Altice USA Q3 net loss $1.63B on $1.6B impairment; revenue down 5.4%; plans name change to Optimum

Optimum Communications, Inc.

2025-Q3 EPS reported -$3.85 revenue$6,407,595,000

Net loss of $1,625.9M ($3.47/diluted share) includes $1.6B non-cash franchise rights impairment; YoY loss was $43M.
Revenue $2.11B, down 5.4% YoY; Adjusted EBITDA $830.7M (-3.6% YoY) with margin 39.4%; free cash flow deficit $178.1M.
Broadband PSU net losses widened to -58k in Q3 vs -50k YoY; total broadband subs 4.2M.
Fiber customers reached 703k (+46% YoY); mobile lines 584k (+39% YoY).
Company to rename to Optimum Communications, ticker changes to OPTU on Nov 19, 2025.

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