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Optimum Communications Inc
Previous close
$1.82
Day range
$1.78 - $1.82
Year range
$1.59 - $2.14
Market cap
855.09M USD
Avg Volume
2.44M
P/E ratio
-
Dividend yield
-
Primary exchange
NYSE
Financials
Income Statement
Revenue
Net income
| (USD) | Sep 2025info | Y/Y change |
|---|---|---|
Revenue | 2.11B | -5.37% |
Operating expense | 1.07B | 0.47% |
Net income | -1.63B | -3,683.80% |
Net profit margin | -77.13 | -3,896.37% |
Earnings per share | -0.13 | -69.82% |
EBITDA | 814.57M | -2.78% |
Effective tax rate | 0.09% | — |
Balance Sheet
Total assets
Total liabilities
| (USD) | Sep 2025info | Y/Y change |
|---|---|---|
Cash and short-term investments | 938.76M | 275.50% |
Total assets | 30.73B | -3.47% |
Total liabilities | 32.97B | 2.21% |
Total equity | -2.24B | — |
Shares outstanding | 469.83M | — |
Price to book | -0.38 | — |
Return on assets | 3.20% | — |
Return on capital | 4.06% | — |
Cash Flow
Net change in cash
| (USD) | Sep 2025info | Y/Y change |
|---|---|---|
Net income | -1.63B | -3,683.80% |
Cash from operations | 147.45M | -66.18% |
Cash from investing | -265.14M | 26.37% |
Cash from financing | 914.30M | 585.16% |
Net change in cash | 796.08M | 810.13% |
Free cash flow | -305.79M | -9,637.24% |
About
Optimum Communications, Inc. is an American telecommunications provider owned by Franco-Israeli businessman Patrick Drahi. The company primarily provides digital cable television and broadband services in the New York metropolitan area as well as in several Midwestern and Southern U.S. states. With approximately 4.9 million residential and business customers in 21 U.S. states as of 2017 it is the fourth-largest telecommunications company in the United States. Optimum is based at One Court Square in Long Island City, Queens, New York City. The company's operational center is located at Cablevision's former headquarters in Bethpage, Nassau County, New York, on Long Island.
The company was formed via the acquisitions of Suddenlink Communications and Cablevision by Drahi's Altice in 2016. In 2017, the subsidiary went public on the New York Stock Exchange, and in 2018 was spun off from Altice as an independent company, although it still remains controlled by Drahi.
The company operates cable television and broadband services under the brand Optimum, which originated from Cablevision; the brand was extended to Suddenlink's systems in 2022, and became Altice USA's corporate name in 2025. Wikipedia
Founded
Sep 14, 2015
Website
Employees
10,900