Earnings Call Summary | Altice USA(ATUS.US) Q1 2024 Earnings Conference
Earnings Call Summary | Altice USA(ATUS.US) Q1 2024 Earnings Conference
The following is a summary of the Altice USA, Inc. (ATUS) Q1 2024 Earnings Call Transcript:
以下是Altice美國公司(ATUS)2024年第一季度業績電話會議記錄摘要:
Financial Performance:
財務業績:
Altice USA reported Q1 2024 revenue of approximately $2.3 billion, a decline of 1.9% from the previous year, but an improvement from Q1 2023's decline of 5.3%.
The company's adjusted EBITDA margin was 37.6% with total adjusted EBITDA at $847 million, a 2.5% decline.
Residential ARPU exceeded $135, demonstrating 30 basis points growth YoY.
Business Services revenue grew by 0.3%, primarily driven by the Lightpath business which saw a growth of 3.6%.
The company managed to generate positive free cash flow of approximately $64 million as compared to negative $166 million in the first quarter of the prior year.
Altice USA報告稱,2024年第一季度收入約爲23億美元,比上年下降1.9%,但與2023年第一季度的5.3%的下降幅度相比有所改善。
該公司調整後的息稅折舊攤銷前利潤率爲37.6%,調整後的息稅折舊攤銷前利潤總額爲8.47億美元,下降2.5%。
住宅平均每股收益超過135美元,同比增長30個點子。
商業服務收入增長了0.3%,這主要是由Lightpath業務推動的,該業務增長了3.6%。
該公司設法產生了約6400萬美元的正自由現金流,而去年第一季度爲負1.66億美元。
Business Progress:
業務進展:
Altice USA added 53,000 new fiber customers in Q1, taking the total customer base on fiber to 395,000.
Despite net broadband losses for Q1, the company's focus remains on profitable growth and financial discipline.
The company plans on expanding its network to new markets with an aim to add more than 175,000 additional total passings in 2024.
It launched Optimum Mobile for B2B to enhance its portfolio and contribute to growth throughout the year.
The capital expenditure for 2024 is expected to be between $1.6 and $1.7 billion focusing on strategic investments to enhance the network and products.
Altice USA has restructured its leadership with the introduction of Optimum Market Structure (OMS) and a new Chief Marketing Officer, Jen Garrett, to compete effectively at a local level and transform marketing efforts.
Altice USA在第一季度增加了53,000名新的光纖客戶,使光纖客戶總數達到39.5萬人。
儘管第一季度寬帶出現淨虧損,但該公司的重點仍然是盈利增長和財務紀律。
該公司計劃將其網絡擴展到新市場,目標是在2024年增加超過17.5萬次的總通行證。
它推出了適用於B2B的Optimum Mobile,以增強其產品組合併爲全年增長做出貢獻。
2024年的資本支出預計在16億至17億美元之間,重點是戰略投資,以增強網絡和產品。
Altice USA重組了領導層,引入了最佳市場結構(OMS),並任命了新的首席營銷官詹·加勒特(Jen Garrett),以在地方層面進行有效競爭並改變營銷工作。
More details: Altice USA IR
更多詳情: Altice USA IR
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示:欲了解更多詳情,請訪問投資者關係網站。本文僅供投資者參考,不構成任何投資建議。
譯文內容由第三人軟體翻譯。