Telephone and Data Systems, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2026
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Telephone and Data Systems, Inc. reported earnings results for the third quarter and nine months ended September 30, 2026. For the third quarter, the company reported sales was USD 52.48 million...
Telephone and Data Systems, Inc. reported earnings results for the third quarter and nine months ended September 30, 2026. For the third quarter, the company reported sales was USD 52.48 million compared to USD 45.84 million a year ago. Revenue was USD 306.69 million compared to USD 308.52 million a year ago. Net income was USD 45.86 million compared to net loss of USD 81.75 million a year ago. Basic earnings per share from continuing operations was USD 0.26 compared to USD 0.35 a year ago. Diluted earnings per share from continuing operations was USD 0.26 compared to USD 0.33 a year ago.
For the nine months, sales was USD 156.67 million compared to USD 99.66 million a year ago. Revenue was USD 925.43 million compared to USD 897.5 million a year ago. Net income was USD 488.82 million compared to net loss of USD 62.71 million a year ago. Basic earnings per share from continuing operations was USD 3.67 compared to USD 0.1 a year ago. Diluted earnings per share from continuing operations was USD 3.62 compared to USD 0.07 a year ago.
Telephone and Data Systems, Inc. is a diversified telecommunications company. The Company provides broadband, video and voice through its TDS Telecom. The Company’s segment includes Array, TDS Telecom, and Other. Its Array business connects America through digital infrastructure by leasing tower space to tenants and providing ancillary services. It also holds non-controlling interests in primarily wireless operating companies and holds certain wireless spectrum licenses. Its TDS Telecom business provides residential Internet, video, mobile, and voice services primarily through monthly subscription arrangements. Its Other business segment includes its wholly owned subsidiary Suttle-Straus, Inc. The Company, through its subsidiary TDS Telecommunications LLC, delivers high-speed Internet, television entertainment, and phone services to a mix of small to mid-sized urban, suburban and rural communities throughout the United States.
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