U.S. Cellular Earnings Reports

U.S. Cellular reported a 3% decline in total operating revenue for Q4 2024, reaching $970 million. Net income dropped significantly to $5 million, and GAAP EPS fell to $0.05. The company highlighted improvements in postpaid and prepaid customer retention, but challenges in revenue growth remain.

U.S. Cellular reported a decrease in total operating revenues to $922 million, compared to $963 million in the same period last year. The company experienced a net loss attributable to UScellular shareholders of $(79) million, or $(0.92) per share, compared to a net income of $23 million, or $0.26 per share, in the same period last year. Excluding a license impairment, net income was $23 million, or $0.26 per share.

U.S. Cellular reported total operating revenues of $927 million for the second quarter of 2024, compared to $957 million for the same period one year ago. Net income attributable to UScellular shareholders was $17 million, or $0.20 per share, compared to $5 million, or $0.05 per share, in the same period one year ago. The company announced the sale of its wireless operations and select spectrum assets and is reporting Wireless and Towers segments.

U.S. Cellular reported total operating revenues of $950 million for Q1 2024, compared to $986 million in the same period last year. Net income attributable to UScellular shareholders was $18 million, with diluted earnings per share of $0.20.

UScellular reported Q4 2023 total operating revenues of $1,000 million, compared to $1,048 million for the same period one year ago. Net income attributable to UScellular shareholders was $14 million, or $0.16 per share, compared to a loss of $(28) million, or $(0.33) per share, in the same period one year ago.

U.S. Cellular reported Q3 2023 results with a total operating revenue of $963 million, compared to $1,083 million in the same period last year. Net income attributable to UScellular shareholders was $23 million, or $0.26 per share, compared to a loss of $(12) million, or $(0.15) per share, in the same period last year.

U.S. Cellular reported a decrease in total operating revenues to $957 million for Q2 2023, compared to $1,027 million in the same period last year. Net income attributable to UScellular shareholders was $5 million, or $0.05 per share, down from $21 million, or $0.25 per share, in Q2 2022. The company saw growth in fixed wireless customers and tower rental revenues.

UScellular reported total operating revenues of $986 million for the first quarter of 2023, compared to $1,010 million for the same period one year ago. Net income attributable to UScellular shareholders was $13 million, or $0.15 per share, compared to $49 million, or $0.57 per share, in the same period one year ago.

U.S. Cellular reported total operating revenues of $1,048 million for the fourth quarter of 2022, compared to $1,068 million for the same period one year ago. Net loss attributable to UScellular shareholders was $(28) million, or $(0.33) per share, compared to net income of $27 million, or $0.31 per share, in the same period one year ago.

UScellular reported total operating revenues of $1,083 million for the third quarter of 2022, compared to $1,016 million for the same period one year ago. Net loss attributable to UScellular shareholders was $(12) million, or $(0.15) per share.

UScellular reported total operating revenues of $1,027 million for the second quarter of 2022, a slight increase from $1,014 million in the same period last year. Net income attributable to UScellular shareholders was $21 million, or $0.25 per share, compared to $35 million, or $0.39 per share, in the same period one year ago. The company is seeing momentum in fixed wireless and their tower portfolio.

UScellular reported total operating revenues of $1,010 million for the first quarter of 2022, versus $1,023 million for the same period one year ago. Net income attributable to UScellular shareholders and related diluted earnings per share were $49 million and $0.57, respectively, for the first quarter of 2022 compared to $60 million and $0.69, respectively, in the same period one year ago.

UScellular reported Q4 2021 total operating revenues of $1,068 million, compared to $1,073 million for the same period one year ago. Net income attributable to UScellular shareholders was $27 million, or $0.31 per diluted share, compared to $5 million, or $0.06 per diluted share, in the same period one year ago.

UScellular reported total operating revenues of $1,016 million for the third quarter of 2021, versus $1,027 million for the same period one year ago. Net income attributable to UScellular shareholders and related diluted earnings per share were $34 million and $0.38, respectively, for the third quarter of 2021 compared to $85 million and $0.97, respectively, in the same period one year ago.

U.S. Cellular reported total operating revenues of $1,014 million for the second quarter of 2021, versus $973 million for the same period one year ago. Net income attributable to UScellular shareholders and related diluted earnings per share were $35 million and $0.39, respectively.

UScellular reported strong first quarter 2021 results with total operating revenues of $1,023 million, compared to $963 million in the same period last year. Net income attributable to UScellular shareholders was $60 million, with diluted earnings per share of $0.69.

UScellular reported Q4 2020 total operating revenues of $1,073 million, compared to $1,052 million in the same period last year. Net income attributable to UScellular shareholders was $5 million ($0.06 per share) for Q4 2020, down from $18 million ($0.20 per share) in Q4 2019.

U.S. Cellular reported total operating revenues of $1,027 million for the third quarter of 2020, with net income attributable to UScellular shareholders of $85 million, or $0.97 per diluted share. The company experienced low churn, growth in retail net additions, and higher ARPU, leading to increased profitability and an increase in expectations for full-year financial results.

U.S. Cellular reported total operating revenues of $973 million for the second quarter of 2020, which is equal to the same period one year ago. Net income attributable to U.S. Cellular shareholders and related diluted earnings per share were $68 million and $0.78, respectively, for the second quarter of 2020 compared to $31 million and $0.35, respectively, in the same period one year ago.

U.S. Cellular reported total operating revenues of $963 million for the first quarter of 2020, slightly lower than the $966 million reported for the same period last year. Service revenues increased by 3% year-over-year, totaling $762 million. Net income attributable to U.S. Cellular shareholders was $71 million, or $0.81 per diluted share, compared to $54 million, or $0.62 per diluted share, in the same period one year ago.

U.S. Cellular reported total operating revenues of $1,052 million for the fourth quarter of 2019, a slight increase from $1,051 million in the same period last year. Net income attributable to U.S. Cellular shareholders was $18 million, with diluted earnings per share at $0.20. The company's Adjusted EBITDA reached $222 million, compared to $213 million in the same period last year.