U.S. Cellular reports second quarter 2019 results

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Go back to U.S. Cellular reports second quarter 2019 results

U.S. Cellular (USM) Misses Q2 EPS by 7c, Revenues Miss

August 1, 2019 4:07 PM EDT

U.S. Cellular (NYSE: USM) reported Q2 EPS of $0.35, $0.07 worse than the analyst estimate of $0.42. Revenue for the quarter came in at $973 million versus the consensus estimate of $995.3 million.

"Our number one focus is to strengthen our customer base," said Kenneth R. Meyers, U.S. Cellular president and CEO. "In the quarter, we delivered on our customer satisfaction strategy and postpaid handset churn remained low. However, phone sales came in below expectations as... More