Optimum Communications, Inc. logo

OPTUOptimum Communications, Inc.

NYSE · Communication Services · Telecom Services

$0.94

-$0.03 (-3.24%)

Optimum Communications, Inc. (OPTU) is a telecom services company listed on NYSE. It is led by Dennis Mathew, based in 1 Court Square West, Long Island City, NY, United States, 11101, with about 9,500 employees. 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.

Latest reported OPTU revenue for 2025-09-30 was $2.11B. Net income was -$1.62B. Revenue was down 1.8% from 2025-06-30 to 2025-09-30. OPTU currently screens at market cap $530.5M.

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About Optimum Communications, Inc.

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.

OPTU Key Statistics

Market Cap

$530.51M

Volume

2.13M

Previous Close

$0.86

Day Range

$0.85$1.00

0

P/B Ratio

28.76

EPS

-$0.22

Revenue

$8.95B

Net Income

-$78.28M

Gross Profit

$0.00

Free Cash Flow

$0.00

Revenue Growth

-3.1%

Profit Margin

-0.9%

Employees

9,500

OPTU Financials

Annual income statement in USD. Latest reported periods first.

OPTU annual income statement across FY2024, FY2023, FY2022
LineFY2024FY2023FY2022
Revenue$8.95B$9.24B$9.65B
Cost of Revenue$0.00$0.00$0.00
Gross Profit$0.00$0.00$0.00
Operating Income$0.00$0.00$0.00
Net Income-$78.28M$79.04M$220.89M
EPS (Diluted)-$0.22$0.12$0.43

Total Assets

$31.70B

Total Debt

$0.00

Shareholders' Equity

$0.00

Cash & Equivalents

$256.53M

Operating Cash Flow

$1.58B

Free Cash Flow

$0.00

Optimum Communications, Inc. Company Information

CEO & Chairman
Dennis Mathew
Headquarters
1 Court Square West, Long Island City, NY, United States, 11101
Phone
516 803 2300
IPO / Founded
2017-06-22
Industry
Telecom Services
Data Updated:

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