Telephone & Data Systems (TDS) Tops Q2 EPS by 12c

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Go back to Telephone & Data Systems (TDS) Tops Q2 EPS by 12c

TDS reports second quarter 2016 results

August 5, 2016 7:46 AM EDT

CHICAGO, Aug. 5, 2016 /PRNewswire/ -- Telephone and Data Systems, Inc. (NYSE: TDS) reported total operating revenues of $1,283 million for the second quarter of 2016, versus $1,276 million for the comparable period one year ago. Net income attributable to TDS shareholders and related diluted earnings per share were $28 million and $0.25, respectively, for the second quarter of 2016, compared to $23 million and $0.21, respectively, in the comparable period one year ago.

"TDS businesses showed continued progress through the quarter," said LeRoy T. Carlson, Jr., TDS president and CEO. "U.S. Cellular grew its customers while TDS Telecom... More