Altice USA (ATUS) Tops Q3 EPS by 4c

Altice USA (NYSE: ATUS) reported Q3 EPS of $0.04, $0.04 better than the analyst estimate of $0.00. Revenue for the quarter came in at $2.42 billion versus the consensus estimate of $2.4 billion.

ltice USA 2018 and Medium-Term Financial Outlook

For the full year 2018 Altice USA expects:

• Revenue growth ~2.5-3.0% YoY
• Adjusted EBITDA margin expansion
• To increase investment for the continued rollout of Altice One, fiber (FTTH) deployment, and new mobile network but annual capex is now expected to be less than $1.3bn

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

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