaho, Arizona, and Louisiana. Cablevision provides comparable services to about 5.5 million homes and business in the New York City metro area. Both regions now operate under the Optimum brand name. Altice Europe spun off Altice USA, which includes both the Suddenlink and Cablevision operations, to shareholders in 2018. Altice USA also owns News 12 Networks, which broadcasts local news in New York and i24News, a news operation focused on the Middle East.
Upcoming Earnings Alert:
Get ready for potential market movements as Altice USA Inc. ATUS prepares to release earnings report on 01 Aug 2024.
Founded: | N/A | Country: | United States |
Employees: | N/A | City: | LONG ISLAND CITY |
Market Cap: | 929.1M | IPO Year: | 2017 |
Target Price: | $2.36 | AVG Volume (30 days): | 4.4M |
Analyst Decision: | Hold | Number of Analysts: | 10 |
Dividend Yield: | N/A | Dividend Payout Frequency: | N/A |
EPS: | 0.01 | EPS Growth: | -80.00 |
52 Week Low/High: | $1.55 - $3.82 | Next Earning Date: | 08-01-2024 |
Revenue: | $9,194,021,000 | Revenue Growth: | -3.42% |
Revenue Growth (this year): | -0.53% | Revenue Growth (next year): | -3.44% |
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