Altice Usa, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021
July 28, 2021 at 05:23 pm EDT
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Altice USA, Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was USD 2,516.008 million compared to USD 2,474.979 million a year ago. Operating income was USD 626.765 million compared to USD 508.707 million a year ago. Net income was USD 197.660 million compared to USD 111.264 million a year ago. For the half year, sales was USD 4,994.829 million compared to USD 4,925.235 million a year ago. Operating income was USD 1,235.223 million compared to USD 957.277 million a year ago. Net income was USD 471.796 million compared to USD 110.406 million a year ago.
Altice USA, Inc. is a broadband communications and video services provider in the United States, delivering broadband, video, mobile, proprietary content and advertising services to residential and business customers across 21 states through its Optimum brand. The Company has presences primarily in the New York metropolitan area and various markets in the south-central United States through a fiber-rich hybrid-fiber coaxial broadband network and a fiber-to-the-home network. The Company offers news programming and advertising services. It operates a4, an advanced advertising and data business, which provides audience-based, multiscreen advertising solutions to local, regional and national businesses and advertising clients. It offers hyper-local, national, international and business news through its News 12 and i24NEWS networks. It also offers managed services, including hosted private branch exchange, managed Wi-Fi and network security for small and medium-sized business customers.