NYSE$TDS
Telephone And Data Systems Inc · Q4 2024 earnings
Q4 2024 earnings · · Before market open · Investor relations
Briefing
TDS reported a decline in revenue and a reduced net loss for Q4 2024.
TDS reported a 6% decline in total operating revenue for Q4 2024, reaching $1.24 billion. The company reported a net loss of $11 million, a significant improvement from the $523 million loss in Q4 2023. Operating income was positive at $37 million, driven by improved results from TDS Telecom, while UScellular faced continued challenges.
- Total operating revenue declined 6% year-over-year to $1.24 billion.
- Net loss improved significantly to $11 million from $523 million in Q4 2023.
- Operating income reached $37 million, compared to a loss of $524 million last year.
- UScellular's challenges continued, while TDS Telecom saw growth in fiber broadband services.
Headline financials
Revenue & EPS history
TDS · Revenue · Quarterly
$1.24B
Revenue by segment
TDS · $299M total across 3 segments · Q2 2025
- TDS Telecom$265M—88.7%
- Array$28.5M—9.6%
- All Other$5.08M—1.7%
Forward guidance
TDS is focused on continuing its fiber expansion and preparing for the expected sale of UScellular's wireless operations to T-Mobile.
Tailwinds
- TDS Telecom exceeded its fiber address expansion goals for 2024.
- Company plans to add 150,000 new fiber service addresses in 2025.
- Continued investment in broadband infrastructure to drive long-term growth.
- Improved operational efficiency leading to positive operating income.
- UScellular progressing towards the sale of its wireless operations.
Headwinds
- Revenue declined 6% year-over-year.
- Net loss, while improved, remains a concern at $11 million.
- UScellular's financial performance remains weak with declining revenue.
- Continued capital expenditures required for network expansion.
- Regulatory approval still pending for UScellular’s sale to T-Mobile.
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 Q4 2024
+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
| Quarter | Report date | Reaction (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% | |
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| Q4 2009 | — | — | — |
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