NYSE$TDS

Telephone And Data Systems Inc · Q2 2025 earnings

Q2 2025 earnings · · Before market open · Investor relations

Briefing

Telephone And Data Systems Inc reported Q2 2025 results with revenue growth and improved operating performance year-over-year.

TDS reported total operating revenues of $298.5 million for the three months ended June 30, 2025, up from the prior year. The company recorded a net income of $17.8 million and an operating loss of $12.3 million. Results were driven by contributions from TDS Telecom and Array segments along with equity earnings.

  • Total operating revenues reached $298.5 million, reflecting 4% growth compared to the prior quarter period.
  • Net income attributable to TDS shareholders was $11.6 million after preferred dividends.
  • TDS Telecom contributed $264.9 million in revenues while Array added $28.5 million.
  • Adjusted OIBDA from continuing operations was $68.8 million, up 12% year-over-year.

Headline financials

Total Revenue

$1.19B

Previous: $1.24B-4.2%
EPS (adj)

-$0.05

Previous: -$0.13+61.5%
Capital Expenditures

-$286M

Previous: -$451M+36.6%
Net Income

$12M

Previous: $3M+300.0%
Operating Income

$40M

Previous: $39M+2.6%

Revenue & EPS history

TDS · Revenue · Quarterly

$1.19B

Q2 2025-4.2%vs Q2 2024
Beat estimate in 5 of 14 quarters(36%)
ActualEstimate

Revenue by segment

TDS · $299M total across 3 segments · Q2 2025

  • TDS Telecom
    $265M
  • Array
    $28.5M
  • All Other
    $5.08M

Forward guidance

TDS continues to focus on fiber deployment, tower colocation growth, and strategic alternatives review including spectrum monetization.

Tailwinds

  • Growth in Array site rental revenues expected from T-Mobile MLA.
  • Continued fiber expansion at TDS Telecom.

Headwinds

  • Legacy voice and video revenue declines persist.
  • Higher strategic alternatives review expenses.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports

Historical avg

+0.0%

Avg return

Earnings day

-0.5%

Avg return

5 days after

+1.5%

Avg return

30 days after

38%

15 / 39 earnings

Positive

+67.1%

Q2 2023

Best reaction

-22.0%

Q4 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2025
Q1 2026+2.2%-7.2%-14.0%
Q4 2025-0.7%-0.4%-9.9%
Q3 2025-2.2%+3.2%+2.4%
Q1 2025-8.6%-8.4%-8.7%
Q4 2024-4.2%-9.6%-7.1%
Q3 2024-6.0%+9.4%+14.9%
Q2 2024-9.9%-3.3%+11.9%
Q1 2024-3.1%-5.6%+22.7%
Q4 2023-22.0%-20.6%-16.3%
Q3 2023-4.1%-4.3%+10.9%
Q2 2023+67.1%+111.5%+171.0%
Q1 2023-15.9%-23.8%-26.3%
Q4 2022+17.6%+12.6%-14.7%
Q3 2022-1.7%-33.2%-38.2%
Q2 2022-3.0%+8.6%+2.5%
Q1 2022-2.0%-8.9%-13.1%
Q4 2021-1.9%-17.6%-11.1%
Q3 2021-1.2%-1.0%-9.5%
Q2 2021+0.9%+4.2%+6.4%
Q1 2021+3.6%+5.1%+8.7%
Q4 2020-1.0%-11.5%+11.0%
Q3 2020+2.5%+7.9%+11.1%
Q2 2020-0.7%+18.7%+15.5%
Q1 2020-4.2%-12.0%+0.1%
Q4 2019+0.2%-17.9%-35.6%
Q3 2019-2.2%-8.9%-11.1%
Q2 2019-3.4%-17.1%-22.1%
Q1 2019+0.7%-0.5%-10.7%
Q4 2018-10.8%-12.7%-14.4%
Q3 2018+14.6%+17.8%+19.3%
Q2 2018+4.0%+15.8%+16.4%
Q1 2018-8.0%-2.7%-6.5%
Q4 2017+10.8%+12.0%+10.9%
Q3 2017-6.7%-7.1%-2.0%
Q2 2017+1.2%+1.4%+4.8%
Q1 2017+4.9%+4.3%+11.2%
Q4 2016-8.7%-17.5%-22.6%
Q3 2016+1.1%+3.7%+10.4%
Q2 2016+1.4%-2.5%-8.9%
Q1 2016
Q4 2015
Q3 2015
Q2 2015
Q1 2015
Q4 2014
Q3 2014
Q2 2014
Q1 2014
Q4 2013
Q3 2013
Q2 2013
Q1 2013
Q2 2012
Q4 2012
Q3 2012
Q1 2012
Q4 2011
Q2 2011
Q3 2011
Q1 2010
Q1 2011
Q4 2008
Q3 2009
Q3 2010
Q2 2009
Q2 2010
Q4 2009

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro