NYSE$AD
Array Digital Infrastructure Inc · Q2 2024 earnings
Q2 2024 earnings · · Investor relations
Briefing
U.S. Cellular's Q2 2024 financial performance reflected increased operating income and postpaid ARPU growth, while announcing the sale of wireless operations.
U.S. Cellular reported total operating revenues of $927 million for the second quarter of 2024, compared to $957 million for the same period one year ago. Net income attributable to UScellular shareholders was $17 million, or $0.20 per share, compared to $5 million, or $0.05 per share, in the same period one year ago. The company announced the sale of its wireless operations and select spectrum assets and is reporting Wireless and Towers segments.
- Announced sale of wireless operations and select spectrum assets.
- Wireless segment saw sequential improvement in postpaid gross additions and postpaid net losses.
- Postpaid ARPU grew 2%; however, service revenues decreased 2%.
- Towers segment experienced a 1% increase in third-party tower revenues and a 40% growth in fixed wireless customers, reaching 134,000.
Headline financials
Revenue & EPS history
U.S. Cellular · Revenue · Quarterly
$927M
Forward guidance
UScellular reaffirmed its full-year 2024 estimates for service revenues, adjusted OIBDA, adjusted EBITDA, and capital expenditures.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 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 | +13.3% | +2.7% | +2.4% | |
| 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% | — | — | |
| Q2 2011 | -1.1% | — | — | |
| Q4 2011 | -1.1% | — | — | |
| Q3 2011 | -0.2% | — | — | |
| Q1 2010 | +3.3% | — | — | |
| Q1 2011 | +3.3% | — | — | |
| Q4 2008 | +4.4% | — | — | |
| Q4 2010 | +4.4% | — | — | |
| Q3 2010 | +0.6% | — | — | |
| Q3 2009 | +0.6% | — | — | |
| Q2 2010 | -2.9% | — | — | |
| Q4 2009 | -2.9% | — | — | |
| Q2 2009 | -2.9% | — | — |
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