secwatch.observer — SEC 8-K summary
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Issuer:     Optimum Communications, Inc. (OPTU)
CIK:        0001702780
Form:       8-K
Filed at:   2025-08-07T23:59:59+00:00
Accession:  0001628280-25-038595
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Altice USA Q2 net loss $96.3M; completes $1B asset-backed loan; broadband losses -35k
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1702780/000162828025038595/0001628280-25-038595-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1702780/000162828025038595/atus-20250807.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-038595

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer