ATUS - Altice USA, Inc.

NYSE - NYSE Delayed Price. Currency in USD
27.45
-0.25 (-0.90%)
At close: 4:02PM EDT
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Previous Close27.70
Open27.67
Bid26.88 x 800
Ask27.48 x 800
Day's Range27.37 - 28.01
52 Week Range14.49 - 28.01
Volume5,764,109
Avg. Volume5,211,200
Market Cap22.918B
Beta (3Y Monthly)1.01
PE Ratio (TTM)62.81
EPS (TTM)0.44
Earnings DateNov 4, 2019 - Nov 8, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend Date2018-06-07
1y Target Est31.33
Trade prices are not sourced from all markets
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    The strategic deal will offer Optimum and Suddenlink users of Altice (ATUS) an immediate complimentary access to CuriosityStream content.

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  • Altice USA Brings CuriosityStream to Optimum and Suddenlink Customers
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    Altice USA Brings CuriosityStream to Optimum and Suddenlink Customers

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  • PR Newswire

    SHAREHOLDER ALERT: Purcell Julie & Lefkowitz LLP Is Investigating Altice USA, Inc. for Potential Breaches of Fiduciary Duty By Its Board of Directors

    NEW YORK , Aug. 19, 2019 /PRNewswire/ -- Purcell Julie & Lefkowitz LLP, a class action law firm dedicated to representing shareholders nationwide, is investigating a potential breach of fiduciary duty ...

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  • Bloomberg

    Altice’s Talks for Lightpath Stake Sale Collapse

    (Bloomberg) -- Altice USA Inc., the cable-television provider that spun off from Patrick Drahi’s Altice NV last year, is no longer in talks to sell a minority stake in its Lightpath fiber unit to Stonepeak Infrastructure Partners, according to people with knowledge of the matter.Shares of Altice USA reversed earlier gains on Thursday, falling as much as 1.5%. The company had a market value of $17.4 billion in trading at 1:26 p.m. in New York. The shares had been up more than 60% over the past 12 months.Talks between Altice USA and the U.S. infrastructure firm centered on a deal that would value the unit at about $3 billion, Bloomberg reported on July 24. The transaction has fallen apart, said the people, who requested anonymity because the discussions were private. A representative for Altice USA declined to comment while a representative for Stonepeak didn’t respond to requests for comment.The potential deal was being discussed as Altice USA attempts to streamline its portfolio of businesses while sparking growth in broadband and video services.“We continue to review our strategic alternatives,” Chief Executive Officer Dexter Goei said last week on an earnings conference call, describing the process as an “opportunistic” situation. “This is not a must-do in all respects,” he added.Goei had previously said the company could use proceeds from a sale to repurchase shares or pay down debt. Altice USA had about $24 billion in debt as of June 30, according to data compiled by Bloomberg.Lightpath, with a network of about 375,000 miles of fiber, provides internet, telephone, data transport and other services to businesses in and around New York City, according to Altice USA’s annual report.(Updates with shares falling in second paragraph.)To contact the reporters on this story: Gillian Tan in New York at gtan129@bloomberg.net;Gerry Smith in New York at gsmith233@bloomberg.netTo contact the editors responsible for this story: Alan Goldstein at agoldstein5@bloomberg.net, Josh Friedman, Dan ReichlFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Altice USA Introduces Altice Amplify, an Intelligent Home Speaker That Powers the Connected Home
    Business Wire

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  • Thomson Reuters StreetEvents

    Edited Transcript of ATUS.N earnings conference call or presentation 31-Jul-19 8:30pm GMT

    Q2 2019 Altice USA Inc Earnings Call

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    Altice USA (ATUS) Q2 2019 Earnings Call Transcript

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  • Business Wire

    Altice USA Reports Second Quarter 2019 Results

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  • MarketWatch

    CBS enters content carriage agreement for Altice's Optimum, Suddenlink cable TV services

    CBS Corp. said Monday that it has reached a content carriage deal with Altice USA Inc. to carry CBS content on Altice's Optimum and Suddenlink cable services. Financial terms of the agreement were not disclosed. The "comprehensive, multi-year" pact covers the carriage of Showtime, CBS Sports Network, Pop TV and Smithsonian Channel, and the re-transmission consent for CBS-owned stations. The deal also allows Altice to offering Showtime digital streaming to its cable customers. CBS's stock rose 0.3% in morning trading and Altice USA shares tacked on 0.1%. Over the past three months, shares of CBS have gained 0.5% and Altice have surged 11.9%, while the S&P 500 has edged up 2.7%.

  • PR Newswire

    CBS and Altice USA Reach New Comprehensive Content Carriage Agreement

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  • Business Wire

    REMINDER: Altice USA to Hold Conference Call to Discuss Q2 2019 Results

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  • Business Wire

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    Altice USA will host a conference call on Wednesday, July 31, 2019 at 4:30 p.m. EDT to discuss financial and operating results for the second quarter ended June 30, 2019.

  • PR Newswire

    Court Orders Dolan Case Against Altice Will Go to Trial

    NEW YORK, July 1, 2019 /PRNewswire/ -- A Delaware judge has cleared the way for New York's Dolan Family to pursue a lawsuit against Altice USA (ATUS) in a bid to save jobs and journalistic quality at News 12 Networks. Altice had filed a motion on April 22, 2019 to dismiss the case. Vice Chancellor Slights denied Altice's motion to dismiss the Dolan Family's breach of contract and promissory estoppel claims.

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  • Bloomberg

    Dish Is Near a $6 Billion Deal for T-Mobile, Sprint Assets

    (Bloomberg) -- Dish Network Corp. is in talks to pay at least $6 billion for assets that T-Mobile US Inc. and Sprint Corp. are unloading to win regulatory approval for their merger, according to people familiar with the matter.Dish could announce a deal as soon as this week for assets including wireless spectrum and Sprint’s Boost Mobile brand, said the people, who asked to not be identified because the matter isn’t public. The deal hasn’t been finalized and talks could still fall through, said the people.The potential divestitures are aimed at appeasing the Justice Department, which wants T-Mobile and Sprint to sell enough assets to ensure that the U.S. maintains at least four viable wireless players.Representative for Dish and the Justice Department declined to comment. Representatives for T-Mobile and Sprint didn’t respond to requests for comment.Dish rose 1.9% to $39.74 at 1:16 p.m. in New York trading, giving the Englewood, Colorado-based company a market value of about $18.6 billion. Sprint gained about 2.3% while T-Mobile rose 1.3%.T-Mobile agreed to buy Sprint in April 2018 for $26.5 billion, betting that together the carriers can build a next-generation wireless network to better compete with industry leaders Verizon Communications Inc. and AT&T Inc.Dish, co-founded by billionaire Charlie Ergen, had been on a shortlist of bidders for T-Mobile and Sprint assets favored by the Justice Department, people familiar with the matter said this month. Charter Communications Inc. and Altice USA Inc. were also on the list.T-Mobile and Sprint have already promised to sell Boost to get approval from the Federal Communications Commission. They also have to win over the Justice Department, which is concerned about the merger reducing the number of major U.S. wireless carriers to three.The companies are negotiating with the Justice Department after nine states and the District of Columbia sued to block the deal last week on antitrust grounds.(Updates companies’ share prices in fifth paragraph; adds background in seventh.)To contact the reporters on this story: David McLaughlin in Washington at dmclaughlin9@bloomberg.net;Scott Moritz in New York at smoritz6@bloomberg.net;Nabila Ahmed in New York at nahmed54@bloomberg.netTo contact the editors responsible for this story: Elizabeth Fournier at efournier5@bloomberg.net, ;Sara Forden at sforden@bloomberg.net, ;Nick Turner at nturner7@bloomberg.net, Matthew MonksFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • MarketWatch

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