Altice USA Reports First Quarter 2019 Results

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/27/2026

1. ORCL
2. AVGO
3. CDNS
4. SPY
5. INTC
6. META
7. AAPL
8. JBLU
9. ANT
10. NVDA

Go back to Altice USA Reports First Quarter 2019 Results

Altice USA (ATUS) Misses Q1 EPS by 11c; Affirms Growth Outlook

May 2, 2019 4:29 PM EDT

Altice USA (NYSE: ATUS) reported Q1 EPS of ($0.04), $0.11 worse than the analyst estimate of $0.07. Revenue for the quarter came in at $2.4 billion versus the consensus estimate of $2.4 billion.

Altice USA Key Financial Highlights

Revenue growth +2.9% YoY in Q1 2019 to $2.40 billion, driven by Residential revenue growth of +2.4%, Business services revenue growth of +5.3% and advertising revenue growth of +6.8%.Net loss reduced to $25 million in Q1 2019, or $0.04/share (from $129 million in Q1 2018, or $0.17/share).Adjusted EBITDA grew +5.3% YoY to $1.03 billion, an Adjusted... More