Q3 2021 Altice USA Inc Earnings Call Transcript

Nov 04, 2021 / 08:30PM GMT
Nick Brown - Altice USA, Inc. - EVP of Corporate Finance & Development

Hello, everyone. It's Nick Brown here from Altice USA. Thank you for joining, and apologies for the slight delay. We had a technical difficulty of our operator. In a moment, I'll hand you over to Altice USA's CEO, Dexter Goei; and our CFO, Mike Grau, who will take you through the presentation, and then we'll have time at the end for Q&A.

As today's presentation may contain forward-looking statements, please read the disclaimer on Page 2. Dexter, over to you.

Dexter G. Goei - Altice USA, Inc. - CEO & Director

Hello, everyone. I'm going to start today by summarizing the Q3 results and then provide an update on our strategy and accelerated investment plan.

Starting on Slide 3. Revenue growth in the third quarter was 5.8% year-over-year, with continued strong recovery in News and Advertising and Business Services. Adjusting for anticipated regional sports network credits, which impacted revenue last year, revenue growth was 2.3% this quarter. Further adjusting for

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