Highest-materiality recent filing
Optimum receives NYSE delisting notice for sub-$1 average share price
On Aug 13, 2026, NYSE notified Optimum that average closing price fell below $1.00 over 30 trading days.
Optimum Q2 net loss widens to $292M; revenue down 5.8%; mobile adds +50k
Net loss $291.8M ($0.67 diluted EPS) vs $96.3M ($0.21) in Q2 2025; revenue $2.02B (-5.8% YoY).
Unsub Topco privately places $300M Series A Preferred Units at 13% cash / 15% compounding dividend to institutional investors.
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.
Effective October 1, 2026 (or earlier upon successor), Olsen steps down as EVP/GC/CRO, becomes Senior Executive Counsel, Capital Transformation.
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%.
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.
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.
CSC Holdings entered $2B incremental term loan B-7 (SOFR+4.50% or ABR+3.50%) maturing Jan 15, 2028.
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.
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.
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.
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.
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.
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).
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.
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.
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.
Altice USA Q4 revenue $2.3B (-2.9% YoY); net loss $0.26/sh; fiber & mobile grow
Q4 revenue $2.30B (-2.9% YoY); full-year $9.24B (-4.3% YoY). Adjusted EBITDA $903M Q4, $3.61B FY, margin 39.2% / 39.1%.
Altice USA subsidiary issues $2.05B of 11.75% senior notes due 2029 to refinance maturing debt
CSC Holdings issued $2.05B of 11.750% senior guaranteed notes due Jan 31, 2029 in private placement.
Altice USA subsidiary prices $2.05B senior notes at 11.75% to refinance near-term debt
CSC Holdings priced $2.05B aggregate principal of senior guaranteed notes due 2029 at 11.75% interest.
Altice USA reports Q3 2023 revenue down 3.2% YoY to $2.32B; broadband net losses narrow
Net income $66.8M ($0.15 diluted EPS) vs $84.9M prior year; Adjusted EBITDA $915.5M, down 4.1% YoY.
Altice USA Q2 revenue $2.32B (-5.6% YoY); net income $78.3M; free cash flow deficit $34.6M
Net income $78.3M ($0.17 diluted EPS) vs $106.2M ($0.23) in Q2 2022; revenue fell 5.6% to $2.32B.
Altice USA Q1 revenue down 5.3% to $2.29B; net income drops 87% to $25.9M; FCF negative $166M
Net income $25.9M ($0.06 diluted EPS) vs $196.6M ($0.43) YoY; adjusted EBITDA $868.4M, down 12.4%.
Altice USA subsidiary CSC Holdings issues $1.0B of 11.250% senior notes due 2028
$1.0B aggregate principal of 11.250% senior guaranteed notes due May 15, 2028 issued on April 25, 2023.
Altice USA subsidiary CSC Holdings prices $1.0B senior notes at 11.250% due 2028
$1,000.0M aggregate principal of senior guaranteed notes priced, maturing May 15, 2028.
Altice USA names Marc Sirota CFO effective March 1, 2023; Michael Grau transitions to advisor
Michael Grau to step down as CFO effective March 1, 2023; will serve as Senior Advisor to CEO until July 3, 2023, then consultant through March 31, 2024.
Altice USA Q4 revenue down 6% to $2.37B; net loss $193M; broadband subs decline 103k in FY 2022
Q4 revenue $2.37B (-6% YoY); net loss $193M vs profit $252M in Q4 2021; diluted EPS -$0.43.
Altice USA subsidiary CSC Holdings enters $2B debt refinancing, extends maturities to 2028
CSC Holdings, LLC (Altice USA subsidiary) entered Thirteenth Amendment to Credit Agreement on Dec 19, 2022.
Altice USA Q3 revenue down 7% to $2.39B; net income falls to $85M from $267M
Q3 revenue $2.39B (-7.0% YoY); net income $85M ($0.19 diluted EPS) vs $267M ($0.58) in Q3 2021.
Altice USA CEO Dexter Goei steps down; Dennis Mathew appointed effective Oct 3, 2022
Dennis Mathew appointed CEO effective Oct 3; previously SVP at Comcast leading Freedom Region.
Altice USA Q2 revenue down 2.1% to $2.46B, net income falls 46%, fiber passings reach 1.59M
Net income $106.2M ($0.23 diluted EPS) vs $197.7M ($0.43) Q2 2021; Adjusted EBITDA $1.01B (-8.8%).
Altice USA subsidiary CSC Holdings enters $2.325B revolving credit facility extension to 2027
New 2022 Extended Revolving Credit Commitments of $2,325 million mature July 13, 2027 (or earlier if March 2017 term loans outstanding).
On July 15, 2023, Mr. Alexandre Fonseca resigned from the Board of Directors (the “Board”) of the Altice USA, Inc. (the “Company”).
The Board elected Mr. Mathew as Chairman of the Board.
On May 4, 2023, Michael E. Olsen, Executive Vice President, General Counsel of Altice USA, Inc. (the “Company”), was promoted to become the Company’s General Counsel & Chief Corporate Responsibility Officer.
The Board also accepted the resignation of Mr. Gerrit Jan Bakker from the Board, effective March 22, 2023.
Mr. Alexandre Fonseca was appointed as a director on March 22, 2023.
Altice USA, Inc. (the “Company”) has determined to transition the role of Chairman of the Board of Directors of the Company (the “Board”) from Mr. Dexter Goei to Mr. Alexandre Fonseca, effective March 22, 2023.
Marc Sirota will be appointed as the Company’s new CFO.
Effective March, 1, 2023, Michael Grau, the Chief Financial Officer (“CFO”) of Altice USA, Inc. (the “Company”) will cease his service as CFO
On September 30, 2022, Maria Bruzzese assumed the role of Chief Accounting Officer of Altice USA, Inc.
mutually agreed to Mr. Goei’s resignation from his role as CEO
The Board also approved the appointment of Mr. Goei to the role of Executive Chairman of the Board
the appointment of Dennis Mathew as the Company’s new CEO, effective on October 3, 2022
Max materiality 0.90 · Median 0.65 · Most common event earnings