Telephone and Data Systems Inc. (TDS) reported that its first-quarter net income available to common shareholders $1.41 million or $0.01 per share, down from $52.24 million or $0.48 per share in the year ago quarter.
Operating revenues were $1.309 billion for the first quarter of 2013, versus $1.306 billion for the comparable period one year ago.
Analysts polled by Thomson Reuters expected the company to report earnings of $0.02 per share on revenues of $1.29 billion for the quarter. Analysts' estimates typically exclude special items.
TDS now expects 2013 adjusted operating revenues to be in the range of $4.515 billion - $4.685 billion, compared to prior estimate of $4.66 billion to $4.83 billion.
Analysts expect the company to report revenues of $5.02 billion for fiscal 2013.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.