TDS Q1 2023 Earnings — Telephone and Data Systems, Inc. Revenue & Financial Results | Market Cap Arena

TDSTelephone and Data Systems, Inc.

$5B

Q1 2023 Earnings

Communication Services Telecommunications Services

Income Statement

Revenue

$1.3B-0.9% YoY

Gross Profit

$711M54.6% margin

Operating Income

$29M2.2% margin

Net Income

$8M0.6% margin

EPS (Diluted)

$0.11

QoQ Revenue Growth

-4.0%

Cash Flow

Operating Cash Flow

$46M

Free Cash Flow

-$290M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$14.5B

Total Liabilities

$8.0B

Stockholders' Equity

$5.8B

Cash & Equivalents

$309M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.3B	$1.3B	-0.9%
Gross Profit	$711M	$735M	-3.3%
Operating Income	$29M	$95M	-69.5%
Net Income	$8M	$61M	-86.9%

Revenue Segments

U S Cellular Segment

$986M76%

T D S Telecom Segment

$253M19%

Other Segment

$64M5%