10:26 AM EST, 11/06/2025 (MT Newswires) -- Altice USA ( ATUS ) shares were down 3.7% in recent Thursday trading after the company reported wider loss and lower revenue in Q3, while announcing its name change to Optimum Communications.

The company posted a Q3 loss Thursday of $3.47 per diluted share, wider than a loss of $0.09 a year earlier.

Analysts polled by FactSet expected a loss of $0.06.

Revenue for the quarter ended Sept. 30 was $2.11 billion, down from $2.23 billion a year earlier.

Analysts surveyed by FactSet expected $2.13 billion.

Additionally, Altice USA ( ATUS ) said its corporate name change, effective Friday, is part of its ongoing transformation strategy.

Shares will begin trading under the new ticker "OPTU" on the New York Stock Exchange on Nov. 19, it added.

Price: 2.07, Change: -0.08, Percent Change: -3.72