ATUS Stock Recent News

Altice USA, Inc. (ATUS) came out with a quarterly loss of $0.12 per share versus the Zacks Consensus Estimate of $0.03. This compares to loss of $0.26 per share a year ago.

Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Altice USA (ATUS), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended December 2024.

Altice USA (ATUS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Company Introduces LightCube Edge Data Centers and Plans to Construct 4 Units Along NYC-Ashburn Route to Address Demand from Edge Compute and Other AI-Related Projects NEW YORK , Feb. 4, 2025 /PRNewswire/ -- Lightpath , an all-fiber, infrastructure-based connectivity provider revolutionizing how organizations connect to their digital destinations, announced the company has closed the transaction to acquire substantially all of the assets of United Fiber and Data (UFD). The company also introduced LightCube Edge Data Centers that will be first deployed along its NYC-Ashburn strategic network route.

Altice USA's long-term contracts with 4.6 million customers make future revenue and FCF forecasts straightforward, supporting a positive investment outlook. The company has shown consistent net income and FCF growth, with significant investments in property and equipment enhancing economies of scale. Recent debt reduction and restructuring efforts could positively impact stock valuation, despite challenges from competition and interest rate risks.

ATUS' Lightpath introduces two new performance units to better align its businesses with evolving market dynamics.

Major Infrastructure Solutions to be Headed by EVP Tim Haverkate Joe Harding Joins Company as President of Core Infrastructure & Networking Solutions NEW YORK , Jan. 21, 2025 /PRNewswire/ -- Lightpath , an all-fiber infrastructure-based connectivity provider that is revolutionizing how organizations connect to their digital destinations, announced the launch of two distinct performance units: Major Infrastructure Solutions for large-scale connectivity, and Core Infrastructure and Network Solutions for connecting enterprise customers to their digital destinations.   Lightpath launches two new performance units to respond to AI demand for both large-scale and enterprise businesses.

IRVING, Texas & NEW YORK--(BUSINESS WIRE)--Nexstar Media Group, Inc. (NASDAQ: NXST) and Altice USA (NYSE: ATUS) today announced that they have reached a comprehensive partnership agreement and all Nexstar programming has been restored to Altice USA's Optimum TV customers. Together, Nexstar and Optimum thank our customers and viewers for their patience as we partnered on the best deal for them. Specific terms of the agreement were not released. About Nexstar Media Group, Inc. Nexstar Media Group.

ATUS is focused on expanding its fiber network for increased market penetration and long-term sustainable growth.

2024 Bookings from AI-Related Connectivity Totaled Nearly $110 Million NEW YORK , Jan. 16, 2025 /PRNewswire/ --  Lightpath , an all-fiber, infrastructure-based connectivity provider that is revolutionizing how organizations connect to their digital destinations, announced that in 2024 the company booked nearly $110 million of artificial intelligence (AI)-driven digital infrastructure sales to hyperscalers. At the end of 2024, Lightpath's AI-related infrastructure opportunities pipeline totaled nearly $1 billion.