Altice USA (ATUS) shares were climbing 2.8% in recent Thursday trading after the broadband telecommunications company reported its Q1 results and issued a 2025 revenue outlook above expectations.
The company reported a Q1 net loss Thursday of $0.16 per diluted share, compared with a $0.05 loss a year earlier.
Analysts polled by FactSet expected a $0.07 loss.
Revenue for the quarter ended March 31 was $2.15 billion, down from $2.25 billion a year earlier.
Analysts expected $2.16 billion.
For 2025, the company is projecting revenue of $8.6 billion to $8.7 billion. Analysts are looking for $8.55 billion.
Price: 2.73, Change: +0.08, Percent Change: +2.83
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