Altice USA Q2 revenue $2.24B (-3.6%); net income $15.4M vs $78.3M YoY; broadband losses -51k

Optimum Communications, Inc.

2024-FY EPS reported -$0.01 revenue$4,491,690,000

Total revenue $2.24B (-3.6% YoY); residential revenue $1.75B (-4.4%); net income $15.4M ($0.03 diluted EPS) vs $78.3M in Q2 2023.
Adjusted EBITDA $867.2M (-5.9% YoY); margin 38.7%; free cash flow deficit -$40.9M.
Broadband net losses -51k (worsened from -37k YoY); fiber net adds +40k; mobile net adds +33k (2x YoY acceleration).
Cash capex $347.7M (-26.6% YoY); full-year 2024 capex guidance under $1.6B.
Consolidated net debt $24.566B; net leverage 7.2x; weighted avg cost of debt 6.5%.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.