Altice USA reports Q2 EPS 3c, consensus 7c

Reports Q2 revenue $2.2B, consensus 2.25B…Transactional NPS grew +34 points in the last 2 years from Q2 2022 to Q2 2024.Dennis Mathew, Altice USA Chairman and Chief Executive Officer, said: “In the second quarter our company achieved significant improvements in operational metrics and customer satisfaction, growth in our fiber, mobile, and B2B businesses, and continued stabilization of ARPU across our base. We elevated product and network quality, introduced refreshed go-to-market strategies, which are starting to gain traction, and launched Entertainment TV, Optimum’s new low-cost internet TV package available exclusively on Optimum Stream, providing more choice and flexibility for customers. Looking ahead, we have an innovative roadmap of future product and experience enhancements that we are eager to bring to current and prospective customers this year and beyond, and we remain focused on advancing network and service quality, driving profitable customer relationships, and maintaining financial discipline.”