TDS Q2 2023 Earnings — Telephone and Data Systems, Inc. Revenue & Financial Results | Market Cap Arena

TDSTelephone and Data Systems, Inc.

$5B

Q2 2023 Earnings

Communication Services Telecommunications Services

Income Statement

Revenue

$1.3B-6.1% YoY

Gross Profit

$699M55.2% margin

Operating Income

$33M2.6% margin

Net Income

-$2M-0.2% margin

EPS (Diluted)

$-0.02

QoQ Revenue Growth

-2.8%

Cash Flow

Operating Cash Flow

$468M

Free Cash Flow

$167M

Stock-Based Comp.

$11M

Balance Sheet

Total Assets

$14.4B

Total Liabilities

$7.9B

Stockholders' Equity

$5.8B

Cash & Equivalents

$293M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.3B	$1.3B	-6.1%
Gross Profit	$699M	$729M	-4.1%
Operating Income	$33M	$63M	-47.6%
Net Income	-$2M	$35M	-105.7%

Revenue Segments

U S Cellular Segment

$957M76%

T D S Telecom Segment

$257M20%

Other Segment

$53M4%