TDS and United States Cellular Q2 2025 Earnings Call Highlights

Telephone and Data Systems, Inc. and United States Cellular Corporation reported Q2 2025 earnings. The companies' financial results and operating performance will be discussed during the conference call.

Telephone and Data Systems, Inc. (TDS) and United States Cellular Corporation (USCC) have reported their Q2 2025 earnings, with mixed results that will be discussed further during their upcoming conference call. TDS, which operates primarily through its subsidiary UScellular and TDS Telecom, reported revenue of $1.19 billion, a 4.2% year-on-year decline but a 1.5% beat over analyst estimates. The company's GAAP loss of $0.05 per share was significantly below analysts' consensus estimates [1].

USCC, now known as Array Digital Infrastructure, Inc., reported revenue of $916 million for the second quarter, a 1.1% decrease compared to the same period last year. The company's net income increased to $31 million, up from $17 million in Q2 2024. Basic and diluted earnings per share from continuing operations were $0.37 and $0.36, respectively, up from $0.2 and $0.2 a year ago [2].

TDS reported a significant reduction in its operating margin, from 4.5% in the same quarter last year to 3.4% in Q2 2025. The company's free cash flow margin improved from 15% to 22.3%. TDS also reported a decrease in its earnings per share (EPS), which declined by 21.9% annually over the last five years. Despite these challenges, TDS expects its revenue to decline by 1.6% over the next 12 months, a better projection than its recent two-year trend [1].

Array, the former USCC, reported a significant increase in its revenue for the six months ended June 30, 2025, with revenue of $1,807 million compared to $1,877 million a year ago. The company's net income increased to $50 million, up from $35 million a year ago. Basic and diluted earnings per share from continuing operations were $0.58 and $0.57, respectively, up from $0.41 and $0.4 a year ago [2].

Key takeaways from TDS's Q2 results include a narrow beat on revenue expectations but a significant miss on EPS. The stock remained flat at $39 immediately after reporting. For Array, the company reported a significant increase in revenue and net income, with a notable improvement in EPS. The upcoming conference call will provide more insights into the companies' financial performance and future prospects.

References:
[1] https://finance.yahoo.com/news/telephone-data-systems-nyse-tds-114720094.html
[2] https://www.marketscreener.com/news/united-states-cellular-corporation-reports-earnings-results-for-the-second-quarter-and-six-months-en-ce7c5ed2de80f621