Telephone and Data Systems Swings to Q3 Earnings, Operating Revenue Declines

08:35 AM EST, 11/06/2026 (MT Newswires) -- Telephone and Data Systems (TDS) reported Q3 earnings Friday of $0.25 per diluted share, swinging from a loss of $0.84 a year earlier. Three analysts surveyed by FactSet expected earnings of $0.11. Operating revenue for the quarter ended Sept. 30 was $306.7 million, compared with $308.5 million a year earlier. Three analysts expected $309.1 million. For 2026, the company lowered its operating revenue guidance for its TDS Telecom unit to a range of $990 million to $1.01 billion, from previous guidance of $1 billion to $1.03 billion. Shares of Telephone and Data Systems were down 1.4% pre-bell Friday.