NYSE$AD
Array Digital Infrastructure Inc · Q1 2024 earnings
Q1 2024 earnings · · Investor relations
Briefing
U.S. Cellular reported strong bottom-line results, driven by postpaid ARPU growth and expense discipline. Postpaid churn improved year-over-year, and fixed wireless continued its strong customer growth trajectory.
U.S. Cellular reported total operating revenues of $950 million for Q1 2024, compared to $986 million in the same period last year. Net income attributable to UScellular shareholders was $18 million, with diluted earnings per share of $0.20.
- Service revenues decreased 2%
- Postpaid ARPU grew 3%
- Net income, Adjusted OIBDA and Adjusted EBITDA up significantly
- Postpaid churn rate reduced 4%
Headline financials
Revenue & EPS history
U.S. Cellular · Revenue · Quarterly
$950M
Forward guidance
UScellular reaffirmed its full-year 2024 estimates, with service revenues expected to be between $2,950 million and $3,050 million, Adjusted OIBDA between $750 million and $850 million, Adjusted EBITDA between $920 million and $1,020 million, and capital expenditures between $550 million and $650 million.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q1 2024
-0.6%
Avg return
Earnings day
+0.3%
Avg return
5 days after
+3.2%
Avg return
30 days after
40%
27 / 68 earnings
Positive
+78.6%
Q2 2023
Best reaction
-22.7%
Q3 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +13.1% | +2.5% | — | |
| Q4 2025 | -1.7% | -2.5% | -9.8% | |
| Q3 2025 | -2.6% | -1.3% | +5.1% | |
| Q1 2025 | -8.5% | -7.7% | -10.0% | |
| Q4 2024 | -2.4% | -2.3% | +1.0% | |
| Q3 2024 | -4.2% | +5.6% | +2.9% | |
| Q2 2024 | -10.2% | -4.6% | +1.7% | |
| Q1 2024 | -3.1% | -3.4% | +48.8% | |
| Q4 2023 | -21.0% | -20.5% | -16.4% | |
| Q3 2023 | -0.8% | -0.2% | +11.2% | |
| Q2 2023 | +78.6% | +114.5% | +162.5% | |
| Q1 2023 | -14.1% | -22.7% | -26.5% | |
| Q4 2022 | +18.8% | +13.5% | -7.5% | |
| Q3 2022 | -22.7% | -29.6% | -34.5% | |
| Q2 2022 | +3.9% | +7.3% | -4.5% | |
| Q1 2022 | -3.5% | -6.0% | -2.8% | |
| Q4 2021 | -9.7% | -14.6% | -4.7% | |
| Q3 2021 | -0.8% | -0.5% | -8.5% | |
| Q2 2021 | -1.5% | +0.0% | +3.2% | |
| Q1 2021 | +1.1% | +4.4% | +8.2% | |
| Q4 2020 | -5.0% | -12.2% | +6.8% | |
| Q3 2020 | -1.6% | +6.0% | +6.4% | |
| Q2 2020 | +18.2% | +18.7% | +19.7% | |
| Q1 2020 | -8.4% | -9.4% | -4.0% | |
| Q4 2019 | -10.8% | -15.5% | -22.1% | |
| Q3 2019 | -16.7% | -5.6% | -10.3% | |
| Q2 2019 | -20.2% | -21.8% | -24.8% | |
| Q1 2019 | +3.6% | -1.1% | -10.6% | |
| Q4 2018 | -14.5% | -16.7% | -16.5% | |
| Q3 2018 | +10.9% | +14.2% | +17.6% | |
| Q2 2018 | +14.4% | +19.1% | +20.8% | |
| Q1 2018 | -2.8% | -5.0% | -9.2% | |
| Q4 2017 | +9.3% | +17.8% | +21.4% | |
| Q3 2017 | -3.7% | -6.3% | +2.4% | |
| Q2 2017 | +4.9% | +3.5% | +2.1% | |
| Q1 2017 | +5.5% | +5.0% | +9.8% | |
| Q4 2016 | -12.9% | -15.7% | -18.0% | |
| Q3 2016 | +1.6% | +2.9% | +14.7% | |
| Q2 2016 | +0.2% | +0.8% | -4.3% | |
| Q1 2016 | -10.5% | — | — | |
| Q4 2015 | -3.2% | — | — | |
| Q3 2015 | +14.0% | — | — | |
| Q2 2015 | +8.4% | — | — | |
| Q1 2015 | +3.8% | — | — | |
| Q4 2014 | +1.0% | — | — | |
| Q3 2014 | +3.1% | — | — | |
| Q2 2014 | -14.0% | — | — | |
| Q1 2014 | +0.3% | — | — | |
| Q4 2013 | -7.8% | — | — | |
| Q3 2013 | -3.5% | — | — | |
| Q4 2012 | -1.8% | — | — | |
| Q2 2013 | +4.4% | — | — | |
| Q1 2013 | -2.0% | — | — | |
| Q2 2012 | -4.5% | — | — | |
| Q3 2012 | -13.5% | — | — | |
| Q1 2012 | -0.2% | — | — | |
| Q4 2011 | -1.1% | — | — | |
| Q2 2011 | -1.1% | — | — | |
| Q3 2011 | -0.2% | — | — | |
| Q1 2011 | +3.3% | — | — | |
| Q1 2010 | +3.3% | — | — | |
| Q4 2008 | +4.4% | — | — | |
| Q4 2010 | +4.4% | — | — | |
| Q3 2010 | +0.6% | — | — | |
| Q3 2009 | +0.6% | — | — | |
| Q4 2009 | -2.9% | — | — | |
| Q2 2010 | -2.9% | — | — | |
| Q2 2009 | -2.9% | — | — |
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