TDS Q3 2022 Earnings Report
Key Takeaways
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.
UScellular's 5G and network modernization programs are on track.
TDS Telecom is expanding its broadband business.
UScellular experienced strong ARPU growth.
TDS Telecom's fiber investments are driving revenue and broadband connection growth.
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TDS Revenue by Segment
Forward Guidance
TDS provided estimates for full-year 2022 results for UScellular and TDS Telecom.
Revenue & Expenses
Visualization of income flow from segment revenue to net income