Optimum Communications Inc Class A

OPTU: XNYS (USA)
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Altice USA Earnings: Continued Disappointment

Altice USA lost 50,000 net broadband customers during the third quarter, showing no improvement from recent trends. Despite strong political advertising, revenue declined 3.9% year over year, the worst drop in over a year. Management also provided medium-term forecasts for the first time.

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