Altice USA reports Q4 EPS (12c), consensus 4c

Reports Q4 revenue $2.24B, consensus $2.24B. Dennis Mathew, Altice USA (ATUS) chairman and CEO, said: “2024 was a transformative year for Optimum, marked by significant progress in strengthening our operations, enhancing customer experiences, and reinforcing financial discipline. We delivered record fourth quarter and full-year fiber and mobile performance, improved operational efficiency, and maintained positive Free Cash Flow despite a challenging macro and competitive environment. As we enter phase two of our transformation in 2025, we remain focused on expanding our product portfolio and AI-driven capabilities, enhancing margins through continued efficiencies, and accelerating multi-gig availability – all while demonstrating strong capital stewardship to support our long-term growth objectives.”