Telephone and Data Systems Reaffirms 2023 Revenue Guidance For TDS Telecom Segment Of $1.03B-$1.06B, With Adjusted EBITDA Of $270M-$300M Compared To Prior range Of
$260M-$290M
Portfolio Pulse from Benzinga Newsdesk
Telephone and Data Systems (TDS) has reaffirmed its 2023 revenue guidance for its TDS Telecom segment, expecting revenues of $1.03B-$1.06B. The company also adjusted its EBITDA forecast to $270M-$300M, up from the previous range of $260M-$290M.
August 04, 2023 | 3:12 pm
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TDS has reaffirmed its 2023 revenue guidance for its TDS Telecom segment and increased its EBITDA forecast. This could indicate a positive outlook for the company's financial performance.
TDS has reaffirmed its revenue guidance, which shows confidence in its business strategy and future performance. Additionally, the company has increased its EBITDA forecast, which could indicate improved profitability. These factors could have a positive impact on the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100