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Optimum Communications Inc Cl A (OPTU)

$1.25

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Key data on OPTU

Market cap

$595585813

EPS

-9.94

P/E ratio

--

Price to sales

0.09

Dividend yield

--

Beta

1.366763

Price on OPTU

Previous close

$1.15

Today's open

$1.19

Day's range

$1.16 - $1.29

52 week range

$0.58 - $2.98

Profile about OPTU

CEO

Dennis Mathew

Employees

9500

Headquarters

Long Island City, NY

Exchange

New York Stock Exchange

Shares outstanding

476468650

Issue type

Common Stock

OPTU industries and sectors

Media

Telecommunications

News on OPTU

Lightpath Monetizes Digital Services and Powers AI-Driven Innovation with Oracle

Digital infrastructure and connectivity provider leverages Oracle Communications solutions and Oracle Fusion Cloud Applications to automate key business processes and improve time to market with new customer offers AUSTIN, Texas, June 17, 2026 /PRNewswire/ -- Lightpath is using Oracle Cloud Scale Billing to transform its business through faster service delivery, more agile monetization capabilities, and improved operational efficiency. With the solution, the company can now streamline complex billing processes for its diverse enterprise customers.

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PRNewsWire • Jun 17, 2026

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Optimum Surpasses 700,000 Mobile Lines

NEW YORK--(BUSINESS WIRE)--Optimum Communications, Inc. (NYSE: OPTU), a leading provider of fiber internet, mobile, and TV services, today announces it has surpassed 700,000 mobile lines, marking a significant milestone in the company's continued growth and momentum in the mobile market. The achievement underscores Optimum's focus on delivering simple, flexible, and affordable connectivity solutions at a time when consumers are facing rising costs across nearly every aspect of daily life. Accor.

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Business Wire • Jun 9, 2026

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Optimum Launches Effort to Drive a Consensual Repositioning of its Capital Structure

LONG ISLAND CITY, N.Y.--(BUSINESS WIRE)--Optimum Communications, Inc. (NYSE: OPTU) (“Optimum” and, together with its subsidiaries, the “Company”) today announced a series of transactions designed to protect and maximize stakeholder value (collectively, the “Transactions”) and position the Company for anticipated discussions with an investor group holding funded debt obligations of its wholly owned indirect subsidiary, CSC Holdings, LLC (“CSC Holdings”). The Transactions include: an internal reo.

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Business Wire • Jun 1, 2026

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Optimum Subsidiary Announces Launch of Tender Offer for Shares of Optimum's Class A Common Stock

NEW YORK--(BUSINESS WIRE)--CSC Investments II LLC, a Delaware limited liability company (“CSC Investments II”) and a wholly owned subsidiary of Optimum Communications, Inc. (NYSE: OPTU) (“Optimum”), today announced it has launched a tender offer to purchase up to 120,000,000 shares of Optimum's Class A Common Stock, par value $0.01 per share (the “Class A Common Stock”). The consideration for each share of Class A Common Stock tendered and accepted for purchase pursuant to the tender offer will.

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Business Wire • Jun 1, 2026

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The High-Yield Stocks the Smart Money Is Buying Right Now

There is a principle I have followed for 30 years in this business. When the smartest credit team on the planet starts aggressively buying a beaten-down asset class they understand better than anyone alive, you do not sit on your hands and debate whether the timing is perfect.

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Benzinga • May 24, 2026

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Lightpath Expands its Dense NYC Metropolitan Fiber Infrastructure Network to Support Major National Wireless Service Providers Across more than 2,400 Macro Cell Tower Locations

NEW YORK, May 19, 2026 (GLOBE NEWSWIRE) -- Lightpath , a 100% fiber infrastructure company operating 12,100 route miles of AI-grade networks across 11 U.S. metro markets, today announced a major network expansion supporting deployments for leading national wireless service providers. The project spans more than 2,400 macro cell tower locations across CT, MA, NY, NJ.

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GlobeNewsWire • May 19, 2026

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Optimum Communications Q1 Earnings Call Highlights

Optimum Communications NYSE: OPTU reported lower first-quarter revenue and a large net loss tied to a non-cash impairment charge, while executives said the company is leaning on simplified pricing, mobile growth, cost controls and balance-sheet actions to navigate an increasingly competitive broadband market.

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MarketBeat • May 14, 2026

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Optimum Communications Q1 Earnings Beat Estimates on Cost Discipline

OPTU narrows its Q1 loss and expands margins despite broadband subscriber declines, while mobile growth hit a six-year quarterly high.

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Zacks Investment Research • May 8, 2026

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Optimum Communications, Inc. (OPTU) Q1 2026 Earnings Call Transcript

Optimum Communications, Inc. (OPTU) Q1 2026 Earnings Call Transcript

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Seeking Alpha • May 7, 2026

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Optimum Reports First Quarter 2026 Results

NEW YORK--(BUSINESS WIRE)--Optimum Communications, Inc. (NYSE: OPTU) today reports results for the first quarter ended March 31, 2026. Dennis Mathew, Optimum Chairman and Chief Executive Officer, said: "The first quarter reflects the deliberate choices we are making to build a more resilient business over time. We continued to navigate an intense competitive environment with strategic focus, executing against our core priorities of strengthening broadband trends, maintaining financial disciplin.

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Business Wire • May 7, 2026

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