TDS Q2 2022 Earnings Report
Key Takeaways
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.
UScellular is vigorously enhancing its network.
TDS Telecom is executing on its strategy to drive residential broadband growth.
UScellular's higher ARPU contributed to service revenue growth.
TDS Telecom actively deploys fiber, generating strong growth in residential broadband revenue.
TDS
TDS
TDS Revenue by Segment
Forward Guidance
TDS’ current estimates of full-year 2022 results for UScellular and TDS Telecom are shown below. Such estimates represent management’s view as of August 4, 2022 and should not be assumed to be current as of any future date. TDS undertakes no duty to update such estimates, whether as a result of new information, future events, or otherwise. There can be no assurance that final results will not differ materially from estimated results.
Revenue & Expenses
Visualization of income flow from segment revenue to net income