Altice USA, Inc. Class A (ATUS)

In the past six months, Altice USA's stock has experienced a decline. Key events impacting the stock include Q2 2025 earnings with a revenue decline, securing a $1 billion asset-backed loan, a flat outlook for Q3 broadband subscriber trends, and Q1 2025 earnings reporting a net loss of broadband subscribers.

While specific detailed seasonality for Altice USA's entire product portfolio is not explicitly stated, the telecommunications industry can experience seasonal fluctuations. Optimum Mobile has identified tax season as a period for exclusive offers, suggesting a seasonal marketing push. Businesses may also experience seasonal demand for internet on-demand services.

Altice USA, Inc. is an American telecommunications provider offering broadband communications and video services under the Optimum brand, serving millions of residential and business customers across 21 U.S. states. The company's core business involves providing high-speed internet, digital television, mobile, and telephony services. Its major products and services include Optimum Broadband, Optimum TV, Optimum Mobile, Optimum Voice, Altice Business, and proprietary content and advertising.

Altice USA delivers its services to approximately 4.9 million residential and business customers across 21 U.S. states. Its primary operational areas include the New York metropolitan area and several south-central U.S. states. Additionally, some of its services extend to the Virgin Islands, Puerto Rico, and Canada.

In the past year, Altice USA's brand reputation has been affected by a dispute with MSG Networks, leading to channel blackouts and demands for refunds. The broadband communications and video services industry is prone to reputational risks, exacerbated by the spread of unverified information. The company has also continued to experience broadband subscriber losses, which can reflect negatively on its brand perception.

Altice USA's ownership is a mix of institutional and individual investors, with Alt Sarl Next being the largest individual shareholder. Major institutional owners include Vanguard Group Inc, BlackRock, Inc., Apollo Management Holdings, L.P., Nomura Holdings Inc, D. E. Shaw & Co., Inc., Deutsche Bank Ag, Millennium Management Llc, State Street Corp., and Empyrean Capital Partners, LP.