secwatch.observer — SEC 8-K summary
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Issuer:     Optimum Communications, Inc. (OPTU)
CIK:        0001702780
Form:       8-K
Filed at:   2025-11-06T23:59:59+00:00
Accession:  0001702780-25-000004
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1702780/000170278025000004/0001702780-25-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1702780/000170278025000004/atus-20251106.htm
  HTML page:      https://secwatch.observer/filing/0001702780-25-000004

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