Recent 8-K filings for OPTU
Highest-materiality recent filing
Optimum raises $500M via preferred units, starts $300M tender at $2.50 to shield assets from CSC debt
- Unsub Topco privately places $300M Series A Preferred Units at 13% cash / 15% compounding dividend to institutional investors.
- Next Alt exchanges 80M Optimum shares for $200M preferred units at $2.50; voting power drops 94% to 90.5%.
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Unsub Topco privately places $300M Series A Preferred Units at 13% cash / 15% compounding dividend to institutional investors.
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Optimum Q1 net loss of $2.88B includes $2.7B franchise impairment; revenue down 4%
Net loss attributable to stockholders of $2.88B ($6.10 diluted EPS) vs $75.7M loss in Q1 2025.
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Effective October 1, 2026 (or earlier upon successor), Olsen steps down as EVP/GC/CRO, becomes Senior Executive Counsel, Capital Transformation.
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Optimum Communications subsidiary closes $1.657B fiber securitization, refinances existing debt
Issued $1.527B Class A-2 Notes at 5.597% and $130M Class B Notes at 5.890%.
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Optimum Q4 revenue $2.18B (-2.3% YoY); net loss $71M; Adj EBITDA $902M (+7.7% YoY)
Q4 net loss attributable to stockholders of $71.2M ($0.15 diluted loss per share) vs $54.1M loss in Q4 2024.
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Optimum Communications subsidiaries enter $1.1B incremental term loan at 9.0% fixed, due 2028
Cablevision Litchfield and CSC Optimum (both Optimum subs) borrowed $1.1 billion under an incremental term loan maturing November 25, 2028.
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CSC Holdings entered $2B incremental term loan B-7 (SOFR+4.50% or ABR+3.50%) maturing Jan 15, 2028.
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Altice USA Q3 net loss $1.63B on $1.6B impairment; revenue down 5.4%; plans name change to Optimum
Net loss of $1,625.9M ($3.47/diluted share) includes $1.6B non-cash franchise rights impairment; YoY loss was $43M.
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Altice USA Q2 net loss $96.3M; completes $1B asset-backed loan; broadband losses -35k
Revenue $2.15B (-4.2% YoY); net loss $96.3M vs profit $15.4M in Q2 2024.
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Altice USA subsidiary borrows $1B secured by NYC network receivables at 8.875%
Cablevision Funding LLC, indirect sub of Altice USA, entered $1,000M secured term loan on July 16, 2025.
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Altice USA Q1 revenue down 4.4%, net loss widens to $75.7M; fiber adds +69k, FY25 guide
Revenue $2.152B (-4.4% YoY); net loss $75.7M (-$0.16 EPS) vs $21.2M loss year ago.
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CSC Holdings debt restructuring negotiations with Akin/PJT ad hoc group conclude without agreement
CSC Holdings (Altice USA sub) ended debt restructuring talks with ad hoc group of holders; no deal reached.
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Altice USA Q4 revenue $2.2B (-2.9% YoY); net loss $54M; fiber customers +58%, mobile lines +43%
Total revenue $2.2B Q4, $9.0B FY; net loss $54M Q4, $103M FY (vs $53M profit FY 2023).
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Altice USA Q3 2024: net loss $43M, revenue -3.9%, fiber adds +47k, capex guide cut to $1.5B
Revenue $2.23B (-3.9% YoY); net loss attributable to stockholders $43M vs $66.8M profit in Q3 2023.
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Altice USA Q2 revenue $2.24B (-3.6%); net income $15.4M vs $78.3M YoY; broadband losses -51k
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.
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Altice USA Q1 revenue down 1.9% to $2.25B, net loss of $21.2M vs profit year ago
Revenue $2.25B (-1.9% YoY); net loss attributable to stockholders $21.2M ($0.05/shr) vs $25.9M profit in Q1 2023.
Earnings & guidance
Materiality & sentiment trend
Max materiality 0.90 · Median 0.70 · Most common event earnings