Since Adjusted EBITDA is not a measure of performance calculated in accordance with GAAP, this measure may not be comparable to similar measures with similar titles used by other companies. Loss on extinguishment of debt and write-off of deferred financing costs............................................
Altice USA has taken a number of steps during this pandemic to support customers, employees and local communities such as: “It is, in my view, appropriate to receive…evidence to discern if that was the parties’ intent,” he said, referring to Altice’s contention that it never committed to a no-layoffs policy at News 12. As of March 31, 2020, Altice USA had 602,985,950 combined Class A and Class B shares outstanding. Altice USA specifically disclaims any obligation to publicly update or revise any forward-looking statement, as of any future date. We define Adjusted EBITDA, which is a non-GAAP financial measure, as net income (loss) excluding income taxes, non-operating income or expenses, loss on extinguishment of debt and write-off of deferred financing costs, gain (loss) on interest rate swap contracts, gain (loss) on derivative contracts, gain (loss) on investments and sale of affiliate interests, interest expense, interest income, depreciation and amortization (including impairments), share-based compensation expense or benefit, restructuring expense or credits and transaction expenses.
Loss on extinguishment of debt and write-off of deferred financing costs.............................................................. Daily Job Cuts / Layoffs - Your source for daily economy updates on recent Job Layoffs 2020 / 2019 , Job Losses, Layoff News, Store Closings 2020, Bankruptcy, Business and Economic News
A Delaware judge has ruled that the Dolans' lawsuit against Altice over News 12 layoffs can go to trial. Updated Aug 19, 2020. This is a multi-location business. (9) ARPU calculated by dividing the average monthly revenue for the respective quarter (fourth quarter for annual periods) derived from the sale of broadband, video and telephony services to Residential customers by the average number of total Residential customers for the same period. Other income, net................................................................................................................................................... 1,804 reviews from Altice USA employees about Altice USA culture, salaries, benefits, work-life balance, management, job security, and more. We also use Operating Free Cash Flow (defined as Adjusted EBITDA less cash capital expenditures), and Free Cash Flow (defined as net cash flows from operating activities less cash capital expenditures) as indicators of the Company’s financial performance. We will now have our day in court to show how Altice cynically disregarded its contractual promise to protect the jobs of News 12 employees.” He now is owner of Newsday Media Group. We're not like other telecom and media businesses. Programming and other direct costs................................................................................................. The judge continued, “The motion to dismiss the Dolan family’s breach of contract and related declaratory relief claims is denied.” He dismissed the Dolans’ other claims against Altice: breach of implied covenant of good faith, fraudulent inducement and equitable fraud. (8) Customers represent each customer account (set up and segregated by customer name and address), weighted equally and counted as one customer, regardless of size, revenue generated, or number of boxes, units, or outlets. Other income, net.................................................................................................................................
Adjusted EBITDA(1)(2)........................................................................................................... Interest expense, net.............................................................................................................................................. (7) Total Unique Customer Relationships represent number of households/businesses that receive at least one of the Company’s fixed-line services. Most of these accounts are also not entirely free, as they typically generate revenue through pay-per-view or other pay services and certain equipment fees.
You might be using private browsing or have notifications blocked. Credit: Ed Betz A judge in Delaware ruled Thursday that a lawsuit brought by the Dolan family against Altice USA over layoffs at News 12 Networks can proceed to trial in September. We believe these measures are one of several benchmarks used by investors, analysts and peers for comparison of performance in the Company’s industry, although they may not be directly comparable to similar measures reported by other companies.
We believe Adjusted EBITDA provides management and investors a useful measure for period-to-period comparisons of our core business and operating results by excluding items that are not comparable across reporting periods or that do not otherwise relate to the Company’s ongoing operating results.
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