P10 Holdings, Inc. ( (PX) ) has released its Q2 earnings. Here is a breakdown of the information P10 Holdings, Inc. presented to its investors.
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Altice USA is a major broadband communications and video services provider in the United States, operating under the Optimum brand and offering services such as broadband, video, mobile, and advertising to approximately 4.5 million customers across 21 states.
In the second quarter of 2025, Altice USA reported a mixed set of financial results, highlighting improvements in broadband subscriber trends and ARPU growth, alongside a notable asset-backed loan completion. Despite a decline in total revenue and net income, the company achieved significant operational efficiencies and network expansions.
Key financial metrics for the quarter included a total revenue of $2.15 billion, a decrease of 4.2% year-over-year, and a net loss attributable to stockholders of $96.3 million. The company saw a positive shift in broadband subscriber trends, with net losses improving to 35,000 compared to 51,000 in the previous year. Additionally, fiber and mobile growth accelerated, with fiber customers increasing by 53% and mobile lines by 42% year-over-year.
Altice USA also focused on operational efficiencies, reducing its workforce by approximately 5% and integrating AI across various functions to enhance customer interactions. The company completed a $1.0 billion asset-backed loan, strengthening its capital structure and supporting future growth initiatives.
Looking ahead, Altice USA remains committed to long-term growth and delivering value to its stakeholders through continued network enhancements and strategic investments, despite the challenges posed by the current financial landscape.
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