TDS Earnings Reports

TDS reported a 6% decline in total operating revenue for Q4 2024, reaching $1.24 billion. The company reported a net loss of $11 million, a significant improvement from the $523 million loss in Q4 2023. Operating income was positive at $37 million, driven by improved results from TDS Telecom, while UScellular faced continued challenges.

TDS reported Q3 2024 results with total operating revenues of $1,224 million, a decrease from $1,278 million in the same period last year. The company experienced a net loss attributable to TDS common shareholders of $(83) million, compared to a loss of $(17) million in the prior year. However, TDS Telecom saw a 2% increase in operating revenues and reached a milestone of 50% of service addresses now served with fiber.

TDS reported total operating revenues of $1,238 million for the second quarter of 2024, a decrease compared to $1,267 million for the same period one year ago. Net loss attributable to TDS common shareholders was $(14) million, with a diluted loss per share of $(0.13). TDS Telecom reported revenue growth and profitability improvements driven by broadband investments, while UScellular focused on balancing subscriber growth with financial discipline.

TDS reported a decrease in total operating revenues to $1,262 million, compared to $1,303 million in the same period last year. Net income attributable to TDS common shareholders was $12 million, a significant improvement from the $(9) million loss in the prior year. UScellular showed improvements in profitability with increased postpaid ARPU and reduced churn, while TDS Telecom saw strong growth in revenue and profitability driven by broadband investments.

TDS reported Q4 2023 total operating revenues of $1,313 million, compared to $1,357 million for the same period last year. Net loss attributable to TDS common shareholders was $(523) million, or $(4.64) per share, compared to $(43) million, or $(0.38) per share, in the same period last year. Excluding a non-cash goodwill impairment charge, net loss was $(12) million, or $(0.11) per share.

TDS reported a decrease in total operating revenues to $1,278 million compared to $1,392 million in the same period last year. Net loss attributable to TDS common shareholders was $(17) million, an improvement from $(25) million year-over-year. UScellular saw growth in postpaid ARPU and fixed wireless customers, while TDS Telecom increased its fiber address goal due to better-than-expected delivery results.

TDS reported a decrease in total operating revenues to $1,267 million, compared to $1,349 million in the same period last year. Net loss attributable to TDS common shareholders was $(19) million, or $(0.17) per share, compared to a net income of $18 million, or $0.15 per share, in the prior year. UScellular focused on improving subscriber trajectory and executing growth initiatives, while TDS Telecom saw growth in residential broadband connections and revenue.

TDS reported total operating revenues of $1,303 million for the first quarter of 2023, compared to $1,315 million for the same period one year ago. Net loss attributable to TDS common shareholders was $(9) million, or $(0.08) per share, compared to net income of $44 million, or $0.37 per share, in the same period one year ago. The company is focused on long-term strategic goals, with UScellular investing in network advancements and TDS Telecom deploying fiber in expansion markets.

TDS reported total operating revenues of $1,357 million for the fourth quarter of 2022, compared to $1,372 million for the same period one year ago. Net loss attributable to TDS common shareholders was $(43) million, or $(0.38) per share, compared to a net income of $14 million, or $0.11 per share, in the same period one year ago.

TDS reported Q3 2022 results with total operating revenues of $1,392 million, a 5% increase compared to the same period last year. However, net loss attributable to TDS common shareholders was $(25) million, or $(0.22) per share, compared to a net income of $28 million, or $0.24 per share, in the same period last year. Profitability was impacted by investments in growth initiatives.

TDS reported total operating revenues of $1,349 million for the second quarter of 2022, versus $1,311 million for the same period one year ago. Net income attributable to TDS common shareholders and related diluted earnings per share were $18 million and $0.15, respectively, for the second quarter of 2022 compared to $20 million and $0.17, respectively, in the same period one year ago.

TDS reported total operating revenues of $1,315 million for the first quarter of 2022, a slight decrease from $1,318 million in the same period last year. Net income attributable to TDS common shareholders was $44 million, or $0.37 per share, compared to $57 million, or $0.48 per share, in the prior year. TDS Telecom saw growth in residential broadband connections and revenue, while UScellular focused on growth areas like prepaid and fixed wireless.

TDS reported total operating revenues of $1,372 million for the fourth quarter of 2021, a slight decrease compared to $1,376 million for the same period one year ago. Net income attributable to TDS common shareholders remained flat at $14 million, with diluted earnings per share decreasing slightly from $0.12 to $0.11. The company is executing its strategic priorities, with UScellular focusing on growth areas and TDS Telecom expanding its broadband business.

TDS reported total operating revenues of $1,328 million for the third quarter of 2021, compared to $1,324 million for the same period one year ago. Net income attributable to TDS common shareholders was $28 million, or $0.24 per share, compared to $78 million, or $0.66 per share, in the same period one year ago. TDS Telecom achieved excellent growth in broadband connections, which helped drive higher operating revenues for the quarter.

TDS reported total operating revenues of $1,311 million for the second quarter of 2021, compared to $1,263 million for the same period one year ago. Net income attributable to TDS common shareholders was $20 million, or $0.17 per share, compared to $65 million, or $0.56 per share, in the same period one year ago.

TDS reported total operating revenues of $1,318 million for the first quarter of 2021, compared to $1,261 million for the same period one year ago. Net income attributable to TDS common shareholders was $57 million, or $0.48 per share, compared to $69 million, or $0.59 per share, in the same period one year ago. UScellular increased service revenues and TDS Telecom achieved excellent growth in residential customer connections.

TDS reported total operating revenues of $1,376 million for the fourth quarter of 2020, compared to $1,336 million for the same period one year ago. Net income attributable to TDS shareholders was $14 million, or $0.12 per diluted share, for the fourth quarter of 2020, compared to $12 million, or $0.10 per diluted share, in the same period one year ago.

TDS reported total operating revenues of $1,324 million for the third quarter of 2020, versus $1,321 million for the same period one year ago. Net income attributable to TDS shareholders and related diluted earnings per share were $78 million and $0.66, respectively.

TDS reported total operating revenues of $1,263 million for the second quarter of 2020, compared to $1,261 million for the same period one year ago. Net income attributable to TDS shareholders was $65 million, and diluted earnings per share were $0.56 for the second quarter of 2020, compared to $33 million and $0.28, respectively, in the same period one year ago.

TDS reported total operating revenues of $1,261 million for the first quarter of 2020, compared to $1,257 million for the same period one year ago. Net income attributable to TDS shareholders was $69 million, or $0.59 per share, compared to $59 million, or $0.50 per share, in the same period last year. The company is continuing to provide critical communications and data services during the COVID-19 pandemic, with U.S. Cellular and TDS Telecom meeting increased demands for capacity and higher speeds.

TDS reported Q4 2019 total operating revenues of $1,336 million, compared to $1,332 million for the same period one year ago. Net income attributable to TDS shareholders was $12 million, or $0.10 per share, for the fourth quarter of 2019 compared to $16 million, or $0.14 per share, in the same period one year ago.