Altice Usa ( (ATUS) ) has released its Q1 earnings. Here is a breakdown of the information Altice Usa presented to its investors.
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Altice USA is a major broadband communications and video services provider in the United States, offering broadband, video, mobile, and advertising services through its Optimum brand to approximately 4.5 million customers across 21 states. The company also operates Optimum Media and News 12, providing advanced advertising solutions and hyperlocal news content, respectively.
In its first quarter of 2025, Altice USA reported significant operational achievements, including record growth in fiber and mobile customer bases and the lowest churn rates in three years. The company also successfully completed two major programming negotiations with minimal customer disruption and announced a new partnership with Google Cloud to enhance its operations with AI and digital tools.
Financially, Altice USA’s total revenue for the quarter was $2.2 billion, a 4.4% decrease from the previous year. Residential revenue saw a decline of 5.7%, while broadband ARPU increased by 2.4%. The company reported a net loss of $75.7 million, compared to a $21.2 million loss in the same quarter of the previous year. Despite these challenges, the company achieved an all-time high in fiber customer growth and the best mobile line performance in five years.
Altice USA continues to focus on expanding and enhancing its network, with significant investments in fiber and mobile infrastructure. The company is targeting approximately $1.2 billion in cash capital expenditures for the full year 2025, aiming to add 175,000 total passings and improve network efficiency through various upgrades.
Looking ahead, Altice USA remains committed to sustainable growth and shareholder value, with a projected adjusted EBITDA of approximately $3.4 billion for the full year 2025. The company plans to continue its competitive strategies and operational transformation to deliver best-in-class services to its communities.