OPTU · Optimum Communications, Inc.
Substantial doubt about the company's ability to continue as a going concern.
“Because we do not currently have committed financing or cash and cash equivalents combined with projected future cash flows sufficient to satisfy the foregoing debt maturities arising within one year after the date these consolidated financial statements are issued, substantial doubt exists about our ability to continue as a going concern within one year after the date these consolidated financial statements are issued. While management is pursuing efforts to refinance or restructure the Company's debt, or to raise additional capital sufficient to satisfy these debt maturities, there is no assurance these efforts will be successful.”View the 10-Q filed Aug 6, 2026
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Metrics snapshot
Useful current figures from the complete screener profile.
AI Brief
Q2 FY26 earnings call · Aug 6, 2026TL;DR. Optimum reported Q2 revenue of $2.02B (-5.8% YoY) and Adjusted EBITDA of $786M (-2.2% YoY), with 180 bps gross margin and 140 bps Adjusted EBITDA margin expansion, broadband net losses of 40k improving sequentially, and best-ever second quarter mobile net adds of 50k. The company highlighted its pursuit of a comprehensive CSC Holdings debt restructuring (consolidated net leverage 8.0x; CSC restricted group 22.8x) and reaffirmed FY26 revenue down mid-single digits (ex-divestiture) and Adjusted EBITDA down low-to-mid single digits.
- + Best-ever second quarter mobile net adds of 50k, reaching 724k mobile lines with mobile revenue up 40% YoY
- + Broadband net losses improved sequentially to 40k including 9k bulk MDU connects, with new E-Tier video packages reaching 18% of residential video base (up from 10%) and lower churn
- − Q2 net loss attributable to stockholders widened to ($291.8)M from ($96.3)M with ($0.67) diluted loss per share, including $207M restructuring/impairments
- − Company reiterated FY26 guidance for revenue down mid-single digits and Adjusted EBITDA down low-to-mid single digits as competitive pressure persists
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Equibles Rating
blended score · not investment adviceBlended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders NeutralIllustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Adjusted EBITDA non-GAAP | $1.57B | Six Months Ended June 30, 2026 | — |
| Adjusted EBITDA margin non-GAAP | 38.8% | Q2 2026 | — |
| Capital intensity | 15.8% | Q2 2026 | — |
| Cash capital expenditures | $320M | Q2 2026 | — |
| Consolidated net debt for Optimum Communications | $25.33B | as of June 30, 2026 | — |
| Convergence ARPU | $79.8 | Q2 2026 | — |
| CSC Holdings Adjusted EBITDA non-GAAP | $784,048 | the three months ended June 30, 2026 filing | — |
| CSC Holdings Free Cash Flow (Deficit) non-GAAP | -$91,609 | the three months ended June 30, 2026 filing | — |
| CSC Holdings, LLC Restricted Group Undrawn RCF | $75.2M | As of June 30, 2026 | — |
| Footprint with 1 Gig or higher speeds available | 97% | Q2 2026 | — |
| Free Cash Flow (Deficit) non-GAAP | -$229.32M | Six Months Ended June 30, 2026 | — |
| FTTH Total Customer Net Additions | 19.8K | Q2 2026 | — |
| FTTH Total Customer Relationships | 748.9K | Q2 2026 | — |
| FTTH Total Passings | 3.16M | Q2 2026 | — |
| Gross margin | 71% | Q2 2026 | — |
| L2QA EBITDA non-GAAP | $3.15B | As of June 30, 2026 | — |
| Lightpath Consolidated amount undrawn under Variable Funding Notes, subject to covenant limitati | $93.7M | As of June 30, 2026 | — |
| LTM EBITDA non-GAAP | $3.31B | As of June 30, 2026 | — |
| Mobile line net additions | 50K | Q2 2026 | — |
| Residential ARPU | $132.22 | Q2 2026 | — |
| Residential broadband net additions (losses) | -35.3K | Q2 2026 | — |
| Residential broadband PSUs | 3.71M | Q2 2026 | — |
| Residential Telephony PSUs | 951.3K | Q2 2026 | — |
| Residential video net additions (losses) | -44.1K | Q2 2026 | — |
| Total broadband primary service units (PSUs) net losses | -40K | Q2 2026 | — |
| Total mobile lines | 724K | Q2 2026 | — |
| Total mobile penetration of the broadband base | 8.9% | Q2 2026 | — |
| Total new passings additions | 68K | Q2 2026 | — |
| Total Passings | 10.11M | Q2 2026 | — |
| Total Unique Customer Relationships | 4.22M | Q2 2026 | — |
| WACD | 6.8% | As of June 30, 2026 | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Telecom Services — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
OPTU
this stock
Optimum Communications, Inc.
|
$275.29M | -40.1% | -4.1% | — | 9.9% |
|
SFTBF
Softbank Group Corp.
|
$227.96B | +43.7% | — | — | 0.3% |
|
VZ
Verizon Communications Inc
|
$195.61B | +12.6% | +2.5% | 12.2 | 2.0% |
|
TMUS
T-Mobile US, Inc.
|
$177.45B | -18.9% | +8.3% | 17.3 | 1.7% |
|
T
At&T Inc.
|
$173.91B | -2.4% | +2.7% | 8.4 | 1.9% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionPerformance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| OPTU | -2.1% | -5.8% | -30.9% | -0.1% | -40.1% |
| SPY | +1.2% | +0.6% | +11.6% | +1.6% | +13.6% |
| vs SPY | -3.3% | -6.4% | -42.4% | -1.7% | -53.7% |
Capital returns
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.