Optimum Communications Inc Class A
OPTU: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|g%#s%S | LOCK|@?# | LOCK|nd |
Altice USA Earnings: Progress Remains Slow, but Guidance Points to Improvement Ahead
Altice USA lost 37,000 net broadband customers during the first quarter, continuing a trend of modest improvement. Without the benefit of political ad sales, the decline in total revenue accelerated to 4.4% year over year from 2.9% in the previous quarter. EBITDA declined nearly 6% from a year ago.
