Optimum Communications, Inc. (OPTU)
Optimum Communications, Inc. operates in the Telecommunications Services industry of the Communication Services sector, headquartered in Long Island City, NY, US. The stock last traded at $0.92, up 10.10% on the session, giving a market capitalisation of $432.3M. On trailing twelve-month figures it carries a trailing P/E of -0.09, a net margin of -58.1%. Its beta of 1.20 implies it has historically moved more than the broad market.
Optimum Communications, Inc. delivers a diverse range of services, encompassing high-speed internet, subscription television, and telephone connectivity. Additionally, the company produces its own digital content and offers various advertising solutions. Its broad portfolio of brands includes Optimum, Suddenlink, Optimum Mobile, Altice Business, News 12 Networks, Cheddar News, a4 Advertising, and i24 News. Patrick Drahi established the firm in 2001, and its primary headquarters are located in Long Island City, NY.