TDS Q3 revenue falls 6%, misses estimates

Telephone and Data Systems

07/11/2025 12:39

Corrects reported revenue in Key Details table to $308.5 mln, not $178 mln

Overview

TDS Q3 2025 revenue declined 6% yr/yr, missing analyst expectations

Net income for Q3 2025 improved to $40.2 mln from a loss last year

TDS had announced new $500 mln share repurchase program

Outlook

TDS Telecom still expects 2025 revenue between $1,030 mln and $1,050 mln

TDS Telecom still sees 2025 adjusted OIBDA between $310 mln and $340 mln

TDS Telecom still projects 2025 capital expenditures of $375 mln to $425 mln

Result Drivers

FIBER STRATEGY - TDS Telecom focused on expanding fiber broadband, adding 11,200 residential fiber connections in Q3 2025

SITE RENTAL REVENUE - Array's site rental revenues increased 68% due to a new agreement with T-Mobile

DIVESTITURES IMPACT - TDS Telecom revenues down 3%, impacted by $6 mln due to divestitures of non-strategic assets

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Miss
$308.5 mln
$1.16 bln (3 Analysts)

Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the wireless telecommunications services peer group is "buy."

Wall Street's median 12-month price target for Telephone and Data Systems Inc is $50.00, about 23% above its November 6 closing price of $38.49

Press Release: ID:nPn1g6NVpa

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 (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)