U.S. Cellular (USM) Tops Q2 EPS by 9c

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U.S. Cellular reports second quarter 2016 results

August 5, 2016 7:49 AM EDT

CHICAGO, Aug. 5, 2016 /PRNewswire/ -- United States Cellular Corporation (NYSE: USM) reported total operating revenues of $980 million for the second quarter of 2016, versus $976 million for the same period one year ago. Net income attributable to U.S. Cellular shareholders and related diluted earnings per share were $27 million and $0.32, respectively, for the second quarter of 2016, compared to $19 million and $0.23, respectively, in the same period one year ago. 

"We had another encouraging quarter of continued progress toward achieving our strategic objectives in 2016," said Kenneth R. Meyers, U.S. Cellular president and CEO.... More