NYSE$OPTU
Optimum Communications Inc A · Q2 2022 earnings
Q2 2022 earnings · · Investor relations
Briefing
Altice USA's Q2 2022 results were reported, showing progress in fiber deployment and customer growth amidst overall revenue decline.
Altice USA reported a 2.1% YoY decline in total revenue for Q2 2022, amounting to $2.46 billion. Net income attributable to stockholders was $106.2 million, a decrease from $197.7 million in Q2 2021. The company saw growth in its fiber network deployment, reaching 1.6 million passings and surpassing 100,000 fiber customers. Optimum Mobile also experienced significant subscriber growth, exceeding 200,000 lines.
- Total revenue decreased by 2.1% YoY to $2.46 billion.
- Fiber network deployment reached 1.6 million passings, with over 100,000 fiber customers.
- Optimum Mobile subscriber growth accelerated, exceeding 200,000 lines.
- Net income attributable to stockholders was $106.2 million ($0.23/share).
Headline financials
Revenue & EPS history
Altice USA · Revenue · Quarterly
$2.46B
Revenue by segment
Altice USA · $534M total across 4 segments · Q2 2022
- Business Services & Wholesale$372M-0.1%69.5%
- News and Advertising$133M+1.1%24.9%
- Mobile$26.4M+28.0%4.9%
- Other$2.97M-13.5%0.6%
Forward guidance
Altice USA expects to continue accelerating investments in key growth initiatives, increasing cash capex to approximately $1.7 billion to $1.8 billion in FY 2022.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2022
-1.7%
Avg return
Earnings day
-2.6%
Avg return
5 days after
-4.8%
Avg return
30 days after
53%
19 / 36 earnings
Positive
+27.7%
Q2 2022
Best reaction
-33.7%
Q3 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -13.0% | -31.4% | -21.0% | |
| Q4 2025 | +3.7% | +0.0% | -13.0% | |
| Q3 2025 | -4.7% | -8.4% | -14.4% | |
| Q2 2025 | -8.5% | -6.7% | -6.3% | |
| Q1 2025 | +4.6% | +3.0% | -15.1% | |
| Q4 2024 | +0.7% | +5.9% | -7.0% | |
| Q3 2024 | -4.2% | -2.3% | -5.7% | |
| Q1 2024 | -2.5% | -1.5% | +22.2% | |
| Q4 2023 | +6.9% | -2.0% | +30.9% | |
| Q3 2023 | +0.7% | -15.2% | -20.8% | |
| Q2 2023 | +13.1% | +8.1% | -4.4% | |
| Q1 2023 | -12.9% | -5.7% | -17.3% | |
| Q4 2022 | +1.0% | -10.1% | -25.4% | |
| Q3 2022 | -33.7% | -30.0% | -36.1% | |
| Q2 2022 | +27.7% | +27.4% | +7.2% | |
| Q1 2022 | -10.4% | -5.5% | +12.2% | |
| Q4 2021 | -19.2% | -21.4% | -20.3% | |
| Q3 2021 | +4.4% | +1.4% | -2.1% | |
| Q2 2021 | -9.3% | -9.4% | -18.2% | |
| Q1 2021 | +3.1% | +3.0% | +2.2% | |
| Q4 2020 | -7.0% | -7.1% | -7.6% | |
| Q3 2020 | +3.3% | +4.4% | +31.5% | |
| Q2 2020 | +7.1% | +11.1% | +8.7% | |
| Q1 2020 | -5.2% | -10.7% | -2.4% | |
| Q4 2019 | -5.1% | -2.5% | -24.6% | |
| Q3 2019 | -17.8% | -17.0% | -19.9% | |
| Q2 2019 | +3.9% | +0.4% | +10.6% | |
| Q1 2019 | +5.6% | +3.3% | +1.3% | |
| Q4 2018 | +1.8% | +0.6% | +0.8% | |
| Q3 2018 | +9.3% | +12.8% | +8.1% | |
| Q2 2018 | +1.3% | +2.0% | +5.2% | |
| Q1 2018 | +10.2% | +14.7% | +8.0% | |
| Q4 2017 | -5.2% | +0.5% | -3.7% | |
| Q3 2017 | -9.4% | -7.5% | -26.1% | |
| Q4 2016 | -3.9% | -3.9% | -5.7% | |
| Q2 2017 | +3.1% | +7.0% | -2.9% | |
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| Q4 2013 | — | — | — | |
| Q3 2013 | — | — | — | |
| Q2 2012 | — | — | — | |
| Q1 2012 | — | — | — |
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