Altice USA residential video RGUs down 68,300 in 2Q 2023

NEW YORK — Altice USA (NYSE: ATUS) today reports results for the second quarter ended June 30, 2023.

Key Operational Highlights

Total Fiber Broadband PSUs: Quarterly Fiber (FTTH) broadband net additions were +40k in Q2 2023, our best quarter for fiber net adds. Fiber broadband net adds were driven by both higher fiber gross additions and increased migrations of existing customers. Total fiber broadband customers reached 250k as of the end of Q2 2023.

Customer Metrics

Residential KPIs – Video – In thousands (unaudited)

                 Q2-21    Q3-21    Q4-21    Q1-22    Q2-22    Q3-22    Q4-22    Q1-23    Q2-23
               -------  -------  -------  -------  -------  -------  -------  -------  -------
Total          2,870.5  2,803.0  2,732.3  2,658.7  2,574.2  2,491.8  2,439.0  2,380.5  2,312.2
Net additions   (36.1)   (67.5)   (70.7)   (73.6)   (84.5)   (82.4)   (52.8)   (58.6)   (68.3)