Here, we present the earnings highlights for Telephone & Data Systems Inc (TDS):
Earnings: The company has shown significant growth from the same period last year, reporting $12 million in earnings in the first quarter, as compared to -$9 million a year ago.
EPS: There has also been an increase in the earnings per share (EPS) for the first quarter, standing at $0.10 as compared to -$0.08 in the same period last year. Interestingly, this is higher than what analysts expected, which was -$0.05 per share.
Revenue: However, revenue for the first quarter showed a slight drop, registering at $1.26 billion, as compared to $1.30 billion in the same period last year.
