Optimum Communications, Inc.

Optimum Communications, Inc.

OPTU · NYSE · Communication Services / Telecom Services

0.5245USD-0.11 (-17.71%)

Price History

Full chart

Market Stats

Previous Close0.6374
Open0.63
Day Range0.5229 – 0.6359
52-Week Range0.583 – 2.74
Volume6.12M
Market Cap385.25M
P/E (TTM)0.00
Forward P/E1.98
EPS-10.56
Dividend Yield0.00%
Beta1.25
50-Day Avg0.9148
200-Day Avg1.30

About

Optimum Communications, Inc., together with its subsidiaries, 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; over the top services; video-on-demand, high-definition channels, digital video recorder, and pay-per-view services; and video programming services. It also provides voice over Internet protocol telephone services; local, regional, and long-distance calling services; and mobile services, such as data, talk, and text. In addition, the company offers Ethernet, data transport, IP-based virtual private networks, Internet access, and telephony services; 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. Further, it provides 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, the company offers audience-based and multiscreen advertising solutions; 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. The company was incorporated in 2015 and is headquartered in Long Island City, New York.

Company Details

  • SectorCommunication Services
  • IndustryTelecom Services
  • CEOMr. Dennis Mathew
  • Employees9.50K
  • Headquarters1 Court Square West, Long Island City, NY, United States, 11101, USA
  • Websitehttps://www.optimum.com

Leadership

  • Mr. Dennis MathewCEO & Chairman · b. 1978
  • Mr. Marc SirotaChief Financial Officer · b. 1971
  • Mr. Michael E. Olsen J.D.Executive VP, General Counsel & Chief Corporate Responsibility Officer · b. 1965
  • Mr. Dexter G. GoeiExecutive Director · b. 1972
  • Mr. Charles Fyfe StewartSpecial Advisor & Director · b. 1970
  • Mr. Michael ParkerExecutive VP & President of Consumer Services
  • Mr. Nate EdwardsChief Operating Officer
  • Ms. Maria BruzzeseSenior VP & Chief Accounting Officer · b. 1965
  • Mr. Luciano RamosExecutive VP and Chief Product & Technology Officer
  • Mr. John HsuSenior Vice President of Investor Relations, Treasury & Risk Management · b. 1973

Financials

Income Statement

Currency: USD2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue6.13B6.23B6.46B6.51B6.02B9.31B9.57B9.76B9.89B10.09B9.65B9.24B8.95B8.59B
Growth (%)-+1.64%+3.67%+0.76%-7.57%+54.67%+2.79%+2.03%+1.37%+1.98%-4.39%-4.26%-3.06%-4.06%
Cost of Revenue2.94B3.08B3.14B3.20B1.91B3.04B3.17B3.30B3.34B3.38B4.98B4.67B2.90B4.33B
Gross Profit3.19B3.15B3.32B3.31B4.11B6.27B6.39B6.46B6.55B6.71B4.67B4.56B6.06B4.26B
Gross Margin51.98%50.59%51.40%50.87%68.24%67.38%66.83%66.19%66.24%66.48%48.39%49.40%67.65%49.55%
Operating Expense2.33B2.38B2.40B2.44B3.64B5.43B4.71B4.64B4.44B4.18B2.74B2.65B4.38B2.68B
Operating Income854.48M771.23M926.08M874.18M462.81M841.01M1.68B1.82B2.12B2.52B1.93B1.92B1.68B1.57B
Operating Margin13.94%12.38%14.33%13.43%7.69%9.04%17.59%18.68%21.38%25.02%20.03%20.75%18.76%18.33%
EBITDA1.75B1.63B1.79B1.74B2.40B3.91B4.09B4.16B4.02B4.36B3.67B3.46B3.35B1.56B
EBITDA Margin28.49%26.19%27.65%26.72%39.90%42.03%42.79%42.62%40.62%43.20%38.04%37.42%37.36%18.14%
Net Income74.23M127.34M308.62M187.99M-832.03M1.49B18.83M138.94M436.18M990.31M194.56M53.20M-102.92M-1.87B
Net Income Margin1.21%2.04%4.78%2.89%-13.83%16.04%0.20%1.42%4.41%9.81%2.02%0.58%-1.15%-21.76%
Interest Expense----1.46B1.60B1.56B1.54B1.35B1.27B1.33B1.64B1.76B1.79B
Interest Expense % of Total Revenue----24.21%17.23%16.27%15.74%13.67%12.55%13.80%17.75%19.69%20.85%

Balance Sheet

Currency: USD2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets7.25B6.59B6.77B6.87B36.47B34.81B33.61B34.11B33.38B33.22B33.66B31.92B31.70B30.70B
Total Liabilities12.88B11.87B11.80B11.78B34.44B29.31B29.93B31.83B34.58B34.09B34.17B32.36B32.16B33.00B
Total Equity-5.64B-5.28B-5.04B-4.91B2.03B5.50B3.67B2.27B-1.14B-819.79M-475.21M-422.18M-469.24M-2.31B
Cash332.61M702.22M850.41M1.00B486.79M329.85M298.78M701.90M278.42M195.71M305.48M302.06M256.53M1.12B
Total Debt-9.75B9.68B9.61B24.03B21.94B22.81B24.69B26.98B26.78B26.85B25.34B25.31B26.50B
Net Debt-332.61M9.04B8.83B8.61B23.54B21.61B22.51B23.99B26.70B26.59B26.54B25.04B25.06B25.38B

Cash Flow

Currency: USD2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow1.49B1.37B1.38B1.26B1.18B2.02B2.51B2.98B2.98B2.85B2.37B1.83B1.58B1.23B
Investing Cash Flow-1.08B-302.47M-881.98M-827.83M-9.60B-1.09B-1.15B-1.22B-1.22B-1.57B-1.92B-1.71B-1.46B-1.29B
Financing Cash Flow-669.19M-693.79M-346.90M-276.90M131.42M-1.10B-1.39B-2.18B-2.18B-1.36B-335.91M-122.59M-171.98M949.36M
Capital Expenditure991.59M951.68M891.68M816.40M625.65M953.06M1.15B1.07B1.07B1.23B1.91B1.70B1.43B1.35B
Free Cash Flow497.65M414.20M485.39M441.21M558.81M1.07B1.35B1.91B1.91B1.62B452.62M121.59M149.39M-118.84M
Dividends Paid163.87M159.71M160.54M125.17M365.56M919.32M1.50B----1.79M8.40M9.74M
FCF to OCF33.42%30.32%35.25%35.08%47.18%52.78%53.99%63.96%63.96%56.84%19.12%6.66%9.44%-9.67%
Dividend Paid to FCF32.93%38.56%33.08%28.37%65.42%86.31%110.77%----1.47%5.62%-8.19%

Earnings

Report DateJul 27, 2017Nov 2, 2017Feb 28, 2018May 9, 2018Aug 2, 2018Nov 5, 2018Feb 21, 2019May 2, 2019Jul 31, 2019Nov 5, 2019Feb 12, 2020Apr 30, 2020Jul 30, 2020Oct 29, 2020Feb 10, 2021Apr 28, 2021Jul 28, 2021Nov 4, 2021Feb 16, 2022Apr 28, 2022Aug 3, 2022Nov 2, 2022Feb 22, 2023May 3, 2023Aug 2, 2023Nov 1, 2023Feb 14, 2024May 2, 2024Aug 1, 2024Nov 4, 2024Feb 13, 2025May 8, 2025Aug 7, 2025Nov 6, 2025Feb 12, 2026May 7, 2026Aug 6, 2026Nov 5, 2026
EPS Estimate-0.10-0.08--0.14-0.080.010.110.040.140.160.180.110.160.250.380.310.470.510.560.310.310.350.210.050.090.040.070.010.070.040.04-0.08-0.06-0.13-0.01-0.14-0.17-0.19
EPS Actual-0.65-0.253.06-0.17-0.130.040.30-0.040.130.120.00-0.000.190.430.600.580.430.580.560.430.230.19-0.430.060.180.15-0.26-0.050.03-0.07-0.12-0.16-0.21-0.13-0.15-6.10-0.19-
Surprise-550.00%-212.50%--21.43%-62.50%300.00%172.73%-200.00%-7.14%-25.00%-99.72%-101.27%18.75%72.00%57.89%87.10%-8.51%13.73%0.00%38.71%-25.81%-45.71%-304.76%20.00%100.00%275.00%-471.43%-600.00%-57.14%-275.00%-400.00%-100.00%-250.00%0.00%-1400.00%-4257.14%-11.76%-
TimingAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap385.25M
Enterprise Value25.88B
Trailing P/E0.00
Forward P/E1.98
PEG Ratio1.34
Price / Sales0.05
Price / Book28.76
EPS-10.56
Book Value-14.14
Revenue (TTM)8.38B
Gross Profit (TTM)5.86B
EBITDA3.02B
Profit Margin-58.15%
Operating Margin9.09%
Return on Equity0.00%
Return on Assets2.81%
Shares Outstanding272.57M
Shares Float277.64M
Beta1.25
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Ownership Breakdown

Institutions
75.48%
Insiders
11.32%
Retail / Other
13.20%

Top Institutional Holders

  • BlackRock Inc
    20.50M5.38%
  • MILFAM LLC
    15.92M4.17%
  • Deutsche Bank AG
    15.16M3.97%
  • Kite Lake Capital Management (UK) LLP
    14.10M3.70%
  • Empyrean Capital Partners, LP
    14.04M3.68%
  • Vanguard Capital Management, LLC
    11.66M3.06%
  • JPMorgan Chase & Co
    10.42M2.73%
  • Vanguard Portfolio Management, LLC
    9.43M2.47%
  • The Goldman Sachs Group Inc
    8.67M2.27%
  • Millennium Management LLC
    7.72M2.02%
  • Oaktree Capital Management LLC
    7.33M1.92%
  • Charles Schwab Investment Management Inc
    6.66M1.75%
  • State Street Corp
    6.37M1.67%
  • Geode Capital Management, LLC
    6.18M1.62%
  • Apollo Management Holdings LP
    6.10M1.60%
  • CastleKnight Management LP
    5.44M1.43%
  • Point72 Asset Management, L.P.
    5.27M1.38%
  • Redwood Capital Management, LLC
    5.19M1.36%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    6.16M1.61%
  • iShares Russell 2000 ETF
    6.12M1.60%

Dividends

20181×
2.04Jun 7, 2018