OPTIMUM COMMUNICATIONS INC CLASS A (OPTU)
Communication · Broadband and cable communications services · NYSE
A cable and fiber broadband provider with 4.3 million customers across 21 states, struggling with customer losses and debt burden despite investments in next-generation FTTH infrastructure.
What OPTIMUM COMMUNICATIONS INC CLASS A does
Optimum Communications is one of the largest broadband communications and video services providers in the United States, delivering high-speed broadband, video, mobile, and advertising services to approximately 4.3 million residential and business customers across 21 states, primarily in the New York metropolitan area and south-central markets. The company operates a fiber-rich hybrid-fiber coaxial (HFC) network and fiber-to-the-home (FTTH) network with approximately 10.0 million total passings, offering up to 8 Gbps symmetrical speeds in FTTH footprint. It also provides enterprise-grade fiber connectivity and managed services to hyperscaler customers, as well as news programming and advertising services.
Themes: ["broadband and connectivity","video services / pay-TV","mobile services","fiber-to-the-home (FTTH) deployment","enterprise / hyperscaler connectivity","advertising / content distribution"]
Fundamentals
- Price$1.23 as of 2026-07-09 close
- Market cap$517M as of 2026-07-10
- 1-year return-53.8% as of 2026-07-09 close
- Net margin-55.0% as of 2026-07-10
- Gross margin+69.5% as of 2026-07-10
- ROE+7.1% as of 2026-07-10
- Debt / equity34.22 as of 2026-07-10
- Revenue growth (YoY)-4.0% as of 2026-07-10
- Revenue CAGR (3y)-3.8% SEC XBRL
- Beta1.14 as of 2026-07-10
Key risks (from latest filing)
["Declining customer base: residential customer relationships decreased from 4.7 million in 2023 to 4.3 million in 2025, indicating ongoing churn in core broadband, video, and telephony segments","Significant accumulated losses and negative profitability: net loss attributable to stockholders of $1.87 billion in 2025 with negative 55% net margin as of Q1 2026, creating solvency concerns","High debt burden: long-term debt of $26.4 billion as of Q1 2026 substantially exceeds total stockholders' equity (negative $5.2 billion), limiting financial flexibility"]
Competitors & peers
- Comcast Corporation (CMCSA)
- Charter Communications (CHTR)
- Cox Communications
- Verizon Communications (VZ)
- AT&T (T)
- Frontier Communications (FTTR)
- Consolidated Communications
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.