–Telecom firm T-Mobile US Inc. (NASDAQ: TMUS) reported earnings of $0.87 per share for the fourth quarter of 2019, vs. $0.83 per share expected.
— Net income was $751 million, compared to $640 million in the fourth quarter of 2018
— December-quarter revenues grew 3.8% annually to $11.88 billion, vs. $11.83 billion expected
— Service revenues increased 6% year-over-year to a record high of $8.7 billion
— Total net additions came in at 1.9 million; branded postpaid phone net additions were 1 million
— Branded postpaid net additions were 1.3 million, while branded prepaid net additions came in at 77,000
— During the quarter, launched the first nationwide 5G network, utilizing 600 MHz spectrum
— Expects branded postpaid net additions to be in the range of 2.6 million to 3.6 million in fiscal 2020
— The estimate for full-year adjusted EBITDA is between $13.7 billion and $14.0 billion
Most Popular
AAPL Earnings: Apple’s Q2 sales and profit beat estimates; iPhone sales down 10%
Apple Inc. (NASDAQ: AAPL) on Thursday reported better-than-expected profit and revenue for the second quarter of 2024. There was a 10% decrease in iPhone sales. The gadget giant reported revenues
Shopify (SHOP) is all set to report Q1 2024 results. Here’s what to expect
Over the years, Shopify Inc. (NYSE: SHOP) has steadily expanded its footprint in the online retail market through constant innovation, like the recent launch of a mobile POS device for
eBay (EBAY): A look at how the ecommerce company fared in Q1 2024
Shares of eBay Inc. (NASDAQ: EBAY) were down over 2% on Thursday. The company reported its earnings results for the first quarter of 2024 a day ago, with revenue and