Optimum Communications, Inc., provides broadband communications and video services under the Optimum brand in the United States, Canada, Puerto Rico, and the Virgin Islands. The company is headquartered in Long Island City, New York.
| Revenue (TTM) | $8.50B |
| Gross Profit (TTM) | $5.91B |
| EBITDA | $3.25B |
| Operating Margin | 16.90% |
| Return on Equity | 0.00% |
| Return on Assets | 3.28% |
| Revenue/Share (TTM) | $18.11 |
| Book Value | $-10.92 |
| Price-to-Book | 28.76 |
| Price-to-Sales (TTM) | 0.05 |
| EV/Revenue | 3.068 |
| EV/EBITDA | 16.74 |
| Quarterly Earnings Growth (YoY) | 0.00% |
| Quarterly Revenue Growth (YoY) | -4.00% |
| Shares Outstanding | $282.66M |
| Float | $261.52M |
| % Insiders | 9.30% |
| % Institutions | 102.28% |
NEW YORK, July 08, 2026 (GLOBE NEWSWIRE) -- Lightpath today announced new fiber builds to support two hyperscale data center campuses now under construction, extending its AI-grade network to meet surging capacity demand driven by artificial intelligence. Each campus is planned to exceed one gigawatt of capacity.
NEW YORK--(BUSINESS WIRE)--CSC Investments II LLC, a Delaware limited liability company (“CSC Investments II”) and a wholly owned subsidiary of Optimum Communications, Inc. (NYSE: OPTU) (“Optimum”), today announced the final results of its tender offer, which expired at 5:00 p.m., New York City time, on June 30, 2026. Based on the final count by Equiniti Trust Company, LLC, the depositary for the tender offer (the “Depositary”), a total of 246,605,915 shares of Optimum's Class A Common Stock, p.
NEW YORK--(BUSINESS WIRE)--CSC Investments II LLC, a Delaware limited liability company (“CSC Investments II”), and a wholly owned subsidiary of Optimum Communications, Inc. (NYSE: OPTU) (“Optimum”), today announced the preliminary results of its tender offer, which expired at 5:00 p.m., New York City time, on June 30, 2026. Based on the preliminary count by Equiniti Trust Company, LLC, the depositary for the tender offer (the “Depositary”), a total of approximately 254,956,213 shares of Optimu.
Digital infrastructure and connectivity provider leverages Oracle Communications solutions and Oracle Fusion Cloud Applications to automate key business processes and improve time to market with new customer offers AUSTIN, Texas, June 17, 2026 /PRNewswire/ -- Lightpath is using Oracle Cloud Scale Billing to transform its business through faster service delivery, more agile monetization capabilities, and improved operational efficiency. With the solution, the company can now streamline complex billing processes for its diverse enterprise customers.
NEW YORK--(BUSINESS WIRE)--Optimum Communications, Inc. (NYSE: OPTU), a leading provider of fiber internet, mobile, and TV services, today announces it has surpassed 700,000 mobile lines, marking a significant milestone in the company's continued growth and momentum in the mobile market. The achievement underscores Optimum's focus on delivering simple, flexible, and affordable connectivity solutions at a time when consumers are facing rising costs across nearly every aspect of daily life. Accor.
NEW YORK--(BUSINESS WIRE)--CSC Investments II LLC, a Delaware limited liability company (“CSC Investments II”) and a wholly owned subsidiary of Optimum Communications, Inc. (NYSE: OPTU) (“Optimum”), today announced it has launched a tender offer to purchase up to 120,000,000 shares of Optimum's Class A Common Stock, par value $0.01 per share (the “Class A Common Stock”). The consideration for each share of Class A Common Stock tendered and accepted for purchase pursuant to the tender offer will.
LONG ISLAND CITY, N.Y.--(BUSINESS WIRE)--Optimum Communications, Inc. (NYSE: OPTU) (“Optimum” and, together with its subsidiaries, the “Company”) today announced a series of transactions designed to protect and maximize stakeholder value (collectively, the “Transactions”) and position the Company for anticipated discussions with an investor group holding funded debt obligations of its wholly owned indirect subsidiary, CSC Holdings, LLC (“CSC Holdings”). The Transactions include: an internal reo.
There is a principle I have followed for 30 years in this business. When the smartest credit team on the planet starts aggressively buying a beaten-down asset class they understand better than anyone alive, you do not sit on your hands and debate whether the timing is perfect.
NEW YORK, May 19, 2026 (GLOBE NEWSWIRE) -- Lightpath , a 100% fiber infrastructure company operating 12,100 route miles of AI-grade networks across 11 U.S. metro markets, today announced a major network expansion supporting deployments for leading national wireless service providers. The project spans more than 2,400 macro cell tower locations across CT, MA, NY, NJ.
Optimum Communications NYSE: OPTU reported lower first-quarter revenue and a large net loss tied to a non-cash impairment charge, while executives said the company is leaning on simplified pricing, mobile growth, cost controls and balance-sheet actions to navigate an increasingly competitive broadband market.
