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ATUS (Altice USA) Pre-Tax Income : $-171 Mil (TTM As of Sep. 2024)


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What is Altice USA Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Altice USA's pretax income for the three months ended in Sep. 2024 was $-51 Mil. Its pretax income for the trailing twelve months (TTM) ended in Sep. 2024 was $-171 Mil. Altice USA's pretax margin was -2.28%.

During the past 8 years, Altice USA's highest Pretax Margin was 12.94%. The lowest was -18.13%. And the median was 1.60%.


Altice USA Pre-Tax Income Historical Data

The historical data trend for Altice USA's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Altice USA Pre-Tax Income Chart

Altice USA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
Get a 7-Day Free Trial 187.13 583.23 1,305.91 516.73 118.57

Altice USA Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 102.85 -180.70 -9.97 70.72 -50.73

Competitive Comparison of Altice USA's Pre-Tax Income

For the Telecom Services subindustry, Altice USA's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Altice USA's Pre-Tax Income Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Altice USA's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Altice USA's Pre-Tax Income falls into.



Altice USA Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Altice USA's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=1916.667+-158.982+-1639.12+0+-2.8421709430404E-14
=119

Altice USA's Pretax Income for the quarter that ended in Sep. 2024 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=455.464+-58.023+-448.168+0+1.4210854715202E-14
=-51

Pre-Tax Income for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-171 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Altice USA  (NYSE:ATUS) Pre-Tax Income Explanation

Altice USA's Pretax Margin for the quarter that ended in Sep. 2024 is calculated as

Pretax Margin=Pretax Income/Revenue
=-50.727/2227.7
=-2.28%

During the past 8 years, Altice USA's highest Pretax Margin was 12.94%. The lowest was -18.13%. And the median was 1.60%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Altice USA Pre-Tax Income Related Terms

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Altice USA Business Description

Traded in Other Exchanges
Address
1 Court Square West, Long Island City, New York, NY, USA, 11101
Altice Europe acquired privately held us cable company Suddenlink in 2015 and Cablevision in 2016. Suddenlink's networks provide television, internet access, and phone services to roughly 4 million us homes and businesses located primarily in smaller markets, with major clusters in Texas, West Virginia, Idaho, Arizona, and Louisiana. Cablevision provides comparable services to about 5.5 million homes and business in the New York City metro area. Both regions now operate under the Optimum brand name. Altice Europe spun off Altice USA, which includes both the Suddenlink and Cablevision operations, to shareholders in 2018. Altice USA also owns News 12 Networks, which broadcasts local news in New York and i24News, a news operation focused on the Middle East.
Executives
Next Alt S.a.r.l. director, 10 percent owner 5, RUE EUGENE RUPPERT, GRAND DUCHY OF LUXEMBOURG N4 L-2453
Alexandre Fonseca director 1 COURT SQUARE WEST, LONG ISLAND CITY NY 11101
Marc Sirota officer: Chief Financial Officer 1 COURT SQUARE WEST, LONG ISLAND CITY NY 11101
Patrick Drahi director, 10 percent owner WIESTISTRASSE 14, ZERMATT V8 3920
Dennis Mathew officer: Chief Executive Officer 1 COURT SQUARE WEST, LONG ISLAND CITY NY 11101
Maria Bruzzese officer: Chief Accounting Officer 1 COURT SQUARE WEST, LONG ISLAND CITY NY 11101
Charles Stewart officer: Co-President & CFO 1111 STEWART AVENUE, BETHPAGE NY 11714
Mark Mullen director 1111 STEWART AVENUE, BETHPAGE NY 11714
Susan C Schnabel director C/O CREDIT SUISSE FIRST BOSTON, 11 MADISON AVE, NEW YORK NY 10010
Gerrit Jan Bakker director 15 RUE PIERRE FATIO 6TH FLOOR, GENEVA V8 1204
Raymond Svider director 650 MADISON AVENUE, 23RD FLOOR, NEW YORK NY 10022
Michael Olsen officer: Acting Gen Counsel & Secretary 1 COURT SQUARE W, LONG ISLAND CITY NY 11101
Michael Grau officer: Chief Financial Officer 1 COURT SQUARE W, LONG ISLAND CITY NY 11101
Soroban Opportunities Master Fund Lp 10 percent owner WALKERS CORPORATE LIMITED, CAYMAN CORPORATE CENTRE, 27 HOSPITAL RD, GEORGE TOWN E9 KY1-9008
Soroban Capital Gp Llc 10 percent owner 55 WEST 46TH STREET, 32ND FLOOR, NEW YORK NY 10036