Optimum Communications, Inc.

Day range

$0.59 – $0.74

Open

$0.65

Prev close

$0.66

Volume

4.38M

Market cap

$251.59M

Shares out

272.57M

P/E

—

P/S

0.03

P/B

-0.05

P/FCF

—

ROE

87.8%

ROA

-17.3%

Debt/Equity

-4.86

Div yield

0.00%

As of Oct 23, 2026

• Financial restatementSep 21, 2026

  On September 16, 2026, the Audit Committee of the Board of Directors (the "Audit Committee") of the Company, in consultation with management, concluded that certain previously issued consolidated financial statements of the Company ... should no longer be relied upon because of errors in such financial statements related to understatements of deferred tax benefits and overstatements of a related deferred tax liability. Accordingly, the Company intends to restate these financial statements by amending its Annual Report on Form 10-K for the year ended December 31, 2025, along with the applicable quarterly reports on Form 10-Q.

• Listing deficiency noticeAug 14, 2026

  On August 13, 2026, Optimum Communications, Inc. (the "Company") received a notice (the "Notice") from the New York Stock Exchange (the "NYSE") indicating the Company is not in compliance with Section 802.01C of the NYSE Listed Company Manual because the average closing price of the Company's Class A common stock was less than $1.00 over a consecutive 30 trading-day period (the "Price Criteria").

• Credit facilityJul 6, 2026

  On July 6, 2026, Cablevision Litchfield, LLC and CSC Optimum Holdings, LLC, each an indirect wholly-owned subsidiary of Optimum Communications, Inc., as borrowers, entered into the Second Amended and Restated Credit Agreement with the guarantors party thereto, the lenders party thereto and JPMorgan Chase Bank, N.A., as administrative agent and collateral agent.

• Annual meeting resultsJun 12, 2026

  On June 10, 2026, Optimum Communications, Inc. (the "Company") held its 2026 Annual Meeting of Stockholders (the "Annual Meeting"). At the Annual Meeting, the Company's Class A and Class B stockholders voted together as a single class on the following proposals: (i) the election of Patrick Drahi, David Drahi, Dexter Goei, Dennis Mathew, Mark Mullen, Dennis Okhuijsen, Susan Schnabel, Charles Stewart and Raymond Svider to the Company's Board of Directors for one-year terms; and (ii) the ratification of the appointment of KPMG LLP as the Company's independent registered public accounting firm for the 2026 fiscal year.

• Tender offerJun 1, 2026

  On June 1, 2026, Optimum issued a press release announcing the commencement of a tender offer by Unsub Topco (the "Tender Offer") to purchase up to 120,000,000 of Optimum's Class A shares at a price per share of $2.50 (representing an aggregate purchase price of $300 million), to the seller in cash, less any applicable withholding taxes and without interest.

Days to cover

11.1

Short interest

26.53M

Avg volume

2.39M

As of Sep 30, 2026 · reported to FINRA twice monthly.

• Optimum selected as Japanese brewer Asahi’s training partner for SAP S/4HANA transformation initiative
  positiveGlobeNewswire Inc.· Mar 18, 2026