ITTI(TDS)

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Telephone And Data Systems: The Good News Has Been Priced In
Seeking Alpha· 2025-06-05 19:48
Telephone and Data Systems, Inc. ’s (NYSE: TDS ) recent share price performance seems to be disconnected from the company’s actual operational performance, which tells me that investors are looking forward to when it gets a massive influx ofMSc in Finance. Long-term horizon investor mostly with 5-10 year horizon. I like to keep investing simple. I believe a portfolio should consist of a mix of growth, value, and dividend-paying stocks but usually end up looking for value more than anything. I also sell opti ...
TDS announces second quarter 2025 dividends
Prnewswire· 2025-05-22 20:05
CHICAGO, May 22, 2025 /PRNewswire/ -- The board of directors of Telephone and Data Systems, Inc. (NYSE: TDS), a leading provider of telecommunications services, has declared second quarter 2025 dividends on its Common Shares, Series A Common Shares, Series UU Preferred Shares and Series VV Preferred Shares. TDS is paying a quarterly dividend of $0.04 per Common Share and Series A Common Share payable on June 30, 2025, to holders of record on June 16, 2025. TDS is paying a quarterly dividend of $414.0625 per ...
TDS TO WEBCAST 2025 ANNUAL MEETINGS OF SHAREHOLDERS
Prnewswire· 2025-05-09 20:15
CHICAGO, May 9, 2025 /PRNewswire/ -- Telephone and Data Systems, Inc. [NYSE: TDS] is webcasting its 2025 Annual Meeting of Shareholders at 9:00 a.m. Central time on May 22, 2025.To listen to the meeting, please visit the Events & Presentations page of investors.tdsinc.com. The meeting will be webcast both live and on-demand. It is recommended that you register at least 15 minutes before the beginning of the meeting to register, download and install any necessary multimedia streaming software.About TDSTeleph ...
Telephone and Data Systems' Q1 Earnings Miss, Top Line Declines Y/Y
ZACKS· 2025-05-05 14:55
Telephone and Data Systems, Inc. (TDS) posted soft first-quarter 2025 results, with both top and bottom lines missing the respective Zacks Consensus Estimate. TDS reported a revenue decline year over year, owing to demand softness across all verticals. However, growth in residential broadband connections and U.S. postpaid handset connections partially cushioned the top line.Net Income of TDSThe company reported a net loss of $10 million or 9 cents per share against a net income of $12 million or 10 cents in ...
TDS (TDS) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2025-05-02 16:00
Financial Performance - For the quarter ended March 2025, Telephone & Data Systems (TDS) reported revenue of $1.15 billion, down 8.6% year-over-year [1] - EPS came in at -$0.09, compared to $0.10 in the year-ago quarter, representing a significant decline [1] - The reported revenue was a surprise of -3.24% compared to the Zacks Consensus Estimate of $1.19 billion, and the EPS surprise was -350.00% against the consensus estimate of -$0.02 [1] Key Metrics - US Cellular Postpaid ARPU was $52.06, slightly below the estimated $52.37 [4] - US Cellular Retail Connections Prepaid reported a net loss of 17 thousand, worse than the estimated loss of 13.5 thousand [4] - US Cellular Postpaid Churn rate was 1.2%, matching the average estimate [4] - Total Retail Connections Postpaid at the end of the period was 3.95 million, in line with the average estimate [4] Revenue Breakdown - Operating Revenues for U.S. Cellular were $891 million, below the average estimate of $923.79 million, reflecting a year-over-year change of -6.2% [4] - Operating Revenues for TDS Telecom were $257 million, slightly below the estimated $262.13 million, representing a -3.4% change year-over-year [4] - TDS Telecom Service- Wholesale revenues were $39 million, compared to the average estimate of $42.79 million, indicating an -11.4% year-over-year change [4] - TDS Telecom Service revenues were $256 million, below the estimated $261.09 million, with a -3.9% change year-over-year [4] - Operating Revenues from all other sources were $6 million, significantly below the estimated $10.03 million, representing an -87% change year-over-year [4] - TDS Telecom Service Residential - Wireline, Expansion revenues were $34 million, exceeding the average estimate of $32.20 million, with a year-over-year change of +30.8% [4] - TDS Telecom Service Residential - Cable revenues were $64 million, slightly below the estimated $64.63 million, reflecting an -8.6% change year-over-year [4] - U.S. Cellular Equipment and product sales were $150 million, significantly below the estimated $197.91 million, representing a -23.7% change year-over-year [4] Stock Performance - Shares of TDS have returned -0.6% over the past month, compared to the Zacks S&P 500 composite's -0.5% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]
ITTI(TDS) - 2025 Q1 - Earnings Call Transcript
2025-05-02 15:02
Telephone and Data Systems (TDS) Q1 2025 Earnings Call May 02, 2025 10:00 AM ET Company Participants Colleen Thompson - Vice President of Corporate RelationsVicki Villacrez - Executive VP & CFOLaurent Therivel - President & CEODouglas Chambers - Executive VP, CFO, Treasurer & DirectorKristina Bothfeld - VP of Finance & CFORic Prentiss - Managing DirectorSergey Dluzhevskiy - Portifolio Manager Conference Call Participants Sebastiano Petti - Senior Research Analyst Operator Hello, and thank you for standing b ...
ITTI(TDS) - 2025 Q1 - Earnings Call Transcript
2025-05-02 14:00
Telephone and Data Systems (TDS) Q1 2025 Earnings Call May 02, 2025 10:00 AM ET Speaker0 Hello, and thank you for standing by. My name is Regina, and I will be your conference operator today. At this time, I would like to welcome everyone to the TDS and U. S. Cellular First Quarter twenty twenty five Operating Results Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question and answer session. I would now like to turn the conf ...
Telephone & Data Systems (TDS) Reports Q1 Loss, Misses Revenue Estimates
ZACKS· 2025-05-02 13:40
Telephone & Data Systems (TDS) came out with a quarterly loss of $0.09 per share versus the Zacks Consensus Estimate of a loss of $0.02. This compares to earnings of $0.10 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -350%. A quarter ago, it was expected that this parent of U.S. Cellular and TDS Telecom would post a loss of $0.32 per share when it actually produced a loss of $0.09, delivering a surprise of 71.88%.Over the l ...
ITTI(TDS) - 2025 Q1 - Quarterly Report
2025-05-02 12:06
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to (Address of principal executive offices) (Zip code) Registrant's telephone number, including area code: (312) 630-1900 Commission file number 001-14157 TEL ...
ITTI(TDS) - 2025 Q1 - Quarterly Results
2025-05-02 11:36
Financial Performance - TDS reported total operating revenues of $1,154 million for Q1 2025, a decrease of 8.6% from $1,262 million in Q1 2024[4] - Net income attributable to TDS common shareholders was $(10) million, resulting in a diluted loss per share of $(0.09), compared to a net income of $12 million and earnings per share of $0.10 in the same period last year[4] - UScellular reported operating revenues of $891 million for Q1 2025, a decrease of 6% compared to $950 million in Q1 2024[28] - TDS Telecom's operating revenues were $257 million in Q1 2025, down 3% from $266 million in Q1 2024[28] - Net income for the three months ended March 31, 2025, was $12 million, a decrease of 68.4% compared to $38 million in the same period of 2024[31] - Total operating revenues for UScellular decreased by 6% to $891 million in Q1 2025, down from $950 million in Q1 2024[39] - Adjusted EBITDA for UScellular was $254 million, reflecting a 7% decline from $272 million in the previous year[39] - TDS Telecom's net income for Q1 2025 was $4 million, significantly down from $24 million in Q1 2024[50] - UScellular's net income for Q1 2025 was $20 million, a decrease from $24 million in Q1 2024[48] Customer Metrics - TDS Telecom added 14,000 marketable fiber service addresses in Q1 2025, contributing to ongoing fiber deployment efforts[5] - The company reported 2,800 residential broadband net additions in Q1 2025, with 8,300 coming from fiber markets[10] - Total residential connections decreased to 931,400 in Q1 2025 from 956,100 in Q1 2024, reflecting a decline in broadband and voice connections[25] - Total broadband connections increased slightly to 555,800 in Q1 2025, compared to 547,900 in Q1 2024[25] - The churn rate for residential fiber connections was 0.9% in Q1 2025, an improvement from 1.0% in Q4 2024[25] - Average Revenue Per User (ARPU) for postpaid customers increased to $52.06 in Q1 2025, up from $51.96 in Q1 2024[23] Capital Expenditures and Cash Flow - Capital expenditures for UScellular were $53 million in Q1 2025, significantly lower than $162 million in Q4 2024[25] - Capital expenditures for UScellular dropped significantly by 60% to $53 million in Q1 2025, compared to $131 million in Q1 2024[39] - TDS consolidated free cash flow for Q1 2025 was $47 million, compared to a negative $20 million in Q1 2024[45] - UScellular's free cash flow increased to $79 million in Q1 2025 from $61 million in Q1 2024[45] - TDS consolidated cash flows from operating activities were $186 million in Q1 2025, down from $224 million in Q1 2024[45] Strategic Initiatives and Changes - TDS is undergoing foundational changes in its remaining businesses, focusing on enhancing customer experience and improving margins over time[5] - UScellular is not providing financial guidance for 2025 due to the pending transaction with T-Mobile[9] - The expected closing of the sale of UScellular's wireless operations to T-Mobile is anticipated in mid-2025, pending regulatory approval[6] - TDS is focusing on strategic alternatives, with expenses related to this review amounting to $10 million for UScellular in Q1 2025, up from $7 million in Q1 2024[48] Assets and Liabilities - Total assets as of March 31, 2025, were $13,536 million, a decrease from $13,682 million at the end of 2024[33] - Total current liabilities decreased to $960 million as of March 31, 2025, from $1,090 million at the end of 2024[35] - TDS shareholders' equity decreased to $5,078 million as of March 31, 2025, from $5,091 million at the end of 2024[35]