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OPTU
NYSECommunication Services
$1.29
USD
+0.04(+3.20%)
At close: Jun 12, 20:00 UTC

Open

$1.29

Prev. Close

$1.29

High

$1.30

Low

$1.28

Market Snapshot

Market Cap

$606.89M

P/E Ratio

-0.1

EPS

-0.22

Revenue

$8.95B

About

Optimum Communications, Inc. engages in the provision of broadband, pay television, telephony services, proprietary content, and advertising services. The company is headquartered in Long Island City, New York and currently employs 9,500 full-time employees. The company went IPO on 2017-06-22. The firm operates Optimum Media, an advanced advertising and data business, which provides audience-based, multiscreen advertising solutions to local, regional and national businesses and advertising clients. Its footprint extends across various states (primarily in the New York metropolitan area and various markets in the south-central United States) through a fiber-rich hybrid-fiber coaxial (HFC) broadband network and a fiber-to-the-home (FTTH) network. The firm also operates News 12, which is focused on delivering hyperlocal news content, covering communities throughout Long Island, the Bronx, Brooklyn, Westchester, Hudson Valley, Connecticut and New Jersey.

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