---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-019804"
form_type: "8-K"
ticker: "OPTU"
cik: "0001702780"
company_name: "Optimum Communications, Inc."
filed_at: "2024-05-02T23:59:59+00:00"
generated_at: "2026-06-03T00:39:56.091538+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Altice USA Q1 revenue down 1.9% to $2.25B, net loss of $21.2M vs profit year ago

## Summary
- Revenue $2.25B (-1.9% YoY); net loss attributable to stockholders $21.2M ($0.05/shr) vs $25.9M profit in Q1 2023.
- Adjusted EBITDA $846.6M (-2.5% YoY), margin 37.6%; Free Cash Flow $63.6M positive.
- Residential ARPU $135.67 (+0.3% YoY); fiber customer net adds +53k, total fiber customers 395k (+88% YoY).
- Mobile line net adds +29k (3.8x YoY), ending 352k lines; broadband net losses -30k vs -19k YoY.
- Issued $2.05B senior notes due 2029 at 11.750% to repay term loans; redeemed $750M revolver.

## SEC filing metadata
- accession: 0001628280-24-019804
- form_type: 8-K
- ticker: OPTU
- cik: 0001702780
- company_name: Optimum Communications, Inc.
- filed_at: 2024-05-02T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1702780/000162828024019804/0001628280-24-019804-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1702780/000162828024019804/atus-20240502.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-019804
- JSON: https://secwatch.observer/filing/0001628280-24-019804.json
- Plain text: https://secwatch.observer/filing/0001628280-24-019804.txt

## Key facts
- Earnings Releases
  Optimum Communications, Inc. reported the quarter ended March 31, 2024 results: revenue $2.3 billion, net income ($21.2) million, EPS ($0.05) per diluted share.
  - Period: the quarter ended March 31, 2024
  - Revenue: $2.3 billion
  - Net income: ($21.2) million
  - EPS: ($0.05) per diluted share
  - Result: reported results
  source text: customer relationships and elevating network and service quality, all while maintaining financial discipline." First Quarter 2024 Financial Overview • Total Revenue of $2.3 billion (-1.9% year over year). • Residential Revenue (1) of $1.8 billion (-2.9% year over year). • Residential Revenue per user (ARPU) (2) of $135.67 (+0.3% or +$0.35 year over year). •
  evidence_url: https://www.sec.gov/Archives/edgar/data/1702780/000162828024019804/0001628280-24-019804-index.htm

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