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Altice USA Inc (NYSE:ATUS) stock is soaring today, extending yesterday's 11.7% pop, after a report from Bloomberg that billionaire Xavier Niel has expressed interest in buying the company's Portuguese operations.
Altice USA is in talks to sell financial streaming news service Cheddar to a private-equity firm.
Altice's (ATUS) third-quarter 2023 results reflect the adverse impact of a challenging macroeconomic environment and business uncertainties.
The headline numbers for Altice USA, Inc. (ATUS) give insight into how the company performed in the quarter ended September 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Altice USA, Inc. (NYSE:ATUS ) Q3 2023 Earnings Conference Call November 1, 2023 4:30 PM ET Company Participants Sarah Freedman - IR Dennis Mathew - CEO & Chairman Marc Sirota - CFO Conference Call Participants Philip Cusick - JPMorgan Chase & Co. Kutgun Maral - Evercore ISI Jonathan Chaplin - New Street Research Craig Moffett - MoffettNathanson Jessica Ehrlich Cohen - Bank of America Merrill Lynch Brett Feldman - Goldman Sachs Group Operator Greetings, and welcome to the Altice USA Third Quarter 2023 Results. [Operator Instructions].
Altice USA, Inc. (ATUS) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Altice USA, Inc. (ATUS) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Altice, the French company that recently bought a 24.5% stake in BT, is mulling a sale of some of its assets to cut its debt pile. According to reports last night, Altice, which is the vehicle of French telecoms billionaire Patrick Drahi, has appointed a raft of European banks to comb through its portfolio and recommend potential disposals.
Telecoms and cable group Altice has drafted in at least four investment banks to review its European assets amid a push to identify potential disposals to help cut debt, a person familiar with the matter said.
Cable and telecoms group Altice is nearing a deal to sell its data centres in France to Morgan Stanley Infrastructure Partners, Les Echos reported on Wednesday, as the group of French-Israeli billionaire Patrick Drahi rushes to free up cash.