TDS reports third quarter 2026 results
PR Newswire•06/11/2026•07:30 ET
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Key Highlights
- ➤TDS approved incremental $250 million share repurchase authorization
- ➤TDS repurchased approximately 6 million shares in the quarter at $36.65 average
- ➤Third-quarter revenue $306.7 million, down from $308.5 million year over year
- ➤Third-quarter diluted EPS $0.26, down from $0.33 year over year
- ➤TDS Telecom cut 2026 revenue and adjusted OIBDA guidance; capital expenditures rose to approximately $750 million
Expert Statements
Walter Carlson, President and CEO of TDS
“We continue to make progress as our teams execute our strategic objectives,”
Walter Carlson, President and CEO of TDS
“During the quarter, TDS Telecom expanded its marketable fiber service footprint by approximately 76,000 addresses and grew fiber net adds by approximately 17,000.”
Walter Carlson, President and CEO of TDS
“Array increased the number of colocations sequentially, highlighting the value of our assets, and continues to improve profitability.”
Walter Carlson, President and CEO of TDS
“Additionally, I'm pleased to report that following TDS' withdrawal of the offer to acquire the minority interest in Array, TDS was in the market, and has repurchased nearly 15 million shares in 2026, returning over $520 million to shareholders.”
TDS Board authorizes incremental $250 million share repurchase plan TDS Telecom updates guidance for 2026
As previously announced, TDS will hold a teleconference on November 6, 2026, at 9:00 a.m. CT. Listen to the call live via the Events & Presentations page of investors.tdsinc.com.
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