Altice USA, Inc. (NYSE:ATUS) Q2 2024 Earnings Call Transcript August 1, 2024 8:30 AM ET

Company Participants

Sarah Freedman - IR
Dennis Mathew - Chairman and CEO
Marc Sirota - CFO

Conference Call Participants

Frank Louthan - Raymond James
Kutgun Maral - Evercore ISI
Michael Rollins - Citibank
Craig Moffett - Moffett Nathanson
Sebastiano Petti - JPMorgan
Jessica Reif Ehrlich - Bank of America
MaryAnne Zhao - Morgan Stanley

Operator

Hello, and welcome to the Altice USA Q2 2024 Results Conference Call and Webcast. [Operator Instructions] A question-and-answer session will follow the formal presentation. [Operator Instructions] As a reminder, this conference is being recorded. It's now my pleasure to turn the call over to Sarah Freedman, Investor Relations. Please go ahead, Sarah.

Sarah Freedman

Hello, and welcome to the Altice USA Q2 2024 earnings call. We are joined today by Altice USA's Chairman and CEO, Dennis Mathew, and CFO, Marc 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 2.

Now, turning over to Dennis to begin.

Dennis Mathew

Thank you, Sarah, and thanks everyone for joining today. As you've heard me say before, our mission at Optimum is to be the connectivity provider of choice in every community that we serve. To do that, we are putting the customer at the center of every decision, providing the best customer experience, best networks, best customer relationships and best products, all supported by the best team here at Optimum. Our focus on the customer underpins our strategy of returning the business to sustainable subscriber revenue, EBITDA and cash flow growth over time.

Q2 was another quarter of progress in our transformation journey. We continued to deliver improved operational metrics, increased customer satisfaction, growth in our fiber, mobile and B2B businesses, elevated product quality and refreshed go-to-market strategies. And we are continuing to use artificial intelligence and data to enhance our capabilities and improve the customer experience. We are executing with financial discipline across every area of the business, and we are just getting started. We have an exciting, innovative and robust roadmap of future product and experience enhancements that we cannot wait to bring to our current and prospective customers this year and beyond.

Before we get into the details, I do want to say thank you, thank you to our customers for choosing us as their provider for one of the most essential services in their lives, and thank you to our team mates across the country. It is your dedication to our customers that is driving the current and future success of our business.