NYSE$AD

Array Digital Infrastructure Inc · Q4 2022 earnings

Q4 2022 earnings · · Investor relations

Briefing

U.S. Cellular reported a net loss for Q4 2022 and provided guidance for 2023.

U.S. Cellular reported total operating revenues of $1,048 million for the fourth quarter of 2022, compared to $1,068 million for the same period one year ago. Net loss attributable to UScellular shareholders was $(28) million, or $(0.33) per share, compared to net income of $27 million, or $0.31 per share, in the same period one year ago.

  • Total operating revenues for Q4 2022 were $1,048 million, a decrease from $1,068 million in the same period last year.
  • Net loss attributable to UScellular shareholders for Q4 2022 was $(28) million, compared to net income of $27 million in Q4 2021.
  • Fixed wireless connections increased by over 50% during 2022.
  • Tower revenues grew by double-digit percentage points in 2022.

Headline financials

Total Revenue

$1.05B

Previous: $1.07B-1.9%
EPS (adj)

-$0.33

Previous: $0.31-206.5%
Capital Expenditures

$193M

Previous: $268M-28.0%
Free Cash Flow

-$13M

Previous: -$133M+90.2%
Net Income

-$28M

Previous: $28M-200.0%
Operating Income

-$27M

Previous: $5M-640.0%
Gross Profit

$537M

Previous: $540M-0.6%
Cash & Equivalents

$273M

Previous: $156M+75.0%
Total Assets

$11.1B

Previous: $10.3B+7.5%
Stock-Based Comp

$6M

Previous: $7M-14.3%

Revenue & EPS history

U.S. Cellular · Revenue · Quarterly

$1.05B

Q4 2022-1.9%vs Q4 2021
Beat estimate in 7 of 14 quarters(50%)
ActualEstimate

Forward guidance

UScellular’s current estimates of full-year 2023 results are shown below. Such estimates represent management’s view as of February 16, 2023 and should not be assumed to be current as of any future date.

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 Q4 2022

Historical avgQ4 2022

-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

Earnings price reactions
QuarterReport dateReaction (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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