Altice USA (ATUS) Misses Q4 EPS by 17c

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Go back to Altice USA (ATUS) Misses Q4 EPS by 17c

Altice USA Reports Fourth Quarter and Full Year 2019 Results

February 12, 2020 4:05 PM EST

NEW YORK--(BUSINESS WIRE)-- Altice USA (NYSE: ATUS) today reports results for the fourth quarter and full year ended December 31, 2019.

Key Financial Highlights

Total Revenue grew +2.0% YoY in FY 2019 to $9.76 billion. Total revenue grew +0.8% YoY in Q4 2019 to $2.475 billion, driven by Q4 Residential revenue growth of +0.1% (including Broadband growth of +11.1%), Q4 Business Services revenue growth of +4.1% and Q4 News and Advertising revenue decline of -9.0% (ex-political, News and Advertising grew +10.3% YoY). Net Income attributable... More