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United States Cellular Corporation Reports Net Income of $5 Million for the Second Quarter of 2023

United States Cellular Corporation Reports Net Income of $5 Million for the Second Quarter of 2023

Company's Total Revenue Declines to $957 Million in Q2 2023

By USInMinutes
Published - Aug 04, 2023, 11:06 AM ET
Last Updated - Aug 04, 2023, 11:07 AM EDT

United States Cellular Corporation (UZE) has released its unaudited consolidated financial results for the three and six months ended June 30, 2023. The report shows a net income of $5 million for the second quarter of 2023, compared to $22 million in the same period last year. Meanwhile, the total operating revenue for Q2 2023 amounted to $957 million, down from $1,027 million in Q2 2022.

Net Income for Q2 2023: $5 Million

The net income of United States Cellular Corporation for the second quarter of 2023 was reported at $5 million, representing a significant decline from the $22 million recorded in the second quarter of the previous year.

Total Revenue in Q2 2023: $957 Million

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