CHICAGO (AP) — CHICAGO (AP) — United States Cellular Corp. (USM) on Friday reported third-quarter earnings of $23 million.
On a per-share basis, the Chicago-based company said it had profit of 26 cents.
The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 6 cents per share.
The wireless telecommunications service provider posted revenue of $963 million in the period, falling short of Street forecasts. Three analysts surveyed by Zacks expected $975.7 million.
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