TDS reports Q3 2026 results and expands share repurchase program
+5 new sources since this summary was written
Telephone & Data Systems (TDS) posted third‑quarter 2026 revenue of $306.7 million, down 3% year‑over‑year, and net income of $29.6 million. The company repurchased about 6 million shares at an average price of $36.65 and received board approval for an additional $250 million share‑buyback authorization, bringing total repurchases in 2026 to nearly 15 million shares and over $520 million returned to shareholders. TDS also updated its full‑year 2026 guidance, forecasting revenue of $990 million‑$1.01 billion, adjusted OIBDA of $280 million‑$300 million, adjusted EBITDA of $290 million‑$310 million and capital expenditures of roughly $750 million.
Why it matters
The new $250 million buyback authorization gives investors further return potential and signals confidence in cash generation. Updated 2026 guidance sets expectations for revenue and earnings, which analysts will compare to prior forecasts.
Key facts
- 1Q3 2026 total operating revenue was $306.7 million, versus $308.5 million a year earlier. prnewswire.com
- 2Q3 2026 net income attributable to common shareholders was $29.6 million and diluted EPS was $0.26. prnewswire.com
- 3Approximately 6 million shares were repurchased in the quarter at an average price of $36.65 per share. prnewswire.com
- 4The board approved an incremental $250 million share‑repurchase authorization. stocktitan.net
- 5Total share repurchases in 2026 amount to nearly 15 million shares, returning over $520 million to shareholders. stocktitan.net
- 62026 revenue guidance was revised to $990 million‑$1.01 billion. sec.gov
Summary written by AlphAI AI Desk from 3 of 3 sources. Not investment advice. Figures are as stated by the linked sources.