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 Ratings3More
Overall CultureD-More
View Jobs (716)

Recent NewsAll News

Latest Updates

Employees (est.) (Dec 2020)8,900(-16%)
Job Openings716
Revenue (FY, 2020)$9.9 B(+2%)
Share Price (May 2022)$8.8(-12%)
Cybersecurity ratingFMore
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Key People/Management at Altice USA

Dexter Goei

Dexter Goei

Chief Executive Officer and Director
Hakim Boubazine

Hakim Boubazine

President of Telecommunications and Chief Operating Officer
Yossi Benchetrit

Yossi Benchetrit

Chief Procurement and Programming Officer
Pragash Pillai

Pragash Pillai

Executive Vice President of Operations
Matt Grover

Matt Grover

Executive Vice President, Altice Business Services
Lee Schroeder

Lee Schroeder

Executive Vice President, Government & Community Affairs / Chief Diversity Officer
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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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View revenue for all periods
Altice USA's revenue was reported to be $9.89 b in FY, 2020 which is a 1.4% increase from the previous period.
USD

Revenue (Q3, 2021)

2.6b

Gross profit (Q3, 2021)

1.7b

Gross profit margin (Q3, 2021), %

67.2%

Net income (Q3, 2021)

270.7m

EBIT (Q3, 2021)

690.6m

Market capitalization (11-May-2022)

4.0b

Closing stock price (11-May-2022)

8.8

Cash (30-Sept-2021)

232.5m

EV

31.0b
Altice USA's current market capitalization is $4 b.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

9.6b9.8b9.9b

Revenue growth, %

3%2%1%

Cost of goods sold

3.2b3.3b3.3b

Gross profit

6.4b6.5b6.6b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Revenue

2.4b2.5b2.4b2.5b2.5b2.4b2.5b2.5b2.6b

Cost of goods sold

813.0m819.0m820.9m864.5m860.9m783.9m851.9m849.9m843.9m

Gross profit

1.6b1.6b1.6b1.6b1.6b1.7b1.6b1.7b1.7b

Gross profit Margin, %

66%67%66%65%65%68%66%66%67%
show all
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

298.8m701.9m278.4m

Accounts Receivable

448.4m457.1m442.6m

Prepaid Expenses

136.3m215.3m200.3m

Current Assets

903.3m1.4b976.6m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Cash

123.0m138.7m175.1m244.5m2.0b119.1m220.6m221.3m232.5m

Accounts Receivable

405.0m420.3m442.7m441.7m387.7m405.0m376.2m404.2m434.0m

Prepaid Expenses

181.7m182.4m195.2m237.2m209.9m216.0m221.8m167.2m170.6m

Current Assets

711.0m742.9m817.8m927.6m2.6b1.6b830.9m800.6m844.7m
show all
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

20.6m139.9m443.5m

Depreciation and Amortization

2.4b2.3b2.1b

Accounts Payable

12.5m(33.1m)(118.4m)

Cash From Operating Activities

2.5b2.6b3.0b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Net Income

(25.2m)61.2m138.6m(1.5m)109.9m107.2m278.5m479.5m750.2m

Depreciation and Amortization

561.4m1.1b1.7b547.6m1.1b1.6b434.9m879.2m1.3b

Accounts Payable

33.9m18.5m27.0m23.6m10.3m879.0k(29.7m)(117.5m)(121.5m)

Cash From Operating Activities

504.0m1.3b1.8b593.6m1.5b2.2b749.6m1.5b2.2b
show all
USDFY, 2018

Revenue/Employee

810.7k

Debt/Equity

6.3 x

Debt/Assets

0.7 x

Financial Leverage

9.1 x
Show all financial metrics

Altice USA Operating Metrics

Altice USA's Customers was reported to be 5 m in Q3, 2021.
FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020FY, 2020Q1, 2021Q2, 2021Q3, 2021

Customers

4.92 m4.94 m4.94 m4.94 m4.93 m4.95 m5 m5.04 m5.02 m5.02 m5.05 m5.03 m

Consumer Customers

4.54 m4.56 m4.56 m4.54 m4.93 m4.57 m4.62 m4.66 m4.65 m4.65 m4.67 m4.65 m

Small and Medium Business Customers

377.5 k378.4 k379.6 k399.9 k398.2 k381.7 k375.7 k377.5 k376 k375.8 k380.7 k381.6 k

Homes Passed

8.74 m8.76 m8.79 m8.78 m8.83 m8.83 m8.88 m8.99 m9.03 m9.07 m9.2 m9.21 m
Show all operating metrics

Altice USA Acquisitions / Subsidiaries

Company NameDateDeal Size
Morris BroadbandMarch 01, 2021$310 m
CheddarMay 01, 2019$200 m
1111 Stewart Corporation
4Connections LLC
a4 Media, LLC
Altice Care Holdings Corp.
Altice/Charter Maser Cable Advertising, LLC
Altice News, Inc
Altice Real Estate Corporation
Altice USA Employee Disaster Relief Fund
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Altice USA Revenue Breakdown

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Altice USA revenue breakdown by business segment: 37.3% from Broadband, 14.7% from Business services and wholesale, 37.1% from Video, 5.2% from News and Advertising and 5.7% from Other

Altice USA Cybersecurity Score

Cybersecurity ratingPremium dataset

F

51/100

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Altice USA Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

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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-

    54/100

  • CEO Rating

    F

    45/100

  • Compensation

    D+

    55/100

  • Diversity

    D

    56/100

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Altice USA News and Updates

December 02, 2021

Scott+Scott Attorneys at Law LLP Announces Proposed Settlement of the Altice USA, Inc. Securities Litigation

NEW YORK, Dec. 2, 2021 /PRNewswire/ -- SUPREME COURT OF THE STATE OF NEW YORK COUNTY OF QUEENS: COMMERCIAL DIVISION IN RE ALTICE USA, INC. SECURITIES LITIGATION ) ) ) ) ) Master Index No. 711788/2018 Commercial Division Hon. Joseph Risi, J.S.C. SUMMARY NOTICE OF (I) PENDENCY OF CLASS...
October 01, 2021

Altice USA Stock Up Despite Another Analyst Downgrade

Altice USA stock was up more than 7% on Thursday, slowly chipping away at the more than 20% hit the shares took in the past week, fueled in part by an analyst report that noted the company could be taken private at an even lower price than once believed.
September 27, 2021

Altice USA stock falls after downgrades

Shares of Altice USA are off 5.7% in Monday trading after analysts at Credit Suisse and Raymond James downgraded the stock. Credit Suisse analyst Doug Mitchelson wrote that he has concerns about the company, even though the stock is "trading well below its likely asset value" and management is bein…
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
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 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 Yossi Benchetrit.

  • 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 Liberty Broadband, Cox Enterprises and Frontier Communications.

  • 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.