{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-23-035984","form_type":"8-K","ticker":"OPTU","cik":"0001702780","company_name":"Optimum Communications, Inc.","filed_at":"2023-11-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.102033+00:00","generated_at":"2026-06-09T02:54:47.297764+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Altice USA reports Q3 2023 revenue down 3.2% YoY to $2.32B; broadband net losses narrow","bullets":["Net income $66.8M ($0.15 diluted EPS) vs $84.9M prior year; Adjusted EBITDA $915.5M, down 4.1% YoY.","Residential revenue $1.83B (-3.4% YoY); total broadband net losses improved to -31k from -43k YoY.","Optimum Mobile net adds +24k (5x YoY growth), reaching 288k lines; fiber customers +45k net adds, best quarter.","Cash capex $353.2M, down 28.4% YoY; operating FCF $562.3M, up 22.0% YoY; FCF $121.3M, down 10.6%.","Net leverage 6.7x L2QA; target 4.5x-5.0x; weighted average cost of debt 6.1%."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-23-035984","json":"https://secwatch.observer/filing/0001628280-23-035984.json","markdown":"https://secwatch.observer/filing/0001628280-23-035984.md","text":"https://secwatch.observer/filing/0001628280-23-035984.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1702780/000162828023035984/0001628280-23-035984-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1702780/000162828023035984/atus-20231101.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T02:54:47.297764+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"f980f3493e56ff817e5e3fbebf9809e1993df279","claim":"Optimum Communications, Inc. reported quarter ended September 30, 2023 results: revenue $2.32 billion, net income $66.8 million, EPS $0.15.","evidence_excerpt":"Total Revenue was $2.32 billion, down -3.2% YoY This included Residential revenue decline of -3.4% YoY, Business Services revenue growth of +0.1% YoY and News & Advertising revenue decline of -10.8% YoY (or News & Advertising revenue growth of +4.9% YoY excluding political revenue). ◦ Residential Revenue (6) was $1.83 billion, down -3.4% YoY Driven mostly due to the loss of higher ARPU video customers over the last year. ◦ Residential revenue per customer (7) was $138.42 Grew sequentially +$0.98 in Q3-23 vs Q2-23, and was down -0.6% YoY. ◦ Business Services Revenue was $366.9 million, grew +0.1% YoY This included Lightpath revenue growth of +2.3% YoY, and SMB / Other decline of -0.7% YoY. ◦ News and Advertising Revenue was $107.5 million, down -10.8% YoY Excluding political revenue, News & Advertising grew +4.9% YoY. • Net income attributable to stockholders was $66.8 million ($0.15/share on a diluted basis)","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1702780/000162828023035984/0001628280-23-035984-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"quarter ended September 30, 2023"},{"label":"Revenue","value":"$2.32 billion"},{"label":"Net income","value":"$66.8 million"},{"label":"EPS","value":"$0.15"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}