Altice International has revised its earnings outlook for the upcoming financial year, with projected earnings before interest, taxes, depreciation, and amortization (EBITDA) of approximately €1.6 billion ($1.7 billion) for 2024.

The company's previous guidance had expected EBITDA to match last year's figure of €1.86 billion, but due to ongoing challenges faced by Altice International, the revised outlook reflects a significant decrease in projected earnings.

This adjustment is a response to declining performance and foreign exchange issues that have impacted the company's financial well-being. Altice International, led by Patrick Drahi, operates in various segments of the telecommunications industry.