Altice USA has revealed ambitious financial goals for 2025, targeting an adjusted EBITDA of $3.4 billion. This objective is primarily fueled by the company's expansion in its fiber and mobile sectors, marking a strategic push to bolster its offerings in high-demand areas.
In 2024, Altice USA reported a revenue of $8.95 billion and an operating income of $1.68 billion. This robust financial performance sets the stage for the company's growth strategy in the coming years. According to information available on Wikipedia, these figures highlight the company's steady financial footing as it seeks to make significant gains in the fiber and mobile markets.
As of May 9, 2025, Altice USA's stock is trading at $2.77 per share, a rise of 4.55% from the previous close. By aligning its strategy with growing industry trends that prioritize high-speed internet and mobile connectivity, Altice USA hopes to strengthen its position in these competitive markets.