Loading...
•
Sep 30, 2023
U.S. Cellular Q3 2023 Earnings Report
Reported an increase in net income and growth in key areas such as tower portfolio and fixed wireless services.
Key Takeaways
U.S. Cellular reported Q3 2023 results with a total operating revenue of $963 million, compared to $1,083 million in the same period last year. Net income attributable to UScellular shareholders was $23 million, or $0.26 per share, compared to a loss of $(12) million, or $(0.15) per share, in the same period last year.
Postpaid ARPU grew 2%.
Fixed Wireless customers grew 57% to 106,000.
Tower rental revenues grew 8%.
Net income, Adjusted OIBDA, Adjusted EBITDA up significantly.
U.S. Cellular
U.S. Cellular
U.S. Cellular Revenue by Segment
Revenue by Segment
Wireless Revenue
CapyFin.comTowers Revenue
CapyFin.com Forward Guidance
UScellular's current estimates of full-year 2023 results are shown below and represent management’s view as of November 3, 2023.
Revenue & Expenses
Visualization of income flow from segment revenue to net income