Altice USA

OverviewSuggest Edit

Altice USA is a telecommunication, media, and entertainment company. It provides pay television, Internet access, telephone services, and original television content. The company markets its services primarily under two brands: Optimum and Suddenlink. Altice USA also offers international news through i24NEWS and local news through News 12 Networks.

TypePublic
Founded2016
HQBethpage, NY, USMap
Websitealticeusa.com
Employee Ratings2.9More
Overall CultureD-More
View Jobs (502)

Recent NewsAll News

Latest Updates

Employees (est.) (Dec 2020)8,900(-16%)
Job Openings502
Revenue (FY, 2020)$9.9 B(+2%)
Share Price (Sept 2021)$27.2(-2%)
Cybersecurity ratingFMore

Key People/Management at Altice USA

Dexter Goei

Dexter Goei

Chief Executive Officer & Director
Hakim Boubazine

Hakim Boubazine

President of Telecommunications & Chief Operating Officer
Michael Grau

Michael Grau

Chief Financial Officer
Yossi Benchetrit

Yossi Benchetrit

Chief Procurement and Programming Officer
Pragash Pillai

Pragash Pillai

Executive Vice President, Operations
Matt Grover

Matt Grover

Executive Vice President, Altice Business Services
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Altice USA Office Locations

Altice USA has offices in Bethpage, Auburn, Aurora, Bishop and in 52 other locations
Bethpage, NY, US (HQ)
1111 Stewart Ave
Auburn, CA, US
10101 Streeter Rd
Aurora, MO, US
304 S Madison Ave
Bethpage, NY, US
1101 Stewart Ave
Bethpage, NY, US
198 Grumman Rd W
Bishop, CA, US
201 E Line St
Show all (70)

Altice USA Financials and Metrics

Altice USA Revenue

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Altice USA's revenue was reported to be $9.89 b in FY, 2020
USD

Revenue (FY, 2020)

9.9b

Gross profit (FY, 2020)

6.6b

Gross profit margin (FY, 2020), %

66.2%

Net income (FY, 2020)

443.5m

EBIT (FY, 2020)

2.1b

Market capitalization (9-Sept-2021)

12.5b

Closing stock price (9-Sept-2021)

27.2

Cash (30-Sept-2020)

119.1m

EV

38.6b
Altice USA's current market capitalization is $12.5 b.
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Revenue

9.3b9.6b9.8b9.9b

Revenue growth, %

3%2%

Cost of goods sold

3.0b3.2b3.3b3.3b

Gross profit

6.3b6.4b6.5b6.6b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

2.3b2.4b2.4b2.4b2.5b2.4b2.5b2.5b2.4b

Cost of goods sold

787.4m795.1m790.5m813.0m819.0m820.9m864.5m860.9m783.9m

Gross profit

1.5b1.6b1.6b1.6b1.6b1.6b1.6b1.6b1.7b

Gross profit Margin, %

66%66%67%66%67%66%65%65%68%
show all
Annual
USDFY, 2017FY, 2018FY, 2019

Cash

273.3m298.8m701.9m

Accounts Receivable

370.8m448.4m457.1m

Prepaid Expenses

135.3m136.3m215.3m

Current Assets

853.6m903.3m1.4b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

1.4b381.1m486.2m123.0m138.7m175.1m244.5m2.0b119.1m

Accounts Receivable

330.8m382.2m436.6m405.0m420.3m442.7m441.7m387.7m405.0m

Prepaid Expenses

142.4m167.0m167.8m181.7m182.4m195.2m237.2m209.9m216.0m

Current Assets

1.9b958.2m1.1b711.0m742.9m817.8m927.6m2.6b1.6b
show all
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Net Income

1.5b20.6m139.9m443.5m

Depreciation and Amortization

2.9b2.4b2.3b2.1b

Accounts Payable

69.1m12.5m(33.1m)(118.4m)

Cash From Operating Activities

2.0b2.5b2.6b3.0b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

(128.9m)(227.0m)(193.2m)(25.2m)61.2m138.6m(1.5m)109.9m107.2m

Depreciation and Amortization

642.7m1.3b1.8b561.4m1.1b1.7b547.6m1.1b1.6b

Accounts Payable

11.3m49.4m85.5m33.9m18.5m27.0m23.6m10.3m879.0k

Cash From Operating Activities

431.0m1.2b1.8b504.0m1.3b1.8b593.6m1.5b2.2b
show all
USDFY, 2017

Revenue/Employee

1.0m

Debt/Equity

4.1 x

Debt/Assets

0.6 x

Financial Leverage

6.3 x
Show all financial metrics

Altice USA Operating Metrics

Altice USA's Customers was reported to be 4.9 m in FY, 2019.
FY, 2017FY, 2018FY, 2019

Customers

4.91 m4.92 m4.93 m

Consumer Customers

4.54 m4.54 m4.93 m

Small and Medium Business Customers

371 k377.5 k398.2 k

Homes Passed

8.62 m8.74 m8.83 m
Show all operating metrics

Altice USA Acquisitions / Subsidiaries

Company NameDateDeal Size
CheddarMay 01, 2019$200 m

Altice USA Revenue Breakdown

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Altice USA revenue breakdown by business segment: 28.6% from Cequel and 71.4% from Optimum

Altice USA Cybersecurity Score

Cybersecurity ratingPremium dataset

F

41/100

Learn more about our premium products
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Altice USA Online and Social Media Presence

Altice USA's Trends

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Altice USA Company Culture

  • Overall Culture

    D-

    53/100

  • CEO Rating

    F

    49/100

  • Compensation

    C-

    57/100

  • Diversity

    D

    54/100

Learn more on Comparably

Altice USA News and Updates

August 12, 2021

Outlook on the Cable Operator Global Market to 2026 - Featuring Altice USA, AT&T and Comcast Among Others

Dublin, Aug. 12, 2021 (GLOBE NEWSWIRE) -- The "Cable Operator Market by Technology, Residential Services (Wireless, Internet, Entertainment, Security, Home Automation, and IoT based Apps), SMB and Enterprise Applications 2021 - 2026" report has been added to ResearchAndMarkets.com's offering.
July 28, 2021

Altice USA Reports Second Quarter 2021 Results

Altice USA (NYSE: ATUS) today reports results for the second quarter ended June 30, 2021
July 25, 2021

Altice USA will slash upstream speeds for new broadband subs

Altice USA has confirmed reports that it plans to cut upstream speeds on its broadband tiers for new subscribers on its hybrid fiber-coax (HFC) network by as much as 86% next month, despite a surge in upstream traffic during the COVID-19 pandemic
July 23, 2021

Altice Mobile is Now Optimum Mobile

Altice USA (NYSE: ATUS) today announces the rebrand of its nationwide mobile service to Optimum Mobile on July 25, 2021. This transition represents the first step in the Company’s plan to align its brands under one national Optimum brand, representing a commitment to delivering a consistent and rel…
July 20, 2021

News 12 New York Launches on Pluto TV

News 12 New York, the daily regional news digital network bringing the latest from the tri-state region, is now streaming on Pluto TV. Starting today, News 12 New York is available for free across all devices and platforms that carry Pluto TV, bringing News 12’s content to even more viewers across t…
July 19, 2021

Altice USA Introduces Optimum Stream and Suddenlink Stream: A Best-in-Class Streaming Experience for the Company’s Broadband Customers

Altice USA today unveils Optimum Stream and Suddenlink Stream, a new 4K streaming device available to the company’s broadband-only customers
Show more

 Altice USA Frequently Asked Questions

  • When was Altice USA founded?

    Altice USA was founded in 2016.

  • Who are Altice USA key executives?

    Altice USA's key executives are Dexter Goei, Hakim Boubazine and Michael Grau.

  • How many employees does Altice USA have?

    Altice USA has 8,900 employees.

  • What is Altice USA revenue?

    Latest Altice USA annual revenue is $9.9 b.

  • What is Altice USA revenue per employee?

    Latest Altice USA revenue per employee is $1.1 m.

  • Who are Altice USA competitors?

    Competitors of Altice USA include Cox Enterprises, Frontier Communications and Netflix.

  • Where is Altice USA headquarters?

    Altice USA headquarters is located at 1111 Stewart Ave, Bethpage.

  • Where are Altice USA offices?

    Altice USA has offices in Bethpage, Auburn, Aurora, Bishop and in 52 other locations.

  • How many offices does Altice USA have?

    Altice USA has 70 offices.