secwatch.observer — SEC 8-K summary
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Issuer:     TELEPHONE & DATA SYSTEMS INC /DE/ (TDS)
CIK:        0001051512
Form:       8-K
Filed at:   2023-05-04T23:59:59+00:00
Accession:  0001051512-23-000029
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TDS reports Q1 2023 net loss of $9M, revenue down to $1.303B; reaffirms guidance
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- Total operating revenues $1,303M vs $1,315M YoY; net loss $(9)M vs profit $44M prior year.
- Diluted EPS $(0.08) vs $0.37 in Q1 2022; UScellular postpaid subscriber losses persist.
- UScellular guidance unchanged: service revenues $3,050-$3,150M, Adjusted OIBDA $725-$875M.
- TDS Telecom guidance unchanged: total op rev $1,030-$1,060M, Adjusted EBITDA $260-$290M.
- TDS Telecom deployed 25,000 fiber addresses in Q1; residential revenue per connection up.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1051512/000105151223000029/0001051512-23-000029-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1051512/000105151223000029/tds-20230504.htm
  HTML page:      https://secwatch.observer/filing/0001051512-23-000029

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