Optimum Communications, Inc. (OPTU)

Optimum Communications missed on both the top and bottom line in the second fiscal quarter of 2026, based on preliminary results reported August 6, with EPS of -$0.67 versus the -$0.15 estimate and revenue of about $2.0 billion versus the $2.03 billion consensus, about -0.5%. Revenue fell 6% to about $2.0 billion from $2.15 billion a year ago, while gross profit reached about $1.4 billion and gross margin held near 71%; operating income came in at roughly $373 million with operating margin about 18%. Net income was a loss of about $291.8 million, down 203% from a loss of $96.3 million a year ago, and operating cash flow was about $228 million. Consensus for the next period calls for EPS of -$0.17 on revenue of $2.00 billion.