---
schema_version: "secwatch.filing_event.v1"
accession: "0001051512-24-000031"
form_type: "8-K"
ticker: "TDS"
cik: "0001051512"
company_name: "TELEPHONE & DATA SYSTEMS INC /DE/"
filed_at: "2024-05-03T23:59:59+00:00"
generated_at: "2026-06-02T22:49:59.295665+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# TDS Q1 net income $12M vs year-ago loss; revenues down 3% to $1,262M

## Summary
- Net income $12M ($0.10 EPS) vs loss of $9M (-$0.08) in Q1 2023.
- UScellular postpaid churn reduced 4%; fixed wireless customers up 42% to 124,000.
- TDS Telecom deployed 28,000 fiber addresses in Q1, on track for 125,000 in 2024.
- Full-year 2024 guidance reaffirmed; strategic alternatives review for UScellular ongoing.

## SEC filing metadata
- accession: 0001051512-24-000031
- form_type: 8-K
- ticker: TDS
- cik: 0001051512
- company_name: TELEPHONE & DATA SYSTEMS INC /DE/
- filed_at: 2024-05-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1051512/000105151224000031/0001051512-24-000031-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1051512/000105151224000031/tds-20240503.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001051512-24-000031
- JSON: https://secwatch.observer/filing/0001051512-24-000031.json
- Plain text: https://secwatch.observer/filing/0001051512-24-000031.txt

## Key facts
- Earnings Releases
  TELEPHONE & DATA SYSTEMS INC /DE/ reported first quarter of 2024 results: revenue total operating revenues of $1,262 million, net income Net income (loss) attributable to TDS common shareholders and related diluted earnings (loss) per share were $12 million, EPS $0.10. Guidance reaffirmed.
  - Period: first quarter of 2024
  - Revenue: total operating revenues of $1,262 million
  - Net income: Net income (loss) attributable to TDS common shareholders and related diluted earnings (loss) per share were $12 million
  - EPS: $0.10
  - Guidance: reaffirmed
  - Result: reported results
  source text: TDS reports first quarter 2024 results 2024 guidance reaffirmed CHICAGO (May 3, 2024) — Telephone and Data Systems, Inc. (NYSE:TDS) reported total operating revenues of $1,262 million for the first quarter of 2024, versus $1,303 million for the same period one year ago. Net income (loss) attributable to TDS common shareholders and related diluted earnings (loss) per share were $12 million and $0.10, respectively, for the first quarter of 2024 compared to $(9) million and $(0.08), respectively, in the same period one year ago.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1051512/000105151224000031/0001051512-24-000031-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.