secwatch.observer — SEC 8-K summary
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Issuer:     Optimum Communications, Inc. (OPTU)
CIK:        0001702780
Form:       8-K
Filed at:   2024-02-14T23:59:59+00:00
Accession:  0001628280-24-004788
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Altice USA Q4 revenue $2.3B (-2.9% YoY); net loss $0.26/sh; fiber & mobile grow
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- Q4 revenue $2.30B (-2.9% YoY); full-year $9.24B (-4.3% YoY). Adjusted EBITDA $903M Q4, $3.61B FY, margin 39.2% / 39.1%.
- Net loss attributable to stockholders $117.8M Q4 ($0.26 loss/diluted share); full-year net income $53.2M ($0.12/diluted).
- Broadband net losses 27k in Q4; fiber net adds +46k (best quarter); mobile net adds +34k (8.2x YoY) reaching 322k lines.
- Jan 2024: issued $2.05B 11.75% senior notes due 2029 to repay term loans; plan to redeem $750M 5.25% notes due 2024 via revolver.
- Net debt $24.4B consolidated; leverage 6.7x; target 4.5-5.0x for CSC Holdings. FY2024 capex guided ~$1.6-1.7B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1702780/000162828024004788/0001628280-24-004788-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1702780/000162828024004788/atus-20240214.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-004788

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