Telephone and Data Systems Swings to Q2 Earnings, Operating Revenue Rises

MT Newswires Live

08/07

Telephone and Data Systems (TDS) reported Q2 earnings Friday of $2.42 per diluted share, swinging from a loss of $0.05 a year earlier.

Three analysts polled by FactSet expected earnings of $0.09 per share.

Operating revenue for the quarter ended June 30 was $309.3 million, up from $298.5 million a year earlier.

The analysts expected $315.8 million.

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