TDS: Q2 Earnings Snapshot
By AP News
Published - Aug 02, 2024, 08:04 AM ET
Last Updated - Aug 02, 2024, 08:04 AM EDT
CHICAGO (AP) — CHICAGO (AP) — Telephone & Data Systems Inc. (TDS) on Friday reported second-quarter profit of $3 million.
On a per-share basis, the Chicago-based company said it had net loss of 13 cents.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 16 cents per share.
The parent of U.S. Cellular and TDS Telecom posted revenue of $1.24 billion in the period, which matched Street forecasts.
