Telephone & Data Systems (TDS) came out with quarterly earnings of $0.01 per share, beating the Zacks Consensus Estimate of a loss of $0.14 per share. This compares to loss of $0.16 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 107.14%. A quarter ago, it was expected that this parent of U.S. Cellular and TDS Telecom would post a loss of $0.16 per share when it actually produced a loss of $0.13, delivering a surprise of 18.75 ...

Exhibit 99.1 NEWS RELEASE TDS reports third quarter 2024 results Recent Highlights* As previously announced, TDS will hold a teleconference on November 1, 2024, at 9:00 a.m. CDT. Listen to the call live via the Events & Presentations page of investors.tdsinc.com. CHICAGO (November 1, 2024) — Telephone and Data Systems, Inc. (NYSE:TDS) reported total operating revenues of $1,224 million for the third quarter of 2024, versus $1,278 million for the same period one year ago. Net income (loss) attributable to TD ...

CHICAGO, Nov. 1, 2024 /PRNewswire/ --As previously announced, TDS will hold a teleconference on November 1, 2024, at 9:00 a.m. CDT. Listen to the call live via the Events & Presentations page of investors.tdsinc.com.Telephone and Data Systems, Inc. (NYSE: TDS) reported total operating revenues of $1,224 million for the third quarter of 2024, versus $1,278 million for the same period one year ago. Net income (loss) attributable to TDS common shareholders and related diluted earnings (loss) per share were $(8 ...

CHICAGO, Oct. 25, 2024 /PRNewswire/ -- Telephone and Data Systems, Inc. (NYSE: TDS) and United States Cellular Corporation (NYSE: USM) will be webcasting their third quarter operating results conference call on November 1, 2024, at 9:00 a.m. Central Time. The companies will release their financial results on November 1, 2024.To listen to the webcast, please visit the events & presentations pages of investors.tdsinc.com or investors.uscellular.com. The presentations will be webcast both live and on-demand. I ...

GRAND RAPIDS, Mich., Sept. 3, 2024 /PRNewswire/ -- US Signal Company, LLC (US Signal), a leading digital infrastructure provider and portfolio company of Igneo Infrastructure Partners, has completed its acquisition of OneNeck IT Solutions LLC and OneNeck Data Center Holdings LLC (OneNeck) from Telephone and Data Systems, Inc. (NYSE: TDS), a provider of wireless, broadband, video, voice, hosted and managed services to U.S. businesses. Headquartered in Madison, Wisconsin, OneNeck provides secure hybrid IT and ...

CHICAGO, Aug. 26, 2024 /PRNewswire/ -- TDS Telecom, a wholly-owned subsidiary of Telephone and Data Systems, Inc. (NYSE: TDS) and United States Cellular Corporation (NYSE:USM), will each be attending the following September conferences. Citi's 2024 Global TMT Conference TDS Telecom webcasted presentation on September 5, 2024 at 7:30 a.m. ET Michelle Brukwicki, TDS Telecom senior vice president of finance & chief financial officer is scheduled to speak. The presentation will be webcast live. Management will ...

Group 1 - Telephone and Data Systems, Inc. (TDS) has declared third quarter 2024 dividends for its Common Shares, Series A Common Shares, Series UU Preferred Shares, and Series VV Preferred Shares [1][2][3] - The quarterly dividend for Common Shares and Series A Common Shares is set at $0.04 per share, payable on September 30, 2024, to holders of record on September 16, 2024 [1] - The quarterly dividend for Series UU Preferred Shares is $414.0625 per share, with depositary share holders receiving $0.4140625 per depositary share, payable on September 30, 2024, to holders of record on September 15, 2024 [2] - The quarterly dividend for Series VV Preferred Shares is $375.0000 per share, with depositary share holders receiving $0.3750000 per depositary share, payable on September 30, 2024, to holders of record on September 15, 2024 [3] Group 2 - TDS provides a range of telecommunications services including wireless, broadband, video and voice, and hosted and managed services to approximately 6 million connections nationwide [4] - The company operates through its subsidiaries UScellular, TDS Telecom, and OneNeck IT Solutions, and employs approximately 8,500 associates as of June 30, 2024 [4]

*uscellular Second Quarter 2024 Results August 2, 2024 Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995 All information set forth in this presentation about Telephone and Data Systems, Inc., including its subsidiaries UScellular and TDS Telecom, except historical and factual information, represents forward-looking statements. This includes all statements about the company's plans, beliefs, estimates, and expectations. These statements are based on current estimates, projectio ...

Core Insights - Telephone & Data Systems (TDS) reported revenue of $1.24 billion for the quarter ended June 2024, a decrease of 2.3% year-over-year, with an EPS of -$0.13, an improvement from -$0.17 in the same quarter last year [1] - The reported revenue met the Zacks Consensus Estimate, showing a slight surprise of +0.02%, while the EPS exceeded expectations by +18.75% [1] Revenue and Earnings Performance - TDS Telecom Residential connections - Broadband - Wireline, Expansion: 107.8 thousand, below the average estimate of 110.66 thousand [3] - TDS Telecom Residential connections - Broadband - Wireline, Incumbent: 243.7 thousand, compared to the average estimate of 245.66 thousand [4] - Total TDS Telecom Connections: 1.15 million, slightly below the average estimate of 1.17 million [5] - TDS Telecom Commercial connections - Total: 201.5 thousand, exceeding the average estimate of 199.25 thousand [5] Operating Revenues - Operating Revenues for TDS Telecom: $267 million, closely matching the average estimate of $267.38 million [6] - Operating Revenues for All other: $44 million, surpassing the average estimate of $42.10 million [7] - Operating Revenues for U.S. Cellular: $927 million, slightly above the average estimate of $925.46 million [7] - Operating Revenues for U.S. Cellular - Service: $718 million, below the average estimate of $744.42 million [7] - Operating Revenues for TDS Telecom - Service - Wholesale: $44 million, exceeding the average estimate of $42.10 million [8] - Operating Revenues for TDS Telecom - Service - Commercial: $37 million, slightly above the average estimate of $36.78 million [8] - Operating Revenues for U.S. Cellular - Equipment and product sales: $184 million, closely matching the average estimate of $183.82 million [8] - Operating Revenues for TDS Telecom - Service: $267 million, slightly below the average estimate of $267.14 million [9] Stock Performance - TDS shares have returned +4% over the past month, outperforming the Zacks S&P 500 composite, which saw a -0.4% change [9] - The stock currently holds a Zacks Rank 1 (Strong Buy), indicating potential for outperformance in the near term [9]

Core Insights - Telephone & Data Systems (TDS) reported a quarterly loss of $0.13 per share, better than the Zacks Consensus Estimate of a loss of $0.16, and an improvement from a loss of $0.17 per share a year ago, resulting in an earnings surprise of 18.75% [1] - The company posted revenues of $1.24 billion for the quarter ended June 2024, slightly surpassing the Zacks Consensus Estimate by 0.02%, but down from $1.27 billion year-over-year [2] - TDS shares have increased approximately 15% year-to-date, outperforming the S&P 500's gain of 14.2% [3] Earnings Outlook - The earnings outlook for TDS is currently favorable, with a consensus EPS estimate of -$0.13 on $1.24 billion in revenues for the upcoming quarter and -$0.33 on $5.01 billion in revenues for the current fiscal year [7] - The company has surpassed consensus EPS estimates three times over the last four quarters, indicating a positive trend in earnings performance [2] Industry Context - TDS operates within the Zacks Wireline - National industry, which is currently ranked in the top 1% of over 250 Zacks industries, suggesting a strong industry performance [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]