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Dec 31, 2021
Altice USA Q4 2021 Earnings Report
Altice USA's Q4 2021 results were reported, revealing a slight revenue decrease but progress in growth strategies and network enhancements.
Key Takeaways
Altice USA reported a slight decrease in total revenue for Q4 2021, with residential revenue declining while business services revenue grew. The company is focusing on network, product, and customer experience enhancements, including a multi-year fiber deployment plan. Net income decreased compared to the previous year, and the company is accelerating investments in key growth initiatives.
Total revenue declined -0.6% YoY to $2.52 billion, with residential revenue down -2.0% and business services up +12.1%.
Net income attributable to stockholders was $251.7 million ($0.56/share), compared to $330.5 million ($0.60/share) in Q4 2020.
Adjusted EBITDA decreased -5.9% YoY to $1.08 billion with a margin of 43.0%.
Company announced a new plan to bring 100% fiber broadband to more than two thirds of its entire footprint over the next four years.
Revenue by Segment
Forward Guidance
Altice USA expects to further accelerate investments in key growth initiatives, increasing cash capex to approximately $1.7 billion to $1.8 billion excluding capital expenditures associated with potential subsidized rural broadband construction.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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