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Telephone and Data Systems Swings to Q3 Non-GAAP Earnings, Revenue Declines
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Telephone and Data Systems Swings to Q3 Non-GAAP Earnings, Revenue Declines
Nov 4, 2024 12:03 PM

08:10 AM EDT, 11/01/2024 (MT Newswires) -- Telephone and Data Systems ( TDS/PV ) reported Q3 non-GAAP earnings Friday of $0.01 per diluted share, swinging from a loss of $0.16 a year earlier.

Comparable analyst estimates were not readily available.

Revenue for the quarter ended Sept. 30 was $1.22 billion, down from $1.28 billion a year earlier.

That result matched the estimate of a single analyst surveyed by Capital IQ.

Shares of the cellular phone company were down nearly 6% in recent Friday premarket activity.

Price: 28.04, Change: -1.71, Percent Change: -5.75

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