secwatch.observer — SEC 8-K summary
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Issuer:     Optimum Communications, Inc. (OPTU)
CIK:        0001702780
Form:       8-K
Filed at:   2022-08-03T23:59:59+00:00
Accession:  0001628280-22-020611
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Altice USA Q2 revenue down 2.1% to $2.46B, net income falls 46%, fiber passings reach 1.59M
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- Net income $106.2M ($0.23 diluted EPS) vs $197.7M ($0.43) Q2 2021; Adjusted EBITDA $1.01B (-8.8%).
- Residential customer net losses -48k; broadband net losses -40k; fiber broadband adds +23k in Q2.
- Fiber passings 1.59M (+270k QoQ); total fiber customers >100k; multi-Gig speeds launched.
- Optimum Mobile lines 231k (+33k net adds in Q2); number 1 in ACSI customer satisfaction.
- FY 2022 capex guidance reiterated at $1.7-1.8B; extended $2.325B RCF maturity to July 2027.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1702780/000162828022020611/0001628280-22-020611-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1702780/000162828022020611/atus-20220803.htm
  HTML page:      https://secwatch.observer/filing/0001628280-22-020611

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