Why United States Cellular Stock Dropped Today [Yahoo! Finance]
United States Cellular Corporation (USM)
Last united states cellular corporation earnings: 4/30 04:05 pm
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US:NYSE Investor Relations:
investors.uscellular.com/overview/default.aspx
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Source: Yahoo! Finance
U.S. Cellular drove growth, improved profitability amid steep competition U.S. Cellular's fourth-quarter 2023 revenue declined 4.6% year over year to exactly $1.0 billion, translating to net income of $14 million, or $0.16 per share (compared to a net loss of $0.33 per share in the same year-ago period). Analysts, on average, were only expecting net income of $0.04 per share on revenue of $984.2 million. U.S. Cellular CEO Laurent Therivel lauded a 2% growth in postpaid average revenue per user and a 46% increase in fixed wireless customers to 114,000. Tower rental revenue also grew 8% year over year in 2023 to $100 million. "Even though we experienced challenging subscriber results in an aggressive competitive environment, I'm pleased with the improvements we were able to drive in profitability year over year," Therivel added. What's next for U.S. Cellular stock? For the full-year 2024, U.S. Cellular issued guidance for service revenue in the range of $2.95 billion to $3.05
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News
- TDS and UScellular to release first quarter operating results and host conference call on May 3, 2024PR Newswire
- Here's Why United States Cellular (USM) is a Strong Momentum Stock [Yahoo! Finance]Yahoo! Finance
- Wall Street Analysts Predict a 27.2% Upside in U.S. Cellular (USM): Here's What You Should Know [Yahoo! Finance]Yahoo! Finance
- Zacks Industry Outlook Highlights T-Mobile US, Verizon Communications and United States Cellular [Yahoo! Finance]Yahoo! Finance
- Investors in United States Cellular (NYSE:USM) have seen decent returns of 58% over the past year [Yahoo! Finance]Yahoo! Finance
USM
Earnings
- 2/16/24 - Beat
USM
Sec Filings
- 4/9/24 - Form ARS
- 4/9/24 - Form DEFA14A
- 4/9/24 - Form DEF
- USM's page on the SEC website