secwatch.observer — SEC 8-K summary
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Issuer:     Optimum Communications, Inc. (OPTU)
CIK:        0001702780
Form:       8-K
Filed at:   2023-08-02T23:59:59+00:00
Accession:  0001628280-23-026763
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Altice USA Q2 revenue $2.32B (-5.6% YoY); net income $78.3M; free cash flow deficit $34.6M
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- Net income $78.3M ($0.17 diluted EPS) vs $106.2M ($0.23) in Q2 2022; revenue fell 5.6% to $2.32B.
- Adjusted EBITDA $921.7M (-8.5% YoY); Free cash flow deficit of $34.6M; cash capex $473.4M.
- Fiber broadband net adds best quarter at +40k, total fiber customers 250k; broadband net losses -37k.
- CSC Holdings issued $1.0B senior notes at 11.250% in April; net debt $24.5B, leverage 6.7x.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1702780/000162828023026763/0001628280-23-026763-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1702780/000162828023026763/atus-20230802.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-026763

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