Altice Usa, INC
Market Movers (8-K)
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Altice Usa, INCOptimum 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
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Altice Usa, INCOptimum 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.
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Altice Usa, INCOptimum 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
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Altice Usa, INCOptimum Communications announced its first quarter 2026 financial results, reporting a net loss of $2.88 billion, largely due to a significant non-cash impairment charge.
Worse than expected
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Altice Usa, INCOptimum Communications announces the transition of EVP and General Counsel Michael E. Olsen to a new advisory role ahead of his 2027 retirement.
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Altice Usa, INCOptimum Communications, Inc. approved deferred cash awards for key executives and moved to quarterly bonus assessments as part of its 2026 long-term incentive program.
Quarterly Earnings (10-Q)
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Altice Usa, INCOptimum 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
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Altice Usa, INCOptimum 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
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Altice Usa, INCAltice USA reported a significant net loss and revenue decline in Q2 2025, driven by customer losses in core services, despite growth in mobile and fiber-to-the-home segments.
Capital raise
Worse than expected
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Altice Usa, INCAltice USA's Q1 2025 revenue decreased by $98.7 million year-over-year, primarily due to declines in residential video and broadband services.
Worse than expected
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Altice Usa, INCAltice USA's Q3 2024 results show a decrease in revenue and adjusted EBITDA compared to the same period last year, driven by declines in broadband and video subscribers.
Worse than expected
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Altice Usa, INCAltice USA's Q2 2024 results show a decrease in revenue and net income, alongside strategic debt management and ongoing network investments.
Worse than expected
Annual Reports (10-K)
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Altice Usa, INCOptimum 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
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Altice Usa, INCAltice 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
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Altice Usa, INCAltice 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.
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Altice Usa, INCAltice 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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Altice Usa, INCMichael 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.
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Altice Usa, INCDirector Dexter Goei contributed 2,610,400 shares of Optimum Communications Class A common stock to a subsidiary in exchange for preferred units.
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Altice Usa, INCOptimum Communications CFO Marc Sirota exchanged 296,000 shares of Class A common stock for 740 Preferred Units in a subsidiary.
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Altice Usa, INCOptimum Communications President Michael C. Parker exchanged 218,800 shares of Class A common stock for 547 Preferred Units in a subsidiary.
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Altice Usa, INCGeneral Counsel Michael Olsen reports a share contribution to a subsidiary and a planned sale of Class A common stock.
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Altice Usa, INCDirector Raymond Svider contributed 82,800 shares of Optimum Communications Class A common stock to a subsidiary in exchange for preferred units.
Proxy Statements (Def-14A)
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Altice Usa, INCOptimum Communications, Inc. has released its 2026 proxy statement detailing director elections, executive compensation, and governance practices.
Worse than expected
Capital raise
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Altice Usa, INCAltice USA's proxy statement details proposals for the 2025 annual meeting, including officer exculpation, director elections, executive compensation, and auditor ratification.
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Altice Usa, INCAltice USA has filed a proxy statement with the Securities and Exchange Commission.
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Altice Usa, INCAltice 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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Altice Usa, INCKite 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.
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Altice Usa, INCInvestment group Dark Mirage, LP and affiliates have reported a 5.4% beneficial ownership stake in Optimum Communications, Inc.
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Altice Usa, INCPatrick Drahi has filed a Schedule 13G detailing his beneficial ownership of Optimum Communications, Inc. Class A and Class B common stock, representing a significant stake.
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Altice Usa, INCMillennium Management LLC, Millennium Group Management LLC, and Israel A. Englander have jointly filed a Schedule 13G, reporting beneficial ownership of 9,523,665 shares of Optimum Communications, Inc. Class A Common Stock, representing 3.2% of the class.
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Altice Usa, INCDeutsche Bank AG and its subsidiary have reported a 5.2% beneficial ownership stake in Optimum Communications, Inc. via a Schedule 13G filing.
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Altice Usa, INCThe Vanguard Group has reported a 0% beneficial ownership in Optimum Communications Inc. following an internal organizational realignment.