U.S. Cellular Turns To Profit In Q2 - Quick Facts

(RTTNews) - United States Cellular Corp. (USM) reported that its second-quarter net income to shareholders was $19.4 million or $0.23 per share, compared to a net loss of $18.8 million or $0.22 per share, last year.

On average, four analysts polled by Thomson Reuters expected the company to report a profit per share of $0.05 for the quarter. Analysts' estimates typically exclude special items.

Total operating revenues were $975.67 million, compared to $957.77 million, a year ago. Analysts expected revenue of $1.00 billion for the quarter.

For full year, the company now expects total operating revenues of $4.00 billion to $4.10 billion. Analysts expect the company to report 2015 revenue of $4.06 billion.

Earlier, the company expected revenue of $4.00 billion to $4.20 billion.