Telephone & Data Systems

TDS added about 66,000 marketable fiber service addresses in Q2 and lifted full-year fiber guidance to 250,000–300,000 addresses after residential net adds rose 47% and fiber revenue climbed 13% (about $11m). However, total telecom operating revenue fell 6% (4% excluding divestitures), cable revenue dropped ~10%, and management trimmed telecom revenue guidance to $1.0–1.025bn while narrowing telecom adjusted EBITDA to $310–330m and raising capex to $625–675m. TDS also faces an unresolved offer to buy minority shares of its tower unit Array, which reported stronger tower rental growth and large spectrum monetizations but saw disruptions from DISH’s bankruptcy-related departures. » Altro su finance.yahoo.com

TDS shares hit a new 52‑week low of $32.93 and are trading just above that at $32.96; market capitalization is about $3.77 billion. The stock is down 14.17% year‑over‑year and 21% over the past six months. TDS reported a surprisingly strong Q1 2026 EPS of $1.11 but missed revenue expectations with $309.4 million. Raymond James downgraded the stock to "Market Perform," while InvestingPro currently rates it as overvalued; TDS also reported 11,000 net new fiber connections and has paid dividends for 53 years (yield 0.44%). » Altro su de.investing.com

TDS reported Q2 earnings of $2.42 per share, comfortably beating analysts’ estimates, but missed revenue expectations with $309.3 million, prompting a roughly 11.7% premarket drop in the stock. The fiber-optics business grew strongly (revenue +13%, net new customers +47%) and the company raised its rollout target for 2026, but it cut the annual revenue forecast for its telecommunications segment. Array Digital Infrastructure improved thanks to tower leases and spectrum sales, leading to higher EBITDA forecasts for that unit. Investors focused on the decline in the traditional copper/cable business, the lowered revenue guidance and possible one-off effects behind the strong profit. » Altro su de.investing.com