Optimum Q2 net loss widens to $291.8 million; revenue falls 5.8% to $2.02 billion - OPTU News | RalliesOptimum Q2 net loss widens to $291.8 million; revenue falls 5.8% to $2.02 billion
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OPTU• Q2 results and operating metrics
- 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.
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