(RTTNews) - Altice USA Inc. (ATUS) announced Loss for fourth quarter that decreased from the same period last year but missed the Street estimates.
The company's bottom line totaled -$54.12 million, or -$0.12 per share. This compares with -$117.81 million, or -$0.26 per share, last year.
Analysts on average had expected the company to earn $0.04 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period fell 2.9% to $2.235 billion from $2.301 billion last year.
Altice USA Inc. earnings at a glance (GAAP) :
-Earnings: -$54.12 Mln. vs. -$117.81 Mln. last year. -EPS: -$0.12 vs. -$0.26 last year. -Revenue: $2.235 Bln vs. $2.301 Bln last year.
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