Optimum Communications, Inc.
Optimum Communications provides broadband, video, telephony, and mobile services to residential and business customers across 21 states, primarily in the New York metropolitan area and south-central United States. It markets its services under the Optimum brand and operates fiber-to-the-home and hybrid-fiber coaxial networks. Its offerings include Optimum TV, mobile service, business connectivity and managed services, and enterprise fiber services through Lightpath. News 12 provides local news programming, while Optimum Media and Juice Media offer advertising services to advertisers. Optimum Communications makes money by charging customers for service tiers, packages, equipment, and add-ons, and by providing connectivity, managed services, and advertising solutions. It is a holding company that does not conduct business operations of its own. Its business is conducted through subsidiaries.
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Optimum Communications (OPTU) announced it has surpassed 800,000 mobile lines, up from 700,000 in June. The company offers bundled internet and mobile services starting at $60/month, with discounts for bundling. A survey found 60% of mobile consumers use fully paid-off devices. Optimum operates on what it describes as America’s largest 5G network.
Optimum Communications (OPTU) reported Q3 2026 revenue of $2 billion, in line with estimates but down 5.1% YoY. GAAP EPS loss of -$10.24 missed estimates. Adjusted EBITDA was $773.7 million, a 7% miss. Operating margin worsened to -153%. Analysts expect a 5.2% revenue decline over the next 12 months. Shares rose 2.5% post-earnings.
Optimum Communications (OPTU) will report earnings Friday. Last quarter, it missed revenue estimates with $2.02B, down 5.8% YoY, and lost 5.4% of broadband subscribers. Analysts expect a 5.5% revenue decline this quarter. Peers AT&T and Comcast showed mixed results. OPTU stock is down 29.2% in a month, with an average price target of $1.05.
Over the past 7 days, AlphAI's AI scored 2 news stories mentioning OPTU (Optimum Communications, Inc.). Coverage has skewed bearish: 0 bullish, 1 neutral, and 1 bearish.
Recent OPTU coverage spans earnings, financial news and corporate actions.
In the last 30 days, OPTU insiders filed 2 SEC Form 4 transactions — 2 purchases ($1.2M) and no sales. The most active reporter was SUBIN NEIL S with 2 filings.
The subscriber growth may improve revenue outlook and support modest price appreciation.
Results are mixed: revenue met expectations, but profitability and cash flow deteriorated, which can pressure the stock on quality concerns.
Expect downward pressure as the company missed revenue expectations and subscriber numbers fell.
New director appointments with high compensation may raise governance concerns and increase operating expenses.
New director appointments and increased compensation may slightly increase operating expenses and raise governance scrutiny.
AlphAI scores every news story that mentions OPTU with an AI model for sentiment and relevance, and aggregates insider trades from Optimum Communications, Inc.'s SEC EDGAR Form 4 filings. Figures refresh continuously.
Optimum Communications (OPTU) announced it has surpassed 800,000 mobile lines, up from 700,000 in June. The company offers bundled internet and mobile services starting at $60/month, with discounts for bundling. A survey found 60% of mobile consumers use fully paid-off devices. Optimum operates on what it describes as America’s largest 5G network.
Optimum Communications (OPTU) reported Q3 2026 revenue of $2 billion, in line with estimates but down 5.1% YoY. GAAP EPS loss of -$10.24 missed estimates. Adjusted EBITDA was $773.7 million, a 7% miss. Operating margin worsened to -153%. Analysts expect a 5.2% revenue decline over the next 12 months. Shares rose 2.5% post-earnings.
Optimum Communications (OPTU) will report earnings Friday. Last quarter, it missed revenue estimates with $2.02B, down 5.8% YoY, and lost 5.4% of broadband subscribers. Analysts expect a 5.5% revenue decline this quarter. Peers AT&T and Comcast showed mixed results. OPTU stock is down 29.2% in a month, with an average price target of $1.05.
Optimum Communications (OPTU) appointed Elizabeth Abrams and Daniel Silvers as directors, each receiving a $75,000 monthly fee. Both were named to the Special Committee and their October fees were prorated.
Optimum Communications, Inc. (OPTU) filed an SEC Form 8-K — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers. Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On October 28, 2026, the board of directors (the “Board”) of Optimum Communications, Inc. (the “Company”) increased the siz
Group 1 Automotive (GPI) saw a $24.2M insider purchase by Conifer Management, while Corebridge Financial (CRBG) had an $8.7M buy by Nippon Life. Optimum Communications (OPTU) and Korro Bio (KRRO) also reported insider buys. Gentherm (THRM) had a $532.6K purchase. On the sell side, Intuitive Surgical (ISRG), Charles River Labs (CRL), Lam Research (LRCX), United Therapeutics (UTHR), and PACS Group (PACS) reported insider sales.
SUBIN NEIL S purchased 2,228,007 indirectly-held shares of Optimum Communications, Inc. (OPTU) at an average of $0.52 ($0.52–$0.61, $1.16M total) across 2 trades over 2026-10-22 to 2026-10-23. Filed jointly with MILFAM LLC (10% owner), MILFAM GP, LLC (10% owner) and Dark Mirage, LP (10% owner).
Optimum Communications (OPTU) shares rose 7.6% to $0.99 after announcing network upgrades in Lake Charles, Louisiana, expanding broadband speeds to 2 Gbps and investing in local community organizations. The company has seen significant volatility, with a 44.1% decline year-to-date and a 64.3% drop from its 52-week high.
Optimum Communications, Inc. (OPTU) filed an SEC Form 8-K — Results of Operations and Financial Condition. Item 2.02 Results of Operations and Financial Condition. The information appearing below under Item 4.02 regarding certain previously reported financial information of Optimum Communications, Inc. (the "Company") for the fiscal year ended December 31, 2025, and the fiscal quarter
Cable One (CABO) reported Q2 revenue of $348.9M, down 8.4% YoY, missing EPS and EBITDA estimates. Comcast (CMCSA) reported $29.57B revenue, up 4.7% YoY, beating estimates. Optimum (OPTU), AT&T (T), and Verizon (VZ) also reported mixed results. CABO stock fell 36.3% post-earnings, while CMCSA, OPTU, T, and VZ rose 14.3%, 29.4%, 16.7%, and 14.7% respectively.
