---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-004565"
form_type: "8-K"
ticker: "OPTU"
cik: "0001702780"
company_name: "Optimum Communications, Inc."
filed_at: "2023-02-22T23:59:59+00:00"
generated_at: "2026-06-19T05:06:05.412218+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Altice USA Q4 revenue down 6% to $2.37B; net loss $193M; broadband subs decline 103k in FY 2022

## Summary
- Q4 revenue $2.37B (-6% YoY); net loss $193M vs profit $252M in Q4 2021; diluted EPS -$0.43.
- Adjusted EBITDA $913M (-15.7% YoY); cash capex $543M (+40.5% YoY); free cash flow -$82M.
- Residential broadband net losses 103k in FY 2022; fiber broadband adds 102k; total fiber customers 172k.
- FY 2023 capex guidance $1.7-1.8B; net leverage 6.3x LTM; targeting 4.5-5.0x over time.
- Successfully priced $2.0B Term Loan B-6 in December 2022; proceeds used to refinance existing debt.

## SEC filing metadata
- accession: 0001628280-23-004565
- form_type: 8-K
- ticker: OPTU
- cik: 0001702780
- company_name: Optimum Communications, Inc.
- filed_at: 2023-02-22T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1702780/000162828023004565/0001628280-23-004565-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1702780/000162828023004565/atus-20230222.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-004565
- JSON: https://secwatch.observer/filing/0001628280-23-004565.json
- Plain text: https://secwatch.observer/filing/0001628280-23-004565.txt

## Key facts
- Earnings Releases
  Optimum Communications, Inc. reported the quarter ended December 31, 2022 results: revenue $2.37 billion, net income ($193.1) million, EPS ($0.43)/share on a diluted basis.
  - Period: the quarter ended December 31, 2022
  - Revenue: $2.37 billion
  - Net income: ($193.1) million
  - EPS: ($0.43)/share on a diluted basis
  - Result: reported results
  source text: Total Revenue declined -6.0% YoY in Q4 2022 to $2.37 billion (-4.7% excluding air strand revenue (1) ), including Residential revenue decline of -5.0% YoY, Business Services revenue decline of -9.3% YoY (-0.4% excluding air strand revenue (1) ) and News & Advertising revenue decline of -10.8% YoY. Total revenue declined -4.4% YoY in FY 2022 (-3.2% excluding air strand revenue (1) ). • Net income (loss) attributable to stockholders was ($193.1) million in Q4 2022 (($0.43)/share on a diluted basis) compared to $251.7 million in Q4 2021 ($0.56/share on a diluted basis). Net income attributable to stockholders was $194.6 million ($0.43/share on a diluted basis) in FY 2022 compared to net income of $990.3 million in FY 2021 ($2.14/share on a diluted basis).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1702780/000162828023004565/0001628280-23-004565-index.htm
- Earnings Releases
  Optimum Communications, Inc. reported the year ended December 31, 2022 results: net income $194.6 million, EPS $0.43/share on a diluted basis.
  - Period: the year ended December 31, 2022
  - Net income: $194.6 million
  - EPS: $0.43/share on a diluted basis
  - Result: reported results
  source text: Net income attributable to stockholders was $194.6 million ($0.43/share on a diluted basis) in FY 2022 compared to net income of $990.3 million in FY 2021 ($2.14/share on a diluted basis).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1702780/000162828023004565/0001628280-23-004565-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.