Yahoo Finance Telephone and Data Systems First Quarter 2024 Earnings: Revenues In Line With Expectations
Telephone and Data Systems (NYSE:TDS) First Quarter 2024 Results
Key Financial Results
Revenue: US$1.26b (down 3.1% from 1Q 2023).
Net income: US$12.0m (up from US$9.00m loss in 1Q 2023).
Profit margin: 1.0% (up from net loss in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Telephone and Data Systems Meets Expectations
Revenue was in line with analyst estimates.
Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 3.4% growth forecast for the Wireless Telecom industry in the US.
Performance of the American Wireless Telecom industry.
The company's shares are down 9.0% from a week ago.
Risk Analysis
It's still necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with Telephone and Data Systems, and understanding them should be part of your investment process.
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