Optimum Communications Inc Class A
OPTU: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|!QwK$B | LOCK|bH | LOCK|%cb |
Optimum Earnings: A Solid Jump in Profits Today Could Hurt the Business Tomorrow
Customer losses continued to worsen at Optimum during the fourth quarter, with 67,000 net losses the worst on record. On the positive side, revenue declined only 2%—far better than the 4%-5% slide over the first three quarters. Cost discipline drove a 7% increase in EBITDA versus the prior year.
