Altice's Q3 Loss Wider Than Expected, Revenues Decline Y/Y
Altice USA(ATUS) ZACKS·2024-11-05 23:51
Altice USA, Inc. (ATUS) reported soft third-quarter 2024 results, with both adjusted earnings and revenues missing the Zacks Consensus Estimate.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The company reported a revenue decline year over year, owing to soft demand trends in the Residential, Business Services and Wholesale segments. However, growth in mobile line and fiber customer net additions, focus on network upgrades, improving customer care and financial discipline were the ...