Categories Earnings, Technology

Earnings Summary: T-Mobile US reports higher Q4 2024 revenue and net income

Telecom giant T-Mobile US Inc. (NASDAQ: TMUS) Wednesday announced financial results for the fourth quarter of 2024, reporting an increase in revenue and profit.

  • Fourth-quarter net income rose sharply to $2.98 billion or $2.57 per share from $2.01 billion or $1.67 per share in the year-ago quarter
  • Total revenue rose 6.8% year-over-year to $21.87 billion during the three months; service revenues came in at $16.9 billion
  • Adjusted EBITDA was $7.92 billion in the December quarter, up 9.6% from the prior-year period
  • Core adjusted EBITDA increased 10% annually to $7.91 billion in Q4 from $7.18 billion last year
  • Net cash provided by operating activities was $5.55 billion in the fourth quarter, up 14.2% year-over-year
  • Adjusted free cash flow decreased 5% annually to $4.08 billion in Q4 2024
  • For fiscal 2025, the management expects postpaid net customer additions to be between 5.5 million and 6.0 million
  • Full-year core Adjusted EBITDA is expected to be between $33.1 billion and $33.6 billion

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