U.S. Cellular Q4 2022 Earnings Report
Key Takeaways
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.
Total operating revenues for Q4 2022 were $1,048 million, a decrease from $1,068 million in the same period last year.
Net loss attributable to UScellular shareholders for Q4 2022 was $(28) million, compared to net income of $27 million in Q4 2021.
Fixed wireless connections increased by over 50% during 2022.
Tower revenues grew by double-digit percentage points in 2022.
U.S. Cellular
U.S. Cellular
U.S. Cellular Revenue by Segment
Forward Guidance
UScellular’s current estimates of full-year 2023 results are shown below. Such estimates represent management’s view as of February 16, 2023 and should not be assumed to be current as of any future date.