Altice USA Reports Q4 Loss, Misses Earnings Expectations

Altice USA faces challenges as it reports a net loss for Q4. The company recorded a loss of $54.12 million, or $0.12 per share, falling short of analysts' expectations for profit.

Date: 13-02-2025

AI Rating: 4

Earnings Per Share (EPS)
Altice USA's EPS for the fourth quarter was -$0.12, an improvement from -$0.26 for the same period last year. However, the company still missed analysts' expectations of $0.04, indicating ongoing financial struggles.

Net Income
The net income reported was -$54.12 million, which decreased from a significantly higher loss of -$117.81 million compared to the previous year.

Revenue Growth
The company's revenue fell by 2.9%, with figures dropping to $2.235 billion from $2.301 billion in the prior year. This decline reflects challenges in maintaining revenue streams.

The quarterly results show some signs of improvement in net loss but ultimately highlight ongoing difficulties in meeting market expectations, which could negatively impact investor sentiment.

Stocks: ATUS