Altice USA Inc. (ATUS) shares surged 5.28% in intraday trading, as investors looked past the company's wider-than-expected Q1 loss and focused on its optimistic revenue outlook for 2025. The broadband telecommunications company's stock movement reflects a positive market sentiment despite mixed quarterly results.

Altice USA reported a Q1 net loss of $0.16 per diluted share, which was larger than the $0.05 loss recorded in the same quarter last year and below analysts' expectations of a $0.07 loss. Revenue for the quarter ended March 31 came in at $2.15 billion, slightly below the $2.16 billion analysts had predicted and down from $2.25 billion a year earlier.

However, the company's forward-looking guidance appears to have overshadowed the disappointing quarterly performance. Altice USA projected full-year 2025 revenue between $8.6 billion and $8.7 billion, surpassing analysts' expectations of $8.55 billion. This optimistic outlook suggests potential growth and improved performance in the coming quarters, which has likely fueled investor confidence and contributed to the stock's significant rise.