TDS reports first quarter 2020 results

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Telephone & Data Systems (TDS) Tops Q1 EPS by 18c; Maintains FY20 Guidance

April 30, 2020 4:21 PM EDT

Telephone & Data Systems (NYSE: TDS) reported Q1 EPS of $0.59, $0.18 better than the analyst estimate of $0.41. Revenue for the quarter came in at $1.26 billion versus the consensus estimate of $1.26 billion.

"The TDS Enterprise and its family of companies remain strong in this time of the COVID-19 pandemic and great economic uncertainty," said LeRoy T. Carlson, Jr., TDS President and CEO. "We are continuing to provide critical communications and data services that our customers and communities, especially in underserved areas, depend on. U.S. Cellular and TDS Telecom have risen to meet the business... More