Telephone And Data

Q2 FY2026 EarningsQ2 FY26 results significantly beat consensus on the bottom line, with Diluted EPS of $2.24 vs. $0.12 expected, primarily driven by a $1 billion gain from spectrum sales. Total revenue of $309.3M slightly missed the $315.7M consensus (-2.04% variance). While TDS Telecom saw a 6% service revenue decline due to legacy attrition, the Array segment surged 95% YoY in site rentals. The company updated FY26 guidance, raising fiber address targets and Array's EBITDA outlook, while slightly narrowing TDS Telecom's revenue range.