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Sep 30, 2024
TDS Q3 2024 Earnings Report
TDS reported a net loss but saw growth in TDS Telecom residential revenue and reached a fiber milestone.
Key Takeaways
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.
UScellular announced the sale of select spectrum assets to Verizon for $1 billion in October 2024.
TDS Telecom reached a milestone of 50% of service addresses now served with fiber.
UScellular's postpaid handset net losses improved year-over-year.
TDS Telecom's residential revenue grew 5% due to broadband investments.
Revenue by Segment
Forward Guidance
TDS provided estimates for full-year 2024 results for UScellular and TDS Telecom, noting that these estimates represent management's view as of November 1, 2024, and should not be assumed to be current as of any future date.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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