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Optimum Communications Inc

0.9690 USD
+0.0395
4.25%
At close Updated Oct 12, 4:00 PM EDT
Pre-market
After hours
0.9690
0.0000
0%
1 day
4.25%
5 days
-3.1%
1 month
-1.93%
3 months
-9.44%
6 months
-30.79%
Year to date
-43.66%
1 year
-60.61%
5 years
-94.5%
10 years
-97.04%
 

About: Optimum's assets were brought together when Altice Europe acquired US cable companies Suddenlink in 2015 and Cablevision in 2016. The Suddenlink business, which management calls the "West," provides television, internet access, and phone services to roughly 4.5 million US homes and businesses located primarily in smaller markets, with major clusters in Texas, West Virginia, Idaho, Arizona, and Louisiana. The Cablevision portion, dubbed the "East," provides comparable services to about 5.5 million homes and businesses in the New York City metro area. Both regions now operate under the Optimum brand name. Altice Europe spun off Optimum, which includes both the Suddenlink and Cablevision operations, to shareholders in 2018.

Employees: 9,500

News

Positive
Neutral
Negative
Sentiment 3-Months
Positive 22.2%
Neutral 55.6%
Negative 22.2%
Neutral
Business Wire
11 days ago
Optimum Appoints Adriana Rios Welton as General Counsel and Chief Corporate Responsibility Officer
NEW YORK--(BUSINESS WIRE)--Optimum Communications, Inc. (NYSE: OPTU) today announced the appointment of Adriana Rios Welton as General Counsel and Chief Corporate Responsibility Officer, effective immediately. She will lead the company's Legal team as well as Government and Regulatory Affairs and ESG, reporting to Chairman and Chief Executive Officer Dennis Mathew.Rios Welton joins Optimum with more than 15 years of legal, regulatory and public affairs leadership in the telecommunications indust.
Optimum Appoints Adriana Rios Welton as General Counsel and Chief Corporate Responsibility Officer
Neutral
Business Wire
1 month ago
Optimum Expands T-Mobile Relationship to Bring Customers Advanced 5G Connectivity and New Mobile Capabilities
NEW YORK--(BUSINESS WIRE)--Optimum Communications, Inc. (NYSE: OPTU) today announced an expanded, multi-year agreement with T-Mobile that will bring customers access to more advanced 5G capabilities, expanded device compatibility and enhanced connectivity at home, at work and while on-the-go. The agreement builds on Optimum's continued growth and momentum in the mobile market, following the company's recent announcement that it has surpassed 700,000 mobile lines. These milestones reinforce Opti.
Optimum Expands T-Mobile Relationship to Bring Customers Advanced 5G Connectivity and New Mobile Capabilities
Neutral
Business Wire
1 month ago
Optimum Receives Notice From NYSE Regarding Continued Listing Standard
NEW YORK--(BUSINESS WIRE)--Optimum Communications, Inc. (NYSE: OPTU) today announced that on August 13, 2026, it received a notice (the “Notice”) from the New York Stock Exchange (the “NYSE”) indicating the Company is not in compliance with Section 802.01C of the NYSE Listed Company Manual because the average closing price of the Company's Class A common stock was less than $1.00 over a consecutive 30 trading-day period (the “Price Criteria”). The Notice has no immediate effect on the listing o.
Optimum Receives Notice From NYSE Regarding Continued Listing Standard
Neutral
PRNewsWire
2 months ago
SPECTRUM AND OPTIMUM EXPAND STRATEGIC COLLABORATION TO ENHANCE LOCAL NEWS ACCESS AND ADVERTISING SOLUTIONS
Agreement Restores Spectrum News NY1 and News 12 in New York Market, Brings Spectrum News to Optimum TV Customers in Texas and North Carolina, and Expands Advertising Capabilities Through Spectrum Reach Key Takeaways The companies will restore reciprocal carriage of Spectrum News NY1 and Optimum's News 12 in the New York market in September, providing viewers with greater access to trusted hyperlocal news. Optimum TV customers in Texas and North Carolina will soon gain access to Spectrum News' award-winning local journalism, expanding local news and weather coverage for customers.
SPECTRUM AND OPTIMUM EXPAND STRATEGIC COLLABORATION TO ENHANCE LOCAL NEWS ACCESS AND ADVERTISING SOLUTIONS
Negative
Zacks Investment Research
2 months ago
Optimum Q2 Earnings Miss Tests Its 2026 Outlook and Cost Discipline
OPTU's Q2 revenue and subscriber declines weigh on results, while margin expansion and cost cuts offer support for its 2026 outlook.
Optimum Q2 Earnings Miss Tests Its 2026 Outlook and Cost Discipline
Positive
Zacks Investment Research
2 months ago
Is OPTU Stock a Buy as Mobile Growth Meets Debt and Revenue Risks?
OPTU's mobile growth and efficiency gains offer promise, but declining revenue, high leverage and negative cash flow temper the case.
Is OPTU Stock a Buy as Mobile Growth Meets Debt and Revenue Risks?
Negative
Zacks Investment Research
2 months ago
OPTU Stock Falls 28% in a Month: Is the Weakness an Opportunity?
Shares of Optimum Communications, Inc. OPTU have declined 28% in the past month, putting the spotlight on whether the sharp pullback reflects deteriorating fundamentals or creates an opportunity if the company's operational initiatives gain traction. Compared with larger telecom peers such as AT&T Inc. T and Verizon Communications Inc. VZ, Optimum faces a more challenging near-term growth profile, particularly in broadband.
OPTU Stock Falls 28% in a Month: Is the Weakness an Opportunity?
Positive
MarketBeat
2 months ago
Optimum Communications Q2 Earnings Call Highlights
Optimum Communications NYSE: OPTU reported second-quarter 2026 revenue of approximately $2 billion and adjusted EBITDA of $786 million, as the company continued to manage broadband subscriber losses while expanding mobile lines, improving margins and reducing operating expenses.
Optimum Communications Q2 Earnings Call Highlights
Negative
Zacks Investment Research
2 months ago
Optimum's Q2 Earnings Miss Estimates on Revenue Pressure
OPTU's Q2 revenues slip amid broadband and video pressure, while mobile growth, margin expansion and network investments offer offsets.
Optimum's Q2 Earnings Miss Estimates on Revenue Pressure
Positive
Zacks Investment Research
2 months ago
Optimum Communications, Inc. (OPTU) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
The headline numbers for Optimum Communications, Inc. (OPTU) give insight into how the company performed in the quarter ended June 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Optimum Communications, Inc. (OPTU) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
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