|Bid||0.00 x 1800|
|Ask||0.00 x 3200|
|Day's Range||21.35 - 22.23|
|52 Week Range||14.49 - 22.54|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||821.92|
|Earnings Date||Feb 25, 2019 - Mar 1, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||26.04|
Altice USA (ATUS) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
NEW YORK, March 20, 2019 /PRNewswire/ -- In a letter dated March 19, 2019, Charles F. Dolan requested the New York State Public Service Commission ("PSC" or "Commission") immediately begin a comprehensive review of Altice N.V.'s compliance with the Commission's conditions regarding the approval of its 2016 acquisition of Cablevision Systems Corporation, including its News 12 subsidiary. The ruling prohibits Altice from reducing positions for News 12 staff until the matter is resolved by the Court.
The bilateral trade negotiations presently seek to resolve some lingering issues on China's subsidies, cyber theft, public sector enterprises, IP rights and so-called forcible technology transfers.
NEW YORK, March 13, 2019 /PRNewswire/ -- In an amended complaint filed on March 12, plaintiffs in the Dolan vs. Altice lawsuit have asked the court to require Altice USA ("Altice") to perform on its promise to the Dolan Family by restoring staffing levels at News 12 to 462 for a five-year period and to appoint a third-party monitor to oversee compliance. This request comes following a court order dated February 13, 2019, in which the Honorable Joseph R. Slights III, Vice Chancellor, Court of Chancery, State of Delaware, ordered Altice USA to maintain "Status Quo" staffing levels at News 12 for the remainder of the lawsuit and scheduled trial for September 4 – 6.
Altice USA (ATUS) management deems the fiber unit of Lightpath, which delivers business services via fiber to larger customers, a non-core asset and intends to either sell it entirely or divest a certain ownership stake in it.
Cable operator Altice USA Inc is exploring options for its Lightpath fiber unit, including a divestment of the seller of Internet services to large corporations that could fetch $3 billion, according to sources familiar with the matter. New York-based Altice USA has hired investment bank Goldman Sachs to assist in the process, the sources said, asking not to be named because the matter is private. The discussions are still early and Altice is also considering bringing on an investor in Lightpath without disposing of it entirely, the sources added.
Arista's (ANET) solid product portfolio facilitates the implementation of high-performance, highly scalable and appropriate solutions for every environment.
Altice USA's (ATUS) first-of-its-kind product will help advertisers reach targeted audience at the household level through connected TVs.
a4, a division of Altice USA (ATUS), has announced the launch of its national, cross-screen OTT solution to help advertisers looking to reach highly targeted audiences in streaming environments and through connected TVs (CTV). This is the first and only addressable OTT/CTV ad product at a household level with national reach that is powered by fully authenticated household data. This addition enhances a4’s existing ability to deliver advanced ad solutions for clients helping them identify and reach their desired audiences across all screens within a single household and in all formats.
Altice USA today makes the following statement following the sale of a portion of Altice USA shares by funds advised by BC Partners and Canada Pension Plan Investment B
NEW YORK, Feb. 26, 2019 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
Altice USA's (ATUS) fourth-quarter 2018 earnings beat estimates due to higher revenues driven by growth across all business segments.
The ruling prohibits Altice from reducing positions for News 12 staff until the matter is resolved by the Court. In a separate action on February 13, the Court scheduled a hearing for April 22 regarding the Altice USA motion to dismiss the case. The Dolan v. Altice USA lawsuit contends that Altice must maintain staffing levels based on commitments it made when it acquired News 12 in 2016.
For the fourth quarter, Altice USA (ATUS) is likely to report higher consolidated revenues on a year-over-year basis driven by healthy growth dynamics.
Robust order trends from customers, particularly in the cloud titan vertical, resulting in top-line growth drive Arista (ANET) fourth-quarter earnings.
Altice USA will host a conference call on Thursday, February 21, 2019 at 4:30 p.m. EST to discuss financial and operating results for the quarter and full year ended December 31, 2018.
Altice USA, Inc (ATUS) (“Altice USA”, or “the Company”), today announces that its wholly owned subsidiary CSC Holdings, LLC (the “Issuer”) successfully priced an offering (the “Offering”) of $250.0 million in aggregate principal amount of its 6.500% Senior Guaranteed Notes due 2029 (the “Notes”). The Notes are being offered as additional notes under the indenture, dated as of January 31, 2019, pursuant to which the Issuer issued $1,500.0 million in aggregate principal amount of its 6.500% Senior Guaranteed Notes due 2029. The Notes will be issued at an issue price of 101.75% of the principal amount plus accrued interest from January 31, 2019.
Altice USA, Inc. (ATUS) (“Altice USA”), today announces that its wholly owned subsidiary CSC Holdings, LLC (“CSC”) successfully priced a new $1 billion 8.25-year Senior Secured Term Loan B maturing on April 15, 2027 (the “Senior Secured Term Loan B”), the proceeds of which are expected to be used to redeem $894.7 million in aggregate principal amount of CSC’s 10.125% Senior Notes due 2023, representing the entire aggregate principal amount outstanding, and paying related fees, costs and expenses with the remainder being used to fund cash on balance sheet. The new Senior Secured Term Loan B will have a margin of 300bps over Libor and was issued with an original issue discount of 100bps.
Amdocs' (DOX) fiscal Q1 results benefit from new customer gains, penetration into new regions and a number of managed services awards. However, foreign currency fluctuations are an overhang.