NYSE$OPTU
Optimum Communications Inc A · Q4 2022 earnings
Q4 2022 earnings · · Investor relations
Briefing
Altice USA's financial performance declined in Q4 2022 due to revenue decreases across multiple segments, despite progress in fiber network expansion and customer care improvements.
Altice USA reported a decrease in total revenue by 6.0% year-over-year in Q4 2022, with declines in Residential, Business Services, and News & Advertising revenues. Net income attributable to stockholders was a loss of $193.1 million, compared to a profit of $251.7 million in Q4 2021. Adjusted EBITDA also decreased by 15.7% year-over-year. The company made progress in its fiber network expansion, reaching 2.2 million fiber passings.
- Total revenue decreased by 6.0% year-over-year to $2.37 billion in Q4 2022.
- Net loss attributable to stockholders was $193.1 million, a significant change from the $251.7 million net income in Q4 2021.
- Adjusted EBITDA declined by 15.7% year-over-year to $913.3 million with a margin of 38.6%.
- Fiber broadband net additions were +36k in Q4 2022, more than three times the growth compared to Q4 2021 (+11k).
Headline financials
Revenue & EPS history
Altice USA · Revenue · Quarterly
$2.37B
Revenue by segment
Altice USA · $2.37B total across 7 segments · Q4 2022
- Broadband$961M—40.5%
- Video$782M—33.0%
- Business Services & Wholesale$368M—15.5%
- News and Advertising$152M—6.4%
- Telephony$79.5M—3.4%
- Mobile$24.4M+2.2%1.0%
- Other$2.77M-15.3%0.1%
Forward guidance
The Company expects to continue to invest in key growth initiatives, with anticipated cash capex of approximately $1.7 billion to $1.8 billion in FY 2023.
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 Q4 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% | |
| Q1 2017 | — | — | — | |
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| Q4 2015 | — | — | — | |
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| Q4 2014 | — | — | — | |
| Q3 2014 | — | — | — | |
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| Q4 2013 | — | — | — | |
| Q3 2013 | — | — | — | |
| Q2 2012 | — | — | — | |
| Q1 2012 | — | — | — |
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