Altice USA is a publicly owned company headquartered in the US. Founded in 2016, the company employs approximately 8,900 individuals and reported $8.6B in revenue as of 2025. Functioning as a telecommunications and media company, Altice USA specializes in providing broadband access services, digital advertising solutions, pay television, and telephony services to both residential and business customers.
On August 8, 2026, Optimum Communications, an Altice USA entity, reported Q2 2026 revenue of $2 billion and adjusted EBITDA of $786 million. The company achieved an all-time high gross margin of 71% and saw its adjusted EBITDA margin expand 140 basis points to 38.8%, despite a revenue decline. Optimum added 50,000 mobile lines, its strongest second-quarter performance to date, concluding the period with 724,000 lines, marking a 33% increase from the prior year. This quarter's focus included simpler offers, an improved customer experience, and enhanced operational efficiency. Previously, on July 27, 2026, Altice USA Ord Shs Class A (OPTU) released detailed cash flow statements, outlining its cash and cash equivalents from operating, investing, and financing activities.
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