Optimum Communications Inc Class A (OPTU)
NYSE:OPTU
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Earnings Data
Report Date
Aug 05, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
-0.15Last Year’s EPS
-0.21Same Quarter Last Year
Moderate Sell
Based on 7 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Negative
The call highlighted clear operational improvements: margin expansion, material cost reductions, strong mobile growth and meaningful progress in video economics and convergence. However, these positives are offset by ongoing top-line pressure (revenue down ~4%), substantial broadband subscriber losses, a large noncash impairment leading to a ~$2.9B net loss, and an elevated leverage profile (7.5x) with upcoming maturities. Management articulated a coherent strategy (pricing simplification, convergence focus, AI/automation, targeted capex) and provided liquidity and financing actions, but the near-term outlook still anticipates mid-single-digit revenue declines and low- to mid-single-digit EBITDA declines. On balance, the lowlights (persistent subscriber declines, revenue headwinds, high leverage and the large impairment) outweigh the operational and margin positives.Company Guidance
Revenue and EBITDA Scale
Total revenue of ~$2.1 billion with adjusted EBITDA of $789 million, demonstrating continued scale despite pressure; adjusted EBITDA margin expanded 110 bps to 38.2%.
Margin Expansion and Cost Discipline
Gross margin improved to 69.4% (+60 bps YoY). Programming and direct costs declined ~6% YoY (programming costs down ~13% YoY). Other operating expenses (ex-SBC) down ~5% YoY; salary costs down >13% YoY. Operational improvements: call volumes -23%, 39% fewer truck rolls and 16% fewer service visits.
Strong Mobile Performance and Convergence Momentum
Mobile added 52,000 net lines (best quarter in ~6 years), mobile lines reached 674,000 (mobile lines +33% YoY). Mobile penetration in broadband base ~9%; mobile churn improved >790 bps (annualized). Introduction of convergence ARPU ($79.32) which grew 1.2% YoY, reflecting multi-product attach progress.
Video Economics Improving
Residential video gross margin materially improved (management cited ~350 bps YoY expansion and ~1,000 bps expansion over three years: ~14% in Q1 '23 to ~24% in Q1 '26). New simplified video tiers adoption rose from 6% (Q1 '25) to 17% (Q1 '26) and these tiers show >20% lower churn vs legacy packages.
Lightpath and B2B Growth
Business services/Lightpath revenue grew >8% YoY, with Lightpath adjusted EBITDA growth ~10%. Lightpath closed ~$1.7B ABS financing to extend maturity and support hyperscale contracts.
Network Expansion and Product Mix
Added 190,000 total passings over last 12 months (10 million total passings; 3.1 million fiber passings). Fiber customers reached 729,000 (+20% YoY) with 13,000 fiber customer adds in Q1. The share of customers taking 1 Gbps+ rose to ~47% (from 37% a year ago, 21% in 2023).
Liquidity and Balance Sheet Actions
Ended Q1 with ~$1.3 billion of liquidity. Completed a $1.1 billion refinancing of asset-backed loan facility and Lightpath ABS (~$1.7B) to extend maturities; 81% of debt fixed; weighted average cost of debt 6.8%.
Product & Go-to-Market Simplification Showing Early Gains
Simplified national pricing and offers, focus on value-added attach (Whole Home WiFi, Total Care, mobile, new video tiers). Early indicators: moderating decline in gross adds, improved sales channel yield, relatively stable gross add ARPU and higher conversion in inbound/retail channels.
Optimum Communications Inc Class A (OPTU) Earnings, Revenues Date & History
OPTU Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
OPTU Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 07, 2026 | $1.38 | $1.18 | -14.49% |
Feb 12, 2026 | $1.62 | $1.68 | +3.70% |
Nov 06, 2025 | $2.15 | $2.07 | -3.72% |
Jul 16, 2025 | $2.68 | $2.67 | -0.37% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Optimum Communications Inc Class A (OPTU) report earnings?
Optimum Communications Inc Class A (OPTU) is schdueled to report earning on Aug 05, 2026, After Close (Confirmed).
What is Optimum Communications Inc Class A (OPTU) earnings time?
Optimum Communications Inc Class A (OPTU) earnings time is at Aug 05, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is OPTU EPS forecast?
OPTU EPS forecast for the fiscal quarter 2026 (Q2) is -0.15.