Telephone and Data Systems reports Q2 GAAP EPS of $2.24, exceeding expectations, while revenue misses by $6.44M.
Telephone and Data Systems (TDS) posted Q2 GAAP earnings per share of $2.24, surpassing estimates by $2.12. Revenue reached $309.28 million, up 3.6% year-over-year but missing projections by $6.44 million.
The company updated its 2026 guidance, citing momentum in current service address delivery. It now expects to deliver 250,000 to 300,000 marketable fiber addresses, reflecting growth in its fiber segment.
No immediate market reaction was disclosed in the release.