Optimum Communications Inc-A 2026年季度报告

FORM 10-Q (Mark One)☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period endedMarch 31, 2026 OR ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period fromto Commission File NumberRegistrant; State of Incorporation; Address and TelephoneNumberIRS Employer Identification No. 38-3980194 001-38126 Optimum Communications, Inc. Delaware1 Court Square WestLong Island City,New York11101(516) 803-2300 Securities registered pursuant to Section 12(b) of the Act: Title of each classTrading Symbol(s)Name of each exchange on which registeredClass A Common Stock, par value $0.01 per shareOPTUNYSE Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) ofthe Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrantwas required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.Yes☒ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required tobe submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (orfor such shorter period that the registrant was required to submit such files).Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smallerreporting company or an emerging growth company. See the definitions of "large accelerated filer", "accelerated filer", "smallerreporting company", and "emerging growth company" in Rule 12b-2 of the Exchange Act. Large Accelerated FilerNon-accelerated filer If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the ExchangeAct).Yes☐ Number of shares of common stock outstanding as of May 1, 2026 OPTIMUM COMMUNICATIONS, INC. AND SUBSIDIARIESFORM 10-QTABLE OF CONTENTS PART I. FINANCIAL INFORMATION Item 1. Financial StatementsOPTIMUM COMMUNICATIONS, INC. AND SUBSIDIARIESConsolidated Financial StatementsConsolidated Balance Sheets - March31, 2026 (Unaudited) and December 31, 2025Consolidated Statements of Operations - Three months ended March31, 2026 and 2025 (Unaudited)Consolidated Statements of Comprehensive Loss - Three months ended March31, 2026 and 2025(Unaudited)Consolidated Statements of Stockholders' Deficiency - Three months ended March31, 2026 and 2025(Unaudited)Consolidated Statements of Cash Flows - Three months ended March31, 2026 and 2025 (Unaudited)Combined Notes to Consolidated Financial Statements (Unaudited)Supplemental Financial Statements Furnished:CSC HOLDINGS, INC. AND SUBSIDIARIESConsolidated Financial StatementsConsolidated Balance Sheets - March31, 2026 (Unaudited) and December 31, 2025Consolidated Statements of Operations - Three months ended March31, 2026 and 2025 (Unaudited)Consolidated Statements of Comprehensive Loss - Three months ended March31, 2026 and 2025(Unaudited)Consolidated Statements of Member's Deficiency - Three months ended March31, 2026 and 2025(Unaudited)Consolidated Statements of Cash Flows - Three months ended March31, 2026 and 2025 (Unaudited)Combined Notes to Consolidated Financial Statements (Unaudited)Item 2. Management's Discussion and Analysis of Financial Condition and Results of OperationsItem 3. Quantitative and Qualitative Disclosures About Market RiskItem 4. Controls and Procedures PART II. OTHER INFORMATIONItem 1. Legal ProceedingsItem 1A. Risk FactorsItem 5. Other InformationItem 6. ExhibitsSIGNATURES March31, 2026(Unaudited)December 31, 2025 OPTIMUM COMMUNICATIONS, INC. AND SUBSIDIARIESCONSOLIDATED STATEMENTS OF OPERATIONS(In thousands, except per share amounts)(Unaudited) Three Months Ended March 31,20262025Revenue (including revenue from affiliates of $55 and $118, respectively) (See Note 13)$2,065,368$2,152,282Operating expenses:Programming and other direct costs (including charges from affiliates of $1,149 and $1,598,respectively) (See Note13)631,129670,531Other operating expenses (including charges from affiliates of $12,948 and $12,922,respectively) (See Note 13)660,203698,186Restructuring, impairments and other operating items (See Note 7)2,727,62921,622Depreciation and amortization406,496418,4854,425,4571,808,824Operating income(2,360,089)343,458Other income (expense):Interest expense, net(457,819)(428,016)Gain on investments and sale of affiliate interests—5Gain (loss) on interest rate swap contracts, net2,398(1,719)Loss on extinguishment of debt and write-off of deferred financing costs(106,045)—Other expense, net(529)(963)(561,995)(430,693)Loss before inco