Altice USA, Inc. (ATUS) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Greetings and welcome to the Altice USA third quarter 2025 earnings results. At this time, all participants are in a listen-only mode. A question and answer session will follow the phone presentation. If anyone should require operator assistance, please press star zero on your telephone keypad. It is now my pleasure to introduce your host, Sarah Friedman, Vice President of Investor Relations. Thank you. You may begin. Thank you. Welcome to the Altice USA Q3 2025 earnings call. We are joined today by Altice USA's chairman and CEO, Dennis Matthew, and CFO, Mark Sirota, who together will take you through the presentation and then be available for questions. As today's presentation may contain forward-looking statements, please carefully review the section titled forward-looking statements on slide two. Now turning over to Dennis to begin. Thank you, Sarah. Good morning and thank you all for joining us today. Throughout today's presentation, we will discuss the progress we have made, the challenges facing our business, and most importantly, how we are responding with urgency and discipline to ensure we continue to strengthen our business for the long term. I want to start by recognizing where we stand today and the work that still lies ahead. Over the past three years since stepping into the CEO role, we've been executing a comprehensive transformation aimed at stabilizing the business, driving operational discipline, and slowing declines to position us for future growth. Our financial performance is starting to reflect our operational investments. Gross margin percentage reached an all-time high. Capital efficiency continues to improve. Adjusted EBITDA decline is moderating, and we are targeting year-over-year adjusted EBITDA growth in the fourth quarter. We have also m...