earnings
confidence high
sentiment negative
materiality 0.80
Altice USA Q4 revenue $2.2B (-2.9% YoY); net loss $54M; fiber customers +58%, mobile lines +43%
Optimum Communications, Inc.
2024-FY EPS reported
-$0.22
revenue$8,954,417,000
- Total revenue $2.2B Q4, $9.0B FY; net loss $54M Q4, $103M FY (vs $53M profit FY 2023).
- Adjusted EBITDA $838M Q4 (margin 37.5%), $3.4B FY (margin 38.1%); Free cash flow $49.9M Q4, $149.4M FY.
- Fiber customers reached 538k (+58% YoY) with record net adds 57k Q4 and 197k FY; fiber penetration 18.2%.
- Mobile lines ended at 460k (+43% YoY); net adds 40k Q4, 137k FY; 5.7% broadband base converged with mobile.
- Broadband PSU net losses -39k Q4, -170k FY (vs -27k and -114k prior year); total passings 9.8M, +210k FY.