Altice USA stock gains 5.9 percent on media deal

Published on 09/25/2026 at 15:26 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Altice USA stock gained 5.9 percent on September 24, 2026, after a multiyear media agreement. Q2 revenue fell 5.8 percent to USD 2.024 billion.

ATUS, US02156K1034, Illustration mit AI erstellt.

Altice USA stock (ISIN US02156K1034) gained 5.9 percent in afternoon trading on September 24, 2026, after the company announced an expanded multiyear distribution agreement with A+E Global Media. The shares stood at USD 1.08 on the NYSE, giving the market reaction a clear contrast with the company's weaker second-quarter operating trend.

Media deal lifts the shares

According to Yahoo Finance on September 24, 2026, Optimum Communications renewed and expanded its multiyear distribution agreement with A+E Global Media. The agreement keeps A+E's full linear channel lineup available to Optimum TV subscribers across the company's 21-state footprint.

The agreement matters because programming disputes can increase cancellation and switching risks for cable operators, according to the same Yahoo Finance report. The stock move was therefore tied to a concrete customer-retention issue rather than a broad market measure.

Revenue pressure remains visible

Optimum Communications, the company formerly known as Altice USA, reported USD 2.024 billion of revenue for Q2 2026, down 5.8 percent from USD 2.147 billion a year earlier, according to Ground News. The same report said residential video customers declined by 44,100 in the quarter after a 57,700 loss in Q1, bringing the first-half decline to 101,800 customers.

The revenue comparison puts the media agreement in perspective. It adds programming stability while broadband and pay television pressure continues to weigh on the latest reported quarter.

Stock stays below its yearly high

At USD 1.08 on September 24, 2026, the shares were down 37.5 percent since the start of the year and 60 percent below the 52-week high of USD 2.69, based on Yahoo Finance. The investor-relations page identifies the listed company as Optimum Communications, Inc. and the current ticker as OPTU, while its Q2 2026 report covers the quarter ended June 30, 2026.