|Bid||0.00 x 3100|
|Ask||0.00 x 3200|
|Day's Range||21.46 - 21.81|
|52 Week Range||14.49 - 21.81|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||7.76|
|Earnings Date||Feb 21, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||25.15|
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.
Amdocs (DOX), a leading provider of software and services to communications and media companies, today announces a long-term partnership to support the expansion of Altice USA’s (ATUS) digital and mobile offerings. “Altice USA’s upcoming mobile service is anchored on simple and seamless connectivity that puts customers in control of their mobile lives,” said Hakim Boubazine, Co-President and Chief Operating Officer, Altice USA.
Moody's Investors Service ("Moody's") has assigned a Ba3 rating to Cablevision Systems Corporation's (Cablevision) new $1 billion senior secured term loan (due 2027) issued by CSC Holdings, LLC. Proceeds from the new term loan will be used to fully repay the remaining portion of the 10.125% unsecured notes due held at CSC Holdings, LLC. The ratings on the notes to be repaid, will be withdrawn upon close. As a result of this shift in the capital structure to more senior priority debt, Moody's has downgraded the existing bank credit facilities and guaranteed notes held at CSC Holdings, LLC and Neptune Finco Corp. to Ba3, from Ba2.
Today we've highlighted ten stocks that are currently trading for under $20 per share. These stocks currently have seen positive earnings estimate revisions, and a variety of other factors make these companies stand out as having strong upside potential.
Altice USA, Inc. (ATUS) is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front.
NEW YORK, Jan. 30, 2019 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
Altice USA, Inc (ATUS) (“Altice USA”, or “the Company”), today announces that its wholly owned subsidiary CSC Holdings, LLC successfully obtained commitments to refinance its existing revolving credit facility, subject to customary closing conditions. After the refinancing, the total size of the new revolving credit facility is $2.56 billion, including $2.17bn extended to January 2024 and priced at LIBOR + 225 bps (compared to L + 325 bps previously). This press release is for informational purposes only and shall not constitute an offer to sell, or a solicitation of an offer to buy, any security.