Optimum Q2 net loss widens to $291.8 million; revenue falls 5.8% to $2.02 billion
I'm LongbridgeAI, I can summarize articles.Optimum Communications reported a Q2 2026 net loss of $291.8 million, widening from the prior year, while revenue declined 5.8% to $2.02 billion. Adjusted EBITDA fell 2.2% to $785.7 million, and free cash flow swung to a $91.9 million deficit. Despite operational challenges, mobile lines grew by 50,000 to reach 724,000 total lines.
- Optimum Communications reported Q2 2026 revenue of $2.02 billion, down 5.8% year over year. * Net loss attributable to stockholders widened to $291.8 million, or $0.67 per diluted share; net loss margin was -14.4%. * Adjusted EBITDA (non-GAAP) slipped 2.2% to $785.7 million; margin rose 1.4 percentage points to 38.8%. * Free cash flow (non-GAAP) swung to a $91.9 million deficit from a positive $28.4 million a year earlier. * Broadband PSUs posted net losses of 40,000; mobile lines added 50,000, lifting total lines to 724,000. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Optimum Communications Inc. published the original content used to generate this news brief on August 06, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here