Telephone & Data Systems Inc (TDS) reported Loss for second quarter that decreased from the same period last year in line with the Street estimates.
The company's bottom line totaled -$14 million, or -$0.13 per share. This compares with -$19 million, or -$0.17 per share, in last year's second quarter.
Analysts on average had expected the company to earn -$0.13 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter fell 2.3% to $1.238 billion from $1.267 billion last year.
Telephone & Data Systems Inc earnings at a glance (GAAP) :
-Earnings (Q2): -$14 Mln. vs. -$19 Mln. last year.-EPS (Q2): -$0.13 vs. -$0.17 last year.-Revenue (Q2): $1.238 Bln vs. $1.267 Bln last year.
For comments and feedback contact: editorial@rttnews.com
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.