Altice Usa, INC

Market Movers (8-K)

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Optimum Communications, Inc. has expanded its Board of Directors and established a Special Committee to evaluate strategic and financial transactions, including potential conflicts of interest.
Capital raise
Optimum Communications announced a restatement of its 2025 annual and 2025/2026 quarterly financial statements due to errors in recognizing deferred tax benefits, leading to a material weakness in internal controls.
Worse than expected
Optimum Communications announced its second quarter 2026 financial results, reporting a year-over-year revenue decrease of 5.8% to $2.02 billion and a net loss of $291.8 million.
Worse than expected
Capital raise
Optimum Communications, Inc. announced the entry into a Second Amended and Restated Credit Agreement, securing an additional $250 million in incremental term loan commitments.
Capital raise
Optimum Communications, Inc. successfully concluded its 2026 Annual Meeting, confirming the re-election of its Board of Directors and the appointment of KPMG LLP as auditors.
Optimum Communications announces a series of transactions to protect stakeholder value and position the company for debt restructuring discussions, including forming a new subsidiary, raising capital, and launching a tender offer for common stock.
Capital raise

Quarterly Earnings (10-Q)

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Optimum Communications reports significant impairments and a substantial net loss for the nine months ended September 30, 2026, raising going concern doubts, though mobile services show growth.
Capital raise
Worse than expected
Optimum Communications, Inc. has amended its Q2 2026 filing to restate prior financial statements due to an accounting error related to income taxes and disclosed a material weakness in internal controls.
Capital raise
Worse than expected
Optimum Communications, Inc. has amended its Q1 2026 report to restate financial statements due to an accounting error in income taxes, revealing a material weakness in internal controls and raising substantial doubt about its ability to continue as a going concern.
Capital raise
Worse than expected
Optimum Communications, Inc. reported a net loss and highlighted substantial debt maturities in its latest SEC filing, raising significant concerns about its ability to continue as a going concern.
Worse than expected
Capital raise
Optimum Communications reports a $2.88 billion net loss for Q1 2026, driven by a $2.7 billion non-cash impairment charge on cable franchise rights.
Worse than expected
Capital raise
Optimum Communications, formerly Altice USA, reported a significant net loss in the third quarter of 2025, primarily driven by a substantial impairment charge on cable franchise rights, despite growth in mobile services.
Worse than expected
Capital raise

Annual Reports (10-K)

Optimum Communications, Inc. has amended its 2025 annual report to restate financial statements due to accounting errors for deferred tax benefits, revealing a material weakness in internal controls and raising substantial doubt about its ability to continue as a going concern.
Worse than expected
Capital raise
Optimum Communications reports a significant net loss and negative free cash flow for 2025, coupled with substantial debt maturities in 2027 that raise 'going concern' doubts.
Delay expected
Worse than expected
Capital raise
Altice USA's 2024 annual report reveals a decrease in revenue and net loss, with a strategic emphasis on expanding its FTTH network and mobile services to enhance customer experience.
Worse than expected
Delay expected
Capital raise
Altice USA has filed an amendment to its annual report to correct a minor error in the auditor's report for its subsidiary, CSC Holdings, with no changes to the financial statements.
Altice USA's 2023 annual report reveals a decrease in revenue and adjusted EBITDA, alongside strategic investments in fiber and mobile services.
Worse than expected
Capital raise

Insider Trading (Form 4)

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Dennis Mathew, Chairman and CEO and a Director of Altice USA, Inc., reported a transaction in 220,043 shares of common stock on October 26, 2026.
Neil S Subin and 3 others reported changes in beneficial ownership of Altice USA, Inc. common stock on October 22, 2026.
Neil S Subin and 3 others reported changes in beneficial ownership of Altice USA, Inc. common stock on July 29, 2026.
Neil S Subin and 1 other reported changes in beneficial ownership of Altice USA, Inc. common stock on July 29, 2026.
Michael Olsen, General Counsel and CCRO of Altice USA, Inc., sold 20,000 shares of common stock on August 3, 2026 for $0.74 per share.
Michael Olsen, General Counsel and CCRO of Optimum Communications, Inc., reported transactions involving Class A common stock, including tax withholdings and sales under a Rule 10b5-1 plan.

Proxy Statements (Def-14A)

Optimum Communications, Inc. has released its 2026 proxy statement detailing director elections, executive compensation, and governance practices.
Worse than expected
Capital raise
Altice USA, Inc. has filed a definitive proxy statement with the SEC.
Altice USA's proxy statement details proposals for the 2025 annual meeting, including officer exculpation, director elections, executive compensation, and auditor ratification.
Altice USA has filed a proxy statement with the Securities and Exchange Commission.
Altice USA will hold its annual stockholder meeting virtually on June 12, 2024, to elect directors and ratify the appointment of its independent auditor.

Schedule 13G - Passive Investments

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Deutsche Bank AG and its subsidiary Deutsche Bank Securities Inc. have reported a 5.5% beneficial ownership of Optimum Communications, Inc.'s Class A Common Stock as of September 30, 2026.
A Schedule 13G filing details a significant beneficial ownership stake in Optimum Communications, Inc. by Dark Mirage, LP, managed by MILFAM LLC and its principal Neil S. Subin.
A Schedule 13G/A filing reveals a significant change in beneficial ownership for Optimum Communications, Inc., with Dark Mirage, LP now holding 11.9% of Class A Common Stock.
Kite Lake Capital Management and its affiliates have updated their beneficial ownership of Optimum Communications, Inc. Class A Common Stock, now holding 6.8% of the outstanding shares.
Deutsche Bank AG and its subsidiary Deutsche Bank Securities Inc. have amended their Schedule 13G filing to report beneficial ownership of 19,465,329 shares, representing 6.9% of Optimum Communications, Inc.'s Class A Common Stock.
Kite Lake Capital Management and its affiliates have reported beneficial ownership of 9,541,544 shares of Optimum Communications, Inc. Class A Common Stock, representing 3.3% of the class.