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Dec 31, 2024
Altice USA Q4 2024 Earnings Report
Altice USA's financial performance declined slightly year-over-year, but showed record fiber and mobile performance.
Key Takeaways
Altice USA reported a slight decrease in total revenue for Q4 2024, alongside a net loss attributable to stockholders. However, the company saw record fiber and mobile performance and improved operational efficiency.
Total revenue decreased by 2.9% year-over-year to $2.2 billion.
Residential revenue decreased by 5.6% year-over-year to $1.7 billion.
Fiber customer growth accelerated with +57k net additions.
Optimum Mobile added +40k net mobile lines.
Revenue by Segment
Forward Guidance
Altice USA is focused on improving broadband subscriber trends, expanding product margins, growing fiber footprint, and delivering enhanced capital efficiency.
Positive Outlook
- Improve broadband subscriber trends
- Increase value-added services
- Grow mobile penetration
- Expand B2B product portfolio
- Grow fiber footprint through new builds
Challenges Ahead
- Challenging macro and competitive environment
- Continued competitive pressures across our footprint
- Muted trends in the income-constrained segment
- Decrease in total revenue
- Decrease in residential revenue
Historical Earnings Impact
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Avg. Return Before/After Earnings
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