For Q1 FY2026 ended March 31, 2026, Optimum Communications reported revenue of $2.065 billion, down 4.0% year-over-year. Net loss was $2.884 billion, a significant decline from a net loss of $75.7 million in the prior year quarter. Operating loss was $2.360 billion, compared to an operating loss of $266 million a year ago. Diluted EPS was -$6.10, versus -$0.16 in Q1 FY2025.
•Revenue decreased 4.0% YoY to $2.065 billion.
•Net loss widened to $2.884 billion from $75.7 million.
•Operating loss was $2.360 billion, down from $266 million.
•Diluted EPS was -$6.10, compared to -$0.16.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Optimum Communications provides broadband communications and video services under the Optimum brand in the United States, Canada, Puerto Rico, and the Virgin Islands. It provides broadband, video, telephony, and mobile services to residential and business customers. The company's video services include delivery of broadcast stations and cable networks.
Its portfolio also includes over the top services, video-on-demand, high-definition channels, digital video recorder, and pay-per-view services, and video programming services voice over Internet protocol telephone services.
Its portfolio also includes local, regional, and long-distance calling services, and mobile services, such as data, talk, and text. Additionally, it offers Ethernet, data transport, IP-based virtual private networks, Internet access, and telephony services.
Its portfolio also includes hosted telephony services, managed Wi-Fi, managed desktop and server backup, and collaboration services comprising audio and web conferencing, fiber-to-the-tower services to wireless carriers, data services
Including wide area networking and dedicated data access, and advanced services comprising wireless mesh networks, and enterprise class telephone services that include traditional multi-line phone service
Hosted private branch exchange, technical support, network solutions, security and network access and equipment for SMB customers, and international calling and toll-free numbers services.
Additionally, it offers audience-based and multiscreen advertising solutions. Its portfolio also includes news programming services, and data analytics, as well as operates news channels under the News 12 Networks names.
Optimum Communications, Inc. was formerly known as Altice USA, Inc. and change its name to Optimum Communications, Inc. in November 2025. Incorporated in 2015, the company is headquartered in Long Island City, New York.
Optimum Communications, Inc. provides broadband communications and video services under the Optimum brand. Its offerings include broadband internet, video, telephony, and mobile services for both residential and business customers. The company's video services encompass broadcast stations, cable networks, over-the-top services, video-on-demand, high-definition channels, digital video recorders, and pay-per-view. Telephony services include voice over Internet protocol (VoIP) and local, regional, and long-distance calling. For businesses, it offers Ethernet, data transport, IP-based VPNs, hosted telephony, managed Wi-Fi, and collaboration services like audio and web conferencing. Additionally, Optimum provides advertising solutions and services for wireless carriers, including fiber-to-the-tower and wireless mesh networks.
Where is Optimum Communications (OPTU) listed and what currency does it use?
Optimum Communications, Inc. is listed on the New York Stock Exchange (NYSE) under the ticker symbol OPTU. The company operates in the United States and reports its financials in US Dollars (USD). Being listed on the NYSE provides investors with access to a major global exchange, and the use of USD simplifies transactions for US-based investors. The company's stock is traded in the US region, and its primary market is the United States, though it also serves customers in Canada, Puerto Rico, and the Virgin Islands.
What sector and industry does Optimum Communications (OPTU) belong to?
Optimum Communications, Inc. is classified under the Communication Services sector and specifically within the Telecom Services industry. This means the company is primarily involved in providing telecommunications and communication-related services. As a telecom services provider, Optimum focuses on delivering broadband, video, telephony, and mobile services to residential and business customers. The Communication Services sector encompasses companies that facilitate communication through various media, including traditional telecom, cable, and internet services. Optimum's operations align with this sector by offering a comprehensive suite of connectivity and entertainment solutions.
In which geographic regions does Optimum Communications (OPTU) operate?
Optimum Communications, Inc. operates primarily in the United States, but its services extend to Canada, Puerto Rico, and the Virgin Islands. The company provides broadband, video, telephony, and mobile services under the Optimum brand across these regions. While its headquarters and main operations are based in the US, the company has a presence in North America and Caribbean territories. This geographic footprint allows Optimum to serve a diverse customer base, including residential and business clients in multiple markets. The company's network infrastructure supports its offerings in these areas, enabling it to deliver reliable communication and entertainment services.
What are the main business segments and revenue sources for Optimum Communications (OPTU)?
Optimum Communications generates revenue through several key business segments. For residential customers, it offers broadband internet, video services (including cable networks, on-demand content, and pay-per-view), telephony (VoIP and traditional calling), and mobile services (data, talk, and text). For business customers, it provides Ethernet, data transport, IP-based VPNs, internet access, hosted telephony, managed Wi-Fi, and collaboration tools like audio and web conferencing. Additionally, the company serves wireless carriers with fiber-to-the-tower services and offers advanced solutions such as wireless mesh networks. Optimum also earns from advertising through audience-based and multiscreen advertising solutions. Its portfolio includes technical support, network solutions, and security services for SMBs.