Altice Europe gains subscribers but narrowly misses core profit forecasts

(Reuters) - Telecoms and cable group Altice Europe posted on Wednesday a slightly worse-than-expected first-quarter core profit, though it made net subscriber gains against the challenging backdrop of the coronavirus pandemic.The group, which provides fibre networks and mobile broadband to homes and businesses, reported adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) of 1.31 billion euros, narrowly missing a company-provided consensus forecast of 1.33 billion...