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Dec 31, 2024
TDS Q4 2024 Earnings Report
TDS reported a decline in revenue and a reduced net loss for Q4 2024.
Key Takeaways
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.
Total operating revenue declined 6% year-over-year to $1.24 billion.
Net loss improved significantly to $11 million from $523 million in Q4 2023.
Operating income reached $37 million, compared to a loss of $524 million last year.
UScellular's challenges continued, while TDS Telecom saw growth in fiber broadband services.
Revenue by Segment
Forward Guidance
TDS is focused on continuing its fiber expansion and preparing for the expected sale of UScellular's wireless operations to T-Mobile.
Positive Outlook
- TDS Telecom exceeded its fiber address expansion goals for 2024.
- Company plans to add 150,000 new fiber service addresses in 2025.
- Continued investment in broadband infrastructure to drive long-term growth.
- Improved operational efficiency leading to positive operating income.
- UScellular progressing towards the sale of its wireless operations.
Challenges Ahead
- Revenue declined 6% year-over-year.
- Net loss, while improved, remains a concern at $11 million.
- UScellular's financial performance remains weak with declining revenue.
- Continued capital expenditures required for network expansion.
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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