[ad_1]
CHICAGO, Aug. 2, 2024 /PRNewswire/ —
As in the past introduced, TDS will book a teleconference on August 2, 2024, at 9:00 a.m. CDT. Concentrate to the decision are living by the use of the Occasions & Shows web page of traders.tdsinc.com.
Phone and Information Methods, Inc. (NYSE:TDS) reported general running revenues of $1,238 million for the second one quarter of 2024, as opposed to $1,267 million for a similar duration one 12 months in the past. Internet source of revenue (loss) due to TDS usual shareholders and alike diluted profits (loss) in line with percentage had been $(14) million and $(0.13), respectively, for the second one quarter of 2024 in comparison to $(19) million and $(0.17), respectively, in the similar duration one 12 months in the past.
2Q 2024 Highlights*
UScellular
- Introduced sale of wi-fi operations and make a selection spectrum belongings
- Now reporting Wi-fi and Towers departments
- Wi-fi
- Sequential growth in postpaid improper additions and postpaid internet losses
- Postpaid ARPU grew 2%; provider revenues lowered 2%
- Towers
- 3rd-party tower revenues larger 1%
- Wi-fi
- Mounted wi-fi shoppers grew 40% to 134,000
- Robust value control resulted in larger running source of revenue, internet source of revenue and Adjusted OIBDA
TDS Telecom
- Making move on objective to bring 125,000 fiber provider addresses in 2024
- Grew general 12 months over 12 months provider cope with footprint 10%
- Delivered 27,000 fiber products and services addresses in Q2
- Working revenues grew 4%; residential income enlargement of seven%
- Residential broadband connections grew 5% because of broadband investments
- Residential ARPU grew 5% because of value will increase
- Robust internet source of revenue and Adjusted EBITDA enlargement
* Comparisons are 2Q’23 to 2Q’24 until in a different way famous
“TDS is working to optimize our portfolio of businesses to position the Company for future success,” stated LeRoy T. Carlson, Jr., TDS President and CEO. “All over the second one quarter, we introduced transactions relating to each UScellular and OneNeck IT Answers that we look ahead to will boost up success of our strategic targets. We stay desirous about successfully running all our companies and serving our shoppers with high quality communications products and services, generation we paintings in opposition to effectively latter those transactions and embellishing the efficiency of our ongoing companies.
“In Q2, UScellular remained desirous about balancing subscriber enlargement with monetary self-discipline and reported cast ARPU enlargement, excellent expense self-discipline, and stepped forward profitability – all combining to generate upper detached coins stream. Future postpaid handset subscribers declined within the quarter, UScellular noticed a go back to subscriber enlargement in pay as you go and secure enlargement in fastened wi-fi.
“TDS Telecom reported another quarter of notable growth in revenue and profitability as a result of its broadband investments. TDS Telecom added an additional 27,000 marketable fiber service addresses and is making good progress on its long-term goal of 1.2 million marketable fiber service addresses.”
Introduced Transaction and Exploration of Strategic Possible choices for UScellular
On Might 28, 2024, Phone and Information Methods, Inc. (TDS) and UScellular introduced that they have got entered right into a definitive guarantee to promote UScellular’s wi-fi operations and make a selection spectrum belongings to T-Cellular. The transaction is predicted to near in mid-2025, matter to regulatory approvals and the delight of standard latter situations.
UScellular keeps its just about 4,400 owned towers, its fairness mode investments, and roughly 70% of its spectrum belongings. The strategic possible choices evaluate procedure is ongoing as UScellular seeks to opportunistically monetize its spectrum belongings that aren’t matter to the T-Cellular transaction.
2024 Estimated Effects
TDS’ new estimates of full-year 2024 effects for UScellular and TDS Telecom are proven under. Such estimates constitute control’s view as of August 2, 2024 and will have to now not be assumed to be new as of any age year. TDS undertakes incorrect responsibility to replace such estimates, whether or not because of brandnew knowledge, age occasions, or in a different way. There can also be incorrect agreement that ultimate effects won’t fluctuate materially from estimated effects.
|
2024 Estimated Effects |
||
|
UScellular |
Earlier |
Stream |
|
(Bucks in thousands and thousands) |
||
|
Provider revenues |
$2,950-$3,050 |
Unchanged |
|
Adjusted OIBDA1, 2 |
$750-$850 |
Unchanged |
|
Adjusted EBITDA1, 2 |
$920-$1,020 |
Unchanged |
|
Capital expenditures |
$550-$650 |
Unchanged |
|
TDS Telecom |
Earlier |
Stream |
|
(Bucks in thousands and thousands) |
||
|
Overall running revenues |
$1,070-$1,100 |
$1,050-$1,080 |
|
Adjusted OIBDA1 |
$310-$340 |
$330-$360 |
|
Adjusted EBITDA1 |
$310-$340 |
$330-$360 |
|
Capital expenditures |
$310-$340 |
Unchanged |
Please see tables reconcile EBITDA, Adjusted EBITDA and Adjusted OIBDA to the corresponding GAAP measures, Internet source of revenue or Source of revenue earlier than source of revenue taxes. In offering 2024 estimated effects, TDS has now not finished the under reconciliation to Internet source of revenue as it does now not serve steerage for source of revenue taxes. Even though doubtlessly important, TDS believes that the affect of source of revenue taxes can’t be slightly predicted; subsequently, TDS is not able to serve such steerage.
|
2024 Estimated Effects2 |
|||
|
UScellular |
TDS Telecom |
||
|
(Bucks in thousands and thousands) |
|||
|
Internet source of revenue (GAAP) |
N/A |
N/A |
|
|
Upload again: |
|||
|
Source of revenue tax expense |
N/A |
N/A |
|
|
Source of revenue earlier than source of revenue taxes (GAAP) |
$60-$160 |
$60-$90 |
|
|
Upload again: |
|||
|
Pastime expense |
185 |
— |
|
|
Depreciation, amortization and accretion expense |
660 |
270 |
|
|
EBITDA (Non-GAAP)1 |
$905-$1,005 |
$330-$360 |
|
|
Upload again or deduct: |
|||
|
(Achieve) loss on asset disposals, internet |
15 |
— |
|
|
Adjusted EBITDA (Non-GAAP)1 |
$920-$1,020 |
$330-$360 |
|
|
Deduct: |
|||
|
Fairness in profits of unconsolidated entities |
155 |
— |
|
|
Pastime and dividend source of revenue |
15 |
— |
|
|
Adjusted OIBDA (Non-GAAP)1 |
$750-$850 |
$330-$360 |
|
|
Fresh Effects |
|||||||
|
Six Months Ended June 30, 2024 |
Era Ended December 31, 2023 |
||||||
|
UScellular |
TDS Telecom |
UScellular |
TDS Telecom |
||||
|
(Bucks in thousands and thousands) |
|||||||
|
Internet source of revenue (loss) (GAAP) |
$ 42 |
$ 42 |
$ 58 |
$ (483) |
|||
|
Upload again: |
|||||||
|
Source of revenue tax expense (get advantages) |
41 |
10 |
53 |
(26) |
|||
|
Source of revenue (loss) earlier than source of revenue taxes (GAAP) |
$ 83 |
$ 52 |
$ 111 |
$ (509) |
|||
|
Upload again: |
|||||||
|
Pastime expense |
91 |
(2) |
196 |
(8) |
|||
|
Depreciation, amortization and accretion expense |
329 |
131 |
656 |
245 |
|||
|
EBITDA (Non-GAAP)1 |
$ 503 |
$ 181 |
$ 963 |
$ (272) |
|||
|
Upload again or deduct: |
|||||||
|
Bills alike to strategic possible choices evaluate |
21 |
— |
8 |
— |
|||
|
Loss on impairment of kindness |
— |
— |
— |
547 |
|||
|
(Achieve) loss on asset disposals, internet |
11 |
6 |
17 |
10 |
|||
|
(Achieve) loss on license gross sales and exchanges, internet |
7 |
— |
(2) |
— |
|||
|
Adjusted EBITDA (Non-GAAP)1 |
$ 542 |
$ 187 |
$ 986 |
$ 285 |
|||
|
Deduct: |
|||||||
|
Fairness in profits of unconsolidated entities |
80 |
— |
158 |
— |
|||
|
Pastime and dividend source of revenue |
6 |
2 |
10 |
4 |
|||
|
Alternative, internet |
— |
2 |
— |
2 |
|||
|
Adjusted OIBDA (Non-GAAP)1 |
$ 456 |
$ 183 |
$ 818 |
$ 279 |
|||
|
Numbers would possibly not understructure because of rounding. |
|
|
1 |
EBITDA, Adjusted EBITDA and Adjusted OIBDA are outlined as internet source of revenue adjusted for the pieces i’m ready forth within the reconciliation above. EBITDA, Adjusted EBITDA and Adjusted OIBDA aren’t measures of monetary efficiency underneath Normally Authorised Accounting Ideas in the US (GAAP) and will have to now not be regarded as as possible choices to Internet source of revenue or Money flows from running actions, as signs of money flows or as measures of liquidity. TDS does now not intend to suggest that such a pieces i’m ready forth within the reconciliation above are rare or odd; such pieces might happen going forward. Control makes use of Adjusted EBITDA and Adjusted OIBDA as measurements of profitability, and subsequently reconciliations to Internet source of revenue are deemed suitable. Control believes Adjusted EBITDA and Adjusted OIBDA are helpful measures of TDS’ running effects earlier than important habitual non-cash fees, nonrecurring bills, beneficial properties and losses, and alternative pieces as introduced above as they serve spare related and helpful knowledge to traders and alternative customers of TDS’ monetary information in comparing the effectiveness of its operations and underlying industry tendencies in a fashion this is in line with control’s analysis of commercial efficiency. Adjusted EBITDA presentations adjusted profits earlier than passion, taxes, depreciation, amortization and accretion, beneficial properties and losses, and bills alike to the strategic possible choices evaluate of UScellular generation Adjusted OIBDA reduces this measure additional to exclude Fairness in profits of unconsolidated entities and Pastime and dividend source of revenue to bring to extra successfully display the efficiency of running actions with the exception of funding actions. The desk above reconciles EBITDA, Adjusted EBITDA and Adjusted OIBDA to the corresponding GAAP measure, Internet source of revenue or Source of revenue earlier than source of revenue taxes. Spare knowledge and reconciliations alike to Non-GAAP monetary measures for June 30, 2024, can also be discovered on TDS’ web page at traders.tdsinc.com. |
|
2 |
2024 Estimated Effects don’t mirror any expected prices, bills or result of the strategic possible choices evaluate referenced above. |
Convention Name Knowledge
TDS will book a convention name on August 2, 2024 at 9:00 a.m. Central While.
Ahead of the decision, sure monetary and statistical knowledge to be mentioned right through the decision might be posted to traders.tdsinc.com. The decision might be archived at the Occasions & Shows web page of traders.tdsinc.com.
About TDS
Phone and Information Methods, Inc. (TDS) supplies wi-fi; broadband, video and resonance; and hosted and controlled products and services to roughly 6 million connections national thru its companies, UScellular, TDS Telecom, and OneNeck IT Answers. Based in 1969 and headquartered in Chicago, TDS hired roughly 8,500 pals as of June 30, 2024.
Seek advice from traders.tdsinc.com for complete monetary knowledge, together with profits releases, quarterly and annual filings, shareholder knowledge and extra.
Defend Harbor Observation Beneath the Non-public Securities Litigation Reform Function of 1995: All knowledge i’m ready forth on this information let go, excluding ancient and factual knowledge, represents forward-looking statements. This contains all statements in regards to the corporation’s plans, ideals, estimates, and expectancies. Those statements are in accordance with new estimates, projections, and suppositions, which contain sure dangers and uncertainties that might purpose latest effects to fluctuate materially from the ones within the forward-looking statements. Remarkable components that can impact those forward-looking statements come with, however aren’t restricted to: whether or not the introduced transaction wherein UScellular has assuredly to promote its wi-fi operations and decided on spectrum belongings to T-Cellular might be effectively finished or whether or not UScellular will be capable to in finding consumers at mutually agreeable costs for its spectrum belongings that aren’t matter to the guarantee with T-Cellular; whether or not such a strategic supplementary will lead to spare price for TDS or its shareholders and whether or not the method can have an adversarial affect on TDS’ companies; strategic choices in regards to the tower industry; intense pageant; the facility to acquire or preserve roaming preparations with alternative carriers on applicable phrases and adjustments in roaming practices; the facility to acquire get admission to to sufficient radio spectrum to satisfy new or expected age wishes, together with participation in FCC auctions; the facility to draw public of remarkable ability all over all ranges of the group; TDS’ smaller scale relative to greater competition; adjustments in call for, shopper personal tastes and perceptions, price battle, or churn charges; advances in generation; affects of prices, integration issues or alternative components related to acquisitions, divestitures or exchanges of homes or wi-fi spectrum licenses and/or enlargement of TDS’ companies; the facility of the corporate to effectively make and lead its networks; difficulties involving 3rd events with which TDS does industry; uncertainties in TDS’ age coins flows and liquidity and get admission to to the capital markets; the facility to create bills on TDS and UScellular indebtedness or agree to the phrases of debt covenants; the impact on TDS’ industry if the collateral securing its fix word mortgage is foreclosed upon; situations within the U.S. telecommunications trade; the price of belongings and investments; the atmosphere and federal regulatory climate, together with adjustments in regulatory assistance gained and the facility to go thru sure regulatory charges to shoppers; pending and age litigation; cyber-attacks or alternative breaches of community or knowledge generation safety; regulate by means of the TDS Balloting Agree with; disruption in credit score or alternative monetary markets; deterioration of U.S. or world financial situations; and the affect, length and severity of community fitness emergencies. Buyers are inspired to believe those and alternative dangers and uncertainties which are extra totally described underneath “Risk Factors” in the latest submitting of TDS’ Method 10-Ok, as up to date by means of any TDS Method 10-Q filed next to such Method 10-Ok.
For more info about TDS and its subsidiaries, talk over with:
TDS: www.tdsinc.com
UScellular: www.uscellular.com
TDS Telecom: www.tdstelecom.com
OneNeck IT Answers: www.oneneck.com
|
United States Cell Company |
|||||||||
|
Abstract Working Information (Unaudited) |
|||||||||
|
As of or for the Quarter Ended |
6/30/2024 |
3/31/2024 |
12/31/2023 |
9/30/2023 |
6/30/2023 |
||||
|
Retail Connections |
|||||||||
|
Postpaid |
|||||||||
|
Overall at finish of duration1 |
4,027,000 |
4,051,000 |
4,106,000 |
4,159,000 |
4,194,000 |
||||
|
Improper additions |
117,000 |
106,000 |
129,000 |
128,000 |
125,000 |
||||
|
Handsets |
73,000 |
63,000 |
80,000 |
84,000 |
83,000 |
||||
|
Hooked up units |
44,000 |
43,000 |
49,000 |
44,000 |
42,000 |
||||
|
Internet additions (losses)1 |
(24,000) |
(44,000) |
(50,000) |
(35,000) |
(28,000) |
||||
|
Handsets |
(29,000) |
(47,000) |
(53,000) |
(38,000) |
(29,000) |
||||
|
Hooked up units |
5,000 |
3,000 |
3,000 |
3,000 |
1,000 |
||||
|
ARPU2 |
$ 51.45 |
$ 51.96 |
$ 51.61 |
$ 51.11 |
$ 50.64 |
||||
|
ARPA3 |
$ 130.41 |
$ 132.00 |
$ 131.63 |
$ 130.91 |
$ 130.19 |
||||
|
Handset improve price4 |
4.1 % |
4.5 % |
5.8 % |
4.5 % |
4.8 % |
||||
|
Churn price5 |
1.16 % |
1.22 % |
1.44 % |
1.30 % |
1.21 % |
||||
|
Handsets |
0.97 % |
1.03 % |
1.22 % |
1.11 % |
1.01 % |
||||
|
Hooked up units |
2.47 % |
2.52 % |
3.03 % |
2.64 % |
2.65 % |
||||
|
Pay as you go |
|||||||||
|
Overall at finish of duration1 |
439,000 |
436,000 |
451,000 |
462,000 |
462,000 |
||||
|
Improper additions |
50,000 |
41,000 |
43,000 |
52,000 |
50,000 |
||||
|
Internet additions (losses)1 |
3,000 |
(13,000) |
(11,000) |
— |
(8,000) |
||||
|
ARPU2, 6 |
$ 32.37 |
$ 32.25 |
$ 32.32 |
$ 33.44 |
$ 33.86 |
||||
|
Churn price5 |
3.60 % |
4.06 % |
3.87 % |
3.68 % |
4.18 % |
||||
|
Marketplace penetration at finish of duration |
|||||||||
|
Consolidated running family |
32,550,000 |
32,550,000 |
32,350,000 |
32,350,000 |
32,350,000 |
||||
|
Consolidated running penetration7 |
15 % |
14 % |
15 % |
15 % |
15 % |
||||
|
Capital expenditures (thousands and thousands) |
$ 165 |
$ 131 |
$ 148 |
$ 111 |
$ 143 |
||||
|
Overall cellular websites in provider |
6,990 |
6,995 |
7,000 |
6,973 |
6,952 |
||||
|
Owned towers |
4,388 |
4,382 |
4,373 |
4,356 |
4,341 |
||||
|
1 |
First quarter 2024 connections had been adjusted to take away subscribers that might not get admission to the UScellular community because of the CDMA shutdown. This ended in 11,000 and a couple of,000 subscribers got rid of from the postpaid and pay as you go bottom, respectively, that aren’t incorporated in Internet additions (losses) for the quarter. |
|
2 |
Moderate Income Consistent with Consumer (ARPU) – metric is calculated by means of dividing a income bottom by means of a median selection of connections and by means of the selection of months within the duration. Those income bases and connection populations are proven under: |
|
• Postpaid ARPU is composed of general postpaid provider revenues and postpaid connections. |
|
|
• Pay as you go ARPU is composed of general pay as you go provider revenues and pay as you go connections. |
|
|
3 |
Moderate Income Consistent with Account (ARPA) – metric is calculated by means of dividing general postpaid provider revenues by means of the common selection of postpaid accounts and by means of the selection of months within the duration. |
|
4 |
Handset improve price calculated as general handset improve transactions divided by means of moderate postpaid handset connections. |
|
5 |
Churn price represents the share of the connections that disconnect provider every generation. Those charges constitute the common per 30 days churn price for every respective duration. |
|
6 |
Fourth quarter 2023 Pay as you go ARPU excludes a $6 million aid of pay as you go income alike to an adjustment to right kind a previous duration error recorded within the fourth quarter of 2023. |
|
7 |
Marketplace penetration is calculated by means of dividing the selection of wi-fi connections on the finish of the duration by means of the whole estimated family of consolidated running markets. |
|
TDS Telecom |
|||||||||
|
Abstract Working Information (Unaudited) |
|||||||||
|
As of or for the Quarter Ended |
6/30/2024 |
3/31/2024 |
12/31/2023 |
9/30/2023 |
6/30/2023 |
||||
|
Residential connections |
|||||||||
|
Broadband |
|||||||||
|
Incumbent |
243,700 |
245,100 |
244,800 |
248,800 |
249,200 |
||||
|
Growth |
107,800 |
100,400 |
92,200 |
79,400 |
70,200 |
||||
|
Cable |
198,500 |
202,400 |
202,900 |
204,400 |
204,200 |
||||
|
Overall Broadband1 |
550,000 |
547,900 |
539,800 |
532,600 |
523,600 |
||||
|
Video |
124,800 |
128,800 |
131,500 |
132,400 |
132,300 |
||||
|
Accentuation |
275,600 |
279,400 |
281,600 |
284,000 |
288,200 |
||||
|
Overall Residential connections |
950,400 |
956,100 |
952,900 |
949,000 |
944,100 |
||||
|
Business connections |
201,500 |
206,200 |
210,200 |
217,400 |
223,300 |
||||
|
Overall connections |
1,152,000 |
1,162,200 |
1,163,100 |
1,166,400 |
1,167,400 |
||||
|
Residential income in line with connection2 |
$ 65.26 |
$ 64.58 |
$ 62.74 |
$ 62.15 |
$ 61.97 |
||||
|
Capital expenditures (thousands and thousands) |
$ 78 |
$ 87 |
$ 143 |
$ 172 |
$ 132 |
||||
|
Numbers would possibly not understructure because of rounding. |
|
|
1 |
Overall residential broadband connections larger by means of 8,100 right through the 3 months ended March 31, 2024, due essentially to internet additions of 6,400 in addition to sure alternative changes. |
|
2 |
Overall residential income in line with connection is calculated by means of dividing general residential income by means of the common selection of residential connections and by means of the selection of months within the duration. |
|
Phone and Information Methods, Inc. |
|||||||||||
|
Consolidated Observation of Operations Highlights |
|||||||||||
|
(Unaudited) |
|||||||||||
|
3 Months Ended June 30, |
Six Months Ended June 30, |
||||||||||
|
2024 |
2023 |
2024 vs. 2023 |
2024 |
2023 |
2024 vs. 2023 |
||||||
|
(Bucks and stocks in thousands and thousands, excluding in line with percentage quantities) |
|||||||||||
|
Working revenues |
|||||||||||
|
UScellular |
$ 927 |
$ 957 |
(3) % |
$ 1,877 |
$ 1,942 |
(3) % |
|||||
|
TDS Telecom |
267 |
257 |
4 % |
534 |
510 |
5 % |
|||||
|
All Alternative1 |
44 |
53 |
(19) % |
89 |
118 |
(24) % |
|||||
|
1,238 |
1,267 |
(2) % |
2,500 |
2,570 |
(3) % |
||||||
|
Working bills |
|||||||||||
|
UScellular |
|||||||||||
|
Bills with the exception of depreciation, amortization and accretion |
713 |
759 |
(6) % |
1,442 |
1,538 |
(6) % |
|||||
|
Depreciation, amortization and accretion |
165 |
161 |
2 % |
329 |
330 |
— |
|||||
|
(Achieve) loss on asset disposals, internet |
5 |
3 |
49 % |
11 |
13 |
(19) % |
|||||
|
(Achieve) loss on license gross sales and exchanges, internet |
8 |
— |
N/M |
7 |
— |
N/M |
|||||
|
891 |
923 |
(3) % |
1,789 |
1,881 |
(5) % |
||||||
|
TDS Telecom |
|||||||||||
|
Bills with the exception of depreciation, amortization and accretion |
178 |
189 |
(6) % |
351 |
374 |
(6) % |
|||||
|
Depreciation, amortization and accretion |
67 |
60 |
11 % |
131 |
119 |
10 % |
|||||
|
(Achieve) loss on asset disposals, internet |
4 |
2 |
N/M |
6 |
3 |
N/M |
|||||
|
248 |
251 |
(1) % |
488 |
496 |
(1) % |
||||||
|
All Alternative1 |
|||||||||||
|
Bills with the exception of depreciation and amortization |
58 |
56 |
— |
111 |
124 |
(11) % |
|||||
|
Depreciation and amortization |
1 |
4 |
(34) % |
7 |
7 |
(24) % |
|||||
|
(Achieve) loss on asset disposals, internet |
— |
— |
(95) % |
(1) |
— |
N/M |
|||||
|
60 |
60 |
(2) % |
117 |
131 |
(11) % |
||||||
|
Overall running bills |
1,199 |
1,234 |
(3) % |
2,394 |
2,508 |
(5) % |
|||||
|
Working source of revenue (loss) |
|||||||||||
|
UScellular |
36 |
34 |
6 % |
88 |
61 |
44 % |
|||||
|
TDS Telecom |
19 |
7 |
N/M |
46 |
15 |
N/M |
|||||
|
All Alternative1 |
(16) |
(8) |
N/M |
(28) |
(14) |
N/M |
|||||
|
39 |
33 |
17 % |
106 |
62 |
72 % |
||||||
|
Funding and alternative source of revenue (expense) |
|||||||||||
|
Fairness in profits of unconsolidated entities |
39 |
38 |
3 % |
82 |
82 |
— |
|||||
|
Pastime and dividend source of revenue |
7 |
6 |
28 % |
12 |
11 |
13 % |
|||||
|
Pastime expense |
(73) |
(62) |
(18) % |
(131) |
(116) |
(14) % |
|||||
|
Alternative, internet |
1 |
— |
N/M |
2 |
1 |
N/M |
|||||
|
Overall funding and alternative expense |
(26) |
(18) |
(42) % |
(35) |
(22) |
(62) % |
|||||
|
Source of revenue earlier than source of revenue taxes |
13 |
15 |
(13) % |
71 |
40 |
77 % |
|||||
|
Source of revenue tax expense |
6 |
15 |
(57) % |
26 |
28 |
(8) % |
|||||
|
Internet source of revenue |
7 |
— |
N/M |
45 |
12 |
N/M |
|||||
|
Much less: Internet source of revenue due to noncontrolling pursuits, internet of tax |
4 |
2 |
N/M |
13 |
6 |
N/M |
|||||
|
Internet source of revenue (loss) due to TDS shareholders |
3 |
(2) |
N/M |
32 |
6 |
N/M |
|||||
|
TDS Most well-liked Percentage dividends |
17 |
17 |
— |
35 |
35 |
— |
|||||
|
Internet source of revenue (loss) due to TDS usual shareholders |
$ (14) |
$ (19) |
24 % |
$ (3) |
$ (29) |
91 % |
|||||
|
Ordinary weighted moderate stocks exceptional |
114 |
113 |
1 % |
113 |
113 |
1 % |
|||||
|
Ordinary profits (loss) in line with percentage due to TDS usual shareholders |
$ (0.13) |
$ (0.17) |
25 % |
$ (0.02) |
$ (0.25) |
91 % |
|||||
|
Diluted weighted moderate stocks exceptional |
114 |
113 |
1 % |
113 |
113 |
1 % |
|||||
|
Diluted profits (loss) in line with percentage due to TDS usual shareholders |
$ (0.13) |
$ (0.17) |
23 % |
$ (0.03) |
$ (0.25) |
89 % |
|||||
|
N/M – Proportion exchange now not significant. |
|
|
Numbers would possibly not understructure because of rounding. |
|
|
1 |
Is composed of TDS company, intercompany eliminations and all alternative industry operations now not incorporated within the UScellular and TDS Telecom departments. |
|
Phone and Information Methods, Inc. |
|||
|
Consolidated Observation of Money Flows |
|||
|
(Unaudited) |
|||
|
Six Months Ended June 30, |
|||
|
2024 |
2023 |
||
|
(Bucks in thousands and thousands) |
|||
|
Money flows from running actions |
|||
|
Internet source of revenue |
$ 45 |
$ 12 |
|
|
Upload (deduct) changes to reconcile internet source of revenue to internet coins flows from running actions |
|||
|
Depreciation, amortization and accretion |
467 |
456 |
|
|
Unholy money owed expense |
51 |
53 |
|
|
Accumulation-based reimbursement expense |
29 |
14 |
|
|
Deferred source of revenue taxes, internet |
16 |
22 |
|
|
Fairness in profits of unconsolidated entities |
(82) |
(82) |
|
|
Distributions from unconsolidated entities |
80 |
78 |
|
|
(Achieve) loss on asset disposals, internet |
16 |
16 |
|
|
(Achieve) loss on license gross sales and exchanges, internet |
7 |
— |
|
|
Alternative running actions |
5 |
4 |
|
|
Adjustments in belongings and liabilities from operations |
|||
|
Accounts receivable |
6 |
19 |
|
|
Apparatus installment plans receivable |
5 |
7 |
|
|
Stock |
54 |
52 |
|
|
Accounts payable |
(14) |
(124) |
|
|
Buyer deposits and deferred revenues |
7 |
(9) |
|
|
Amassed taxes |
7 |
56 |
|
|
Amassed passion |
5 |
(1) |
|
|
Alternative belongings and liabilities |
(78) |
(59) |
|
|
Internet coins supplied by means of running actions |
626 |
514 |
|
|
Money flows from making an investment actions |
|||
|
Money paid for additions to detail, plant and gear |
(451) |
(629) |
|
|
Money paid for intangible belongings |
(15) |
(8) |
|
|
Alternative making an investment actions |
1 |
8 |
|
|
Internet coins impaired in making an investment actions |
(465) |
(629) |
|
|
Money flows from financing actions |
|||
|
Issuance of long-term debt |
440 |
391 |
|
|
Compensation of long-term debt |
(401) |
(209) |
|
|
Compensation of momentary debt |
— |
(60) |
|
|
Tax bills for TDS stock-based reimbursement awards |
(10) |
(3) |
|
|
Tax bills for UScellular stock-based reimbursement awards |
(12) |
(6) |
|
|
Repurchase of TDS Regular Stocks |
— |
(6) |
|
|
Dividends paid to TDS shareholders |
(61) |
(76) |
|
|
Fee of debt issuance prices |
(16) |
— |
|
|
Distributions to noncontrolling pursuits |
(3) |
(2) |
|
|
Money paid for instrument license contracts |
(21) |
(20) |
|
|
Alternative financing actions |
(1) |
— |
|
|
Internet coins supplied by means of (impaired in) financing actions |
(85) |
9 |
|
|
Internet building up (trim) in coins, coins equivalents and limited coins |
76 |
(106) |
|
|
Money, coins equivalents and limited coins |
|||
|
Starting of duration |
270 |
399 |
|
|
Finish of duration |
$ 346 |
$ 293 |
|
|
Phone and Information Methods, Inc. |
|||
|
Consolidated Stability Sheet Highlights |
|||
|
(Unaudited) |
|||
|
ASSETS |
|||
|
June 30, 2024 |
December 31, 2023 |
||
|
(Bucks in thousands and thousands) |
|||
|
Stream belongings |
|||
|
Money and coins equivalents |
$ 322 |
$ 236 |
|
|
Accounts receivable, internet |
1,037 |
1,074 |
|
|
Stock, internet |
148 |
208 |
|
|
Pay as you go bills |
88 |
86 |
|
|
Source of revenue taxes receivable |
4 |
4 |
|
|
Alternative new belongings |
42 |
52 |
|
|
Overall new belongings |
1,641 |
1,660 |
|
|
Property held on the market |
120 |
15 |
|
|
Licenses |
4,724 |
4,702 |
|
|
Alternative intangible belongings, internet |
173 |
183 |
|
|
Investments in unconsolidated entities |
507 |
505 |
|
|
Quality, plant and apparatus, internet |
4,988 |
5,062 |
|
|
Working hire right-of-use belongings |
966 |
987 |
|
|
Alternative belongings and deferred fees |
753 |
807 |
|
|
Overall belongings |
$ 13,872 |
$ 13,921 |
|
|
Phone and Information Methods, Inc. |
|||
|
Consolidated Stability Sheet Highlights |
|||
|
(Unaudited) |
|||
|
LIABILITIES AND EQUITY |
|||
|
June 30, 2024 |
December 31, 2023 |
||
|
(Bucks in thousands and thousands, excluding in line with percentage quantities) |
|||
|
Stream liabilities |
|||
|
Stream portion of long-term debt |
$ 29 |
$ 26 |
|
|
Accounts payable |
327 |
360 |
|
|
Buyer deposits and deferred revenues |
282 |
277 |
|
|
Amassed passion |
17 |
12 |
|
|
Amassed taxes |
43 |
43 |
|
|
Amassed reimbursement |
94 |
149 |
|
|
Decrease-term running hire liabilities |
145 |
147 |
|
|
Alternative new liabilities |
149 |
170 |
|
|
Overall new liabilities |
1,086 |
1,184 |
|
|
Liabilities held on the market |
34 |
— |
|
|
Deferred liabilities and credit |
|||
|
Deferred source of revenue tax legal responsibility, internet |
992 |
975 |
|
|
Lengthy-term running hire liabilities |
873 |
890 |
|
|
Alternative deferred liabilities and credit |
786 |
784 |
|
|
Lengthy-term debt, internet |
4,103 |
4,080 |
|
|
Noncontrolling pursuits with redemption options |
16 |
12 |
|
|
Fairness |
|||
|
TDS shareholders’ fairness |
|||
|
Line A Regular and Regular Stocks, par price $0.01 in line with percentage |
1 |
1 |
|
|
Capital in huge of par price |
2,542 |
2,558 |
|
|
Most well-liked Stocks, par price $0.01 in line with percentage |
1,074 |
1,074 |
|
|
Treasury stocks, at value |
(437) |
(465) |
|
|
Amassed alternative complete source of revenue |
11 |
11 |
|
|
Retained profits |
1,957 |
2,023 |
|
|
Overall TDS shareholders’ fairness |
5,148 |
5,202 |
|
|
Noncontrolling pursuits |
834 |
794 |
|
|
Overall fairness |
5,982 |
5,996 |
|
|
Overall liabilities and fairness |
$ 13,872 |
$ 13,921 |
|
|
Stability Sheet Highlights |
|||||||||
|
(Unaudited) |
|||||||||
|
June 30, 2024 |
|||||||||
|
TDS |
TDS |
Intercompany |
TDS |
||||||
|
UScellular |
Telecom |
& Alternative |
Eliminations |
Consolidated |
|||||
|
(Bucks in thousands and thousands) |
|||||||||
|
Money and coins equivalents |
$ 195 |
$ 58 |
$ 125 |
$ (56) |
$ 322 |
||||
|
Licenses and alternative intangible belongings |
$ 4,715 |
$ 177 |
$ 5 |
$ — |
$ 4,897 |
||||
|
Funding in unconsolidated entities |
461 |
4 |
49 |
(7) |
507 |
||||
|
$ 5,176 |
$ 181 |
$ 54 |
$ (7) |
$ 5,404 |
|||||
|
Quality, plant and gear, internet |
$ 2,540 |
$ 2,429 |
$ 19 |
$ — |
$ 4,988 |
||||
|
Lengthy-term debt, internet: |
|||||||||
|
Stream portion |
$ 20 |
$ — |
$ 9 |
$ — |
$ 29 |
||||
|
Non-current portion |
2,887 |
3 |
1,213 |
— |
4,103 |
||||
|
$ 2,907 |
$ 3 |
$ 1,222 |
$ — |
$ 4,132 |
|||||
|
United States Cell Company Area Effects (Unaudited) |
|||||||||||
|
3 Months Ended June 30, |
Six Months Ended |
||||||||||
|
UScellular |
2024 |
2023 |
2024 |
2024 |
2023 |
2024 vs. 2023 |
|||||
|
(Bucks in thousands and thousands) |
|||||||||||
|
Working Revenues |
|||||||||||
|
Wi-fi |
$ 902 |
$ 932 |
(3) % |
$ 1,826 |
$ 1,892 |
(3) % |
|||||
|
Towers |
58 |
57 |
3 % |
116 |
113 |
3 % |
|||||
|
Intra-company eliminations |
(33) |
(32) |
(4) % |
(65) |
(63) |
(3) % |
|||||
|
Overall running revenues |
927 |
957 |
(3) % |
1,877 |
1,942 |
(3) % |
|||||
|
Working bills |
|||||||||||
|
Wi-fi |
885 |
916 |
(3) % |
1,779 |
1,868 |
(5) % |
|||||
|
Towers |
39 |
39 |
1 % |
75 |
76 |
(1) % |
|||||
|
Intra-company eliminations |
(33) |
(32) |
(4) % |
(65) |
(63) |
(3) % |
|||||
|
Overall running bills |
891 |
923 |
(3) % |
1,789 |
1,881 |
(5) % |
|||||
|
Working source of revenue |
$ 36 |
$ 34 |
6 % |
$ 88 |
$ 61 |
44 % |
|||||
|
Adjusted OIBDA (Non-GAAP) |
$ 227 |
$ 198 |
14 % |
$ 456 |
$ 404 |
13 % |
|||||
|
Adjusted EBITDA (Non-GAAP) |
$ 268 |
$ 239 |
13 % |
$ 542 |
$ 491 |
10 % |
|||||
|
Capital expenditures |
$ 165 |
$ 143 |
15 % |
$ 295 |
$ 351 |
(16) % |
|||||
|
3 Months Ended June 30, |
Six Months Ended |
||||||||||
|
UScellular Wi-fi |
2024 |
2023 |
2024 |
2024 |
2023 |
2024 vs. 2023 |
|||||
|
(Bucks in thousands and thousands) |
|||||||||||
|
Retail provider |
$ 666 |
$ 686 |
(3) % |
$ 1,344 |
$ 1,378 |
(2) % |
|||||
|
Alternative |
52 |
49 |
7 % |
102 |
99 |
3 % |
|||||
|
Provider revenues |
718 |
735 |
(2) % |
1,446 |
1,477 |
(2) % |
|||||
|
Apparatus gross sales |
184 |
197 |
(6) % |
380 |
415 |
(9) % |
|||||
|
Overall running revenues |
902 |
932 |
(3) % |
1,826 |
1,892 |
(3) % |
|||||
|
Device operations (with the exception of Depreciation, amortization and accretion reported under) |
194 |
203 |
(4) % |
390 |
398 |
(2) % |
|||||
|
Value of kit bought |
211 |
228 |
(7) % |
427 |
480 |
(11) % |
|||||
|
Promoting, common and administrative |
313 |
333 |
(6) % |
637 |
670 |
(5) % |
|||||
|
Depreciation, amortization and accretion |
154 |
149 |
3 % |
308 |
307 |
— |
|||||
|
(Achieve) loss on asset disposals, internet |
5 |
3 |
40 % |
10 |
13 |
(23) % |
|||||
|
(Achieve) loss on license gross sales and exchanges, internet |
8 |
— |
N/M |
7 |
— |
N/M |
|||||
|
Overall running bills |
885 |
916 |
(3) % |
1,779 |
1,868 |
(5) % |
|||||
|
Working source of revenue |
$ 17 |
$ 16 |
5 % |
$ 47 |
$ 24 |
97 % |
|||||
|
Adjusted OIBDA (Non-GAAP) |
$ 196 |
$ 168 |
16 % |
$ 392 |
$ 344 |
14 % |
|||||
|
Adjusted EBITDA (Non-GAAP) |
$ 196 |
$ 168 |
16 % |
$ 392 |
$ 344 |
14 % |
|||||
|
Capital expenditures |
$ 160 |
$ 140 |
13 % |
$ 286 |
$ 346 |
(17) % |
|||||
|
N/M – Proportion exchange now not significant |
|
United States Cell Company Area Effects (Unaudited) |
|||||||||||
|
3 Months Ended June 30, |
Six Months Ended |
||||||||||
|
UScellular Towers |
2024 |
2023 |
2024 |
2024 |
2023 |
2024 vs. 2023 |
|||||
|
(Bucks in thousands and thousands) |
|||||||||||
|
3rd-party revenues |
$ 25 |
$ 25 |
1 % |
$ 51 |
$ 50 |
2 % |
|||||
|
Intra-company revenues |
33 |
32 |
4 % |
65 |
63 |
3 % |
|||||
|
Overall tower revenues |
58 |
57 |
3 % |
116 |
113 |
3 % |
|||||
|
Device operations (with the exception of Depreciation, amortization and accretion reported under) |
19 |
19 |
(1) % |
37 |
37 |
1 % |
|||||
|
Promoting, common and administrative |
9 |
8 |
8 % |
16 |
16 |
(3) % |
|||||
|
Depreciation, amortization and accretion |
11 |
12 |
(5) % |
21 |
23 |
(5) % |
|||||
|
(Achieve) loss on asset disposals, internet |
— |
— |
N/M |
1 |
— |
N/M |
|||||
|
Overall running bills |
39 |
39 |
1 % |
75 |
76 |
(1) % |
|||||
|
Working source of revenue |
$ 19 |
$ 18 |
7 % |
$ 41 |
$ 37 |
10 % |
|||||
|
Adjusted OIBDA (Non-GAAP) |
$ 31 |
$ 30 |
6 % |
$ 64 |
$ 60 |
7 % |
|||||
|
Adjusted EBITDA (Non-GAAP) |
$ 31 |
$ 30 |
6 % |
$ 64 |
$ 60 |
7 % |
|||||
|
Capital expenditures |
$ 5 |
$ 3 |
N/M |
$ 9 |
$ 5 |
89 % |
|||||
|
N/M – Proportion exchange now not significant |
|
TDS Telecom Highlights |
|||||||||||
|
(Unaudited) |
|||||||||||
|
3 Months Ended June 30, |
Six Months Ended June 30, |
||||||||||
|
2024 |
2023 |
2024 vs. 2023 |
2024 |
2023 |
2024 vs. 2023 |
||||||
|
(Bucks in thousands and thousands) |
|||||||||||
|
Working revenues |
|||||||||||
|
Residential |
|||||||||||
|
Incumbent |
$ 90 |
$ 89 |
1 % |
$ 180 |
$ 175 |
3 % |
|||||
|
Growth |
28 |
18 |
60 % |
54 |
33 |
65 % |
|||||
|
Cable |
69 |
68 |
1 % |
138 |
136 |
2 % |
|||||
|
Overall residential |
186 |
175 |
7 % |
372 |
344 |
8 % |
|||||
|
Business |
37 |
39 |
(6) % |
74 |
80 |
(8) % |
|||||
|
Wholesale |
44 |
43 |
2 % |
88 |
86 |
2 % |
|||||
|
Overall provider revenues |
267 |
257 |
4 % |
534 |
510 |
5 % |
|||||
|
Apparatus revenues |
— |
— |
19 % |
— |
— |
(12) % |
|||||
|
Overall running revenues |
267 |
257 |
4 % |
534 |
510 |
5 % |
|||||
|
Value of products and services |
98 |
108 |
(9) % |
196 |
212 |
(8) % |
|||||
|
Value of kit and merchandise |
— |
— |
(28) % |
— |
— |
(7) % |
|||||
|
Promoting, common and administrative bills |
80 |
81 |
(2) % |
155 |
162 |
(4) % |
|||||
|
Depreciation, amortization and accretion |
67 |
60 |
11 % |
131 |
119 |
10 % |
|||||
|
(Achieve) loss on asset disposals, internet |
4 |
2 |
N/M |
6 |
3 |
N/M |
|||||
|
Overall running bills |
248 |
251 |
(1) % |
488 |
496 |
(1) % |
|||||
|
Working source of revenue |
$ 19 |
$ 7 |
N/M |
$ 46 |
$ 15 |
N/M |
|||||
|
N/M – Proportion exchange now not significant |
|
Numbers would possibly not understructure because of rounding. |
|
Phone and Information Methods, Inc. Distant Money Stream (Unaudited) |
|||||||
|
3 Months Ended June 30, |
Six Months Ended June 30, |
||||||
|
TDS – CONSOLIDATED |
2024 |
2023 |
2024 |
2023 |
|||
|
(Bucks in thousands and thousands) |
|||||||
|
Money flows from running actions (GAAP) |
$ 403 |
$ 469 |
$ 626 |
$ 514 |
|||
|
Money paid for additions to detail, plant and gear |
(216) |
(298) |
(451) |
(629) |
|||
|
Money paid for instrument license contracts |
(11) |
(12) |
(21) |
(20) |
|||
|
Distant coins stream (Non-GAAP)1 |
$ 176 |
$ 159 |
$ 154 |
$ (135) |
|||
|
3 Months Ended June 30, |
Six Months Ended June 30, |
||||||
|
UScellular |
2024 |
2023 |
2024 |
2023 |
|||
|
(Bucks in thousands and thousands) |
|||||||
|
Money flows from running actions (GAAP) |
$ 313 |
$ 349 |
$ 516 |
$ 390 |
|||
|
Money paid for additions to detail, plant and gear |
(137) |
(155) |
(270) |
(351) |
|||
|
Money paid for instrument license contracts |
(11) |
(12) |
(20) |
(19) |
|||
|
Distant coins stream (Non-GAAP)1 |
$ 165 |
$ 182 |
$ 226 |
$ 20 |
|||
|
1 |
Distant coins stream is a non-GAAP monetary measure which TDS believes could also be helpful to traders and alternative customers of its monetary knowledge in comparing liquidity, particularly, the volume of internet coins generated by means of industry operations nearest deducting Money paid for additions to detail, plant and gear and Money paid for instrument license contracts. |
|
Phone and Information Methods, Inc. EBITDA, Adjusted EBITDA and Adjusted OIBDA (Unaudited) |
|||
|
Please see tables reconcile EBITDA, Adjusted EBITDA and Adjusted OIBDA to the corresponding GAAP measures, Internet source of revenue, |
|||
|
3 Months Ended June 30, |
|||
|
TDS – CONSOLIDATED |
2024 |
2023 |
|
|
(Bucks in thousands and thousands) |
|||
|
Internet source of revenue (GAAP) |
$ 7 |
$ — |
|
|
Upload again: |
|||
|
Source of revenue tax expense |
6 |
15 |
|
|
Source of revenue earlier than source of revenue taxes (GAAP) |
13 |
15 |
|
|
Upload again: |
|||
|
Pastime expense |
73 |
62 |
|
|
Depreciation, amortization and accretion |
233 |
225 |
|
|
EBITDA (Non-GAAP) |
319 |
302 |
|
|
Upload again or deduct: |
|||
|
Bills alike to strategic possible choices evaluate |
21 |
— |
|
|
(Achieve) loss on asset disposals, internet |
9 |
5 |
|
|
(Achieve) loss on license gross sales and exchanges, internet |
8 |
— |
|
|
Adjusted EBITDA (Non-GAAP) |
357 |
307 |
|
|
Deduct: |
|||
|
Fairness in profits of unconsolidated entities |
39 |
38 |
|
|
Pastime and dividend source of revenue |
7 |
6 |
|
|
Alternative, internet |
1 |
— |
|
|
Adjusted OIBDA (Non-GAAP) |
$ 310 |
$ 263 |
|
|
EBITDA, Adjusted EBITDA and Adjusted OIBDA |
|||
|
3 Months Ended June 30, |
|||
|
UScellular |
2024 |
2023 |
|
|
(Bucks in thousands and thousands) |
|||
|
Internet source of revenue (GAAP) |
$ 18 |
$ 5 |
|
|
Upload again: |
|||
|
Source of revenue tax expense |
14 |
19 |
|
|
Source of revenue earlier than source of revenue taxes (GAAP) |
32 |
24 |
|
|
Upload again: |
|||
|
Pastime expense |
45 |
51 |
|
|
Depreciation, amortization and accretion |
165 |
161 |
|
|
EBITDA (Non-GAAP) |
242 |
236 |
|
|
Upload again or deduct: |
|||
|
Bills alike to strategic possible choices evaluate |
13 |
— |
|
|
(Achieve) loss on asset disposals, internet |
5 |
3 |
|
|
(Achieve) loss on license gross sales and exchanges, internet |
8 |
— |
|
|
Adjusted EBITDA (Non-GAAP) |
268 |
239 |
|
|
Deduct: |
|||
|
Fairness in profits of unconsolidated entities |
38 |
38 |
|
|
Pastime and dividend source of revenue |
3 |
3 |
|
|
Adjusted OIBDA (Non-GAAP) |
$ 227 |
$ 198 |
|
|
3 Months Ended June 30, |
|||
|
UScellular Wi-fi |
2024 |
2023 |
|
|
(Bucks in thousands and thousands) |
|||
|
EBITDA (Non-GAAP) |
$ 171 |
$ 165 |
|
|
Upload again or deduct: |
|||
|
Bills alike to strategic possible choices evaluate |
12 |
— |
|
|
(Achieve) loss on asset disposals, internet |
5 |
3 |
|
|
(Achieve) loss on license gross sales and exchanges, internet |
8 |
— |
|
|
Adjusted EBITDA and Adjusted OIBDA (Non-GAAP) |
196 |
168 |
|
|
Deduct: |
|||
|
Depreciation, amortization and accretion |
154 |
149 |
|
|
Bills alike to strategic possible choices evaluate |
12 |
— |
|
|
(Achieve) loss on asset disposals, internet |
5 |
3 |
|
|
(Achieve) loss on license gross sales and exchanges, internet |
8 |
— |
|
|
Working source of revenue (GAAP) |
$ 17 |
$ 16 |
|
|
3 Months Ended June 30, |
|||
|
UScellular Towers |
2024 |
2023 |
|
|
(Bucks in thousands and thousands) |
|||
|
EBITDA (Non-GAAP) |
$ 30 |
$ 30 |
|
|
Upload again or deduct: |
|||
|
Bills alike to strategic possible choices evaluate |
1 |
— |
|
|
Adjusted EBITDA and Adjusted OIBDA (Non-GAAP) |
31 |
30 |
|
|
Deduct: |
|||
|
Depreciation, amortization and accretion |
11 |
12 |
|
|
Bills alike to strategic possible choices evaluate |
1 |
— |
|
|
Working source of revenue (GAAP) |
$ 19 |
$ 18 |
|
|
EBITDA, Adjusted EBITDA and Adjusted OIBDA |
|||
|
3 Months Ended June 30, |
|||
|
TDS TELECOM |
2024 |
2023 |
|
|
(Bucks in thousands and thousands) |
|||
|
Internet source of revenue (GAAP) |
$ 18 |
$ 7 |
|
|
Upload again: |
|||
|
Source of revenue tax expense |
3 |
3 |
|
|
Source of revenue earlier than source of revenue taxes (GAAP) |
21 |
10 |
|
|
Upload again: |
|||
|
Pastime expense |
— |
(2) |
|
|
Depreciation, amortization and accretion |
67 |
60 |
|
|
EBITDA (Non-GAAP) |
88 |
68 |
|
|
Upload again or deduct: |
|||
|
(Achieve) loss on asset disposals, internet |
4 |
2 |
|
|
Adjusted EBITDA (Non-GAAP) |
91 |
70 |
|
|
Deduct: |
|||
|
Pastime and dividend source of revenue |
1 |
1 |
|
|
Alternative, internet |
1 |
— |
|
|
Adjusted OIBDA (Non-GAAP) |
$ 89 |
$ 68 |
|
|
Numbers would possibly not understructure because of rounding. |
SOURCE Phone and Information Methods, Inc.
[ad_2]
Source link
