earnings
confidence high
sentiment negative
materiality 0.75
Altice USA Q2 net loss $96.3M; completes $1B asset-backed loan; broadband losses -35k
Optimum Communications, Inc.
2025-Q2 EPS reported
-$0.37
revenue$4,299,485,000
- Revenue $2.15B (-4.2% YoY); net loss $96.3M vs profit $15.4M in Q2 2024.
- Broadband net additions -35k (improved from -51k Q2 2024 and -37k Q1 2025); total subs 4.3M.
- Fiber customers +56k net adds to 663k (+53% YoY); mobile lines +38k to 546k.
- Completed $1.0B asset-backed loan secured by HFC assets, due Jan 2031 (Goldman Sachs, TPG Angelo Gordon).
- Adjusted EBITDA $803.8M (-7.3% YoY); margin 37.4%; FCF $28.4M vs -$40.9M Q2 2024.
item 2.02item 9.01