Altice USA (ATUS) Misses Q1 EPS by 5c

Altice USA (NYSE: ATUS) reported Q1 EPS of ($0.17), $0.05 worse than the analyst estimate of ($0.12). Revenue for the quarter came in at $2.33 billion versus the consensus estimate of $2.34 billion.

Guidance:

For the full year 2018 Altice USA expects:

• Revenue growth c.2.5-3.0% YoY
• To increase investment for the continued rollout of Altice One, fiber (FTTH) deployment, and new MVNO network investment keeping with annual capex ~$1.3bn

For earnings history and earnings-related data on Altice USA (ATUS) click here.

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