Optimum Communications

Q2 FY2026 EarningsQ2 FY26 results missed consensus on the top and bottom lines, with revenue of $2.02B slightly below the $2.04B expected and a GAAP EPS loss of $0.67, significantly wider than the projected $0.15 loss. The earnings miss was driven by a massive $2.7B non-cash impairment charge. Despite top-line pressure (Residential revenue down 6.7% YoY), gross margin outperformed at 71.0% vs. 67.2% expected, and Adjusted EBITDA margin expanded to 38.8% due to disciplined cost execution.