Categories Earnings, Technology

T-Mobile US (NASDAQ: TMUS): Q4 2019 Earnings Snapshot

–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

Follow our Google News edition to get the latest stock market, earnings and financial news at your fingertips

Most Popular

INTU Earnings: Intuit Q1 2025 adj. profit rises on higher revenues

Financial technology company Intuit Inc. (NASDAQ: INTU) Thursday announced results for the first quarter of 2025, reporting a modest increase in adjusted earnings. The Mountain View-headquartered company’s first-quarter revenue came

Riding the AI wave, Nvidia looks set to stay on the high-growth path

After delivering strong results for the third quarter, Nvidia Corporation (NASDAQ: NVDA) this week said the launch of its new-generation Blackwell chip is on track. The company is thriving on

Target (TGT): A look at some of the challenges faced by the retailer in 3Q24

Shares of Target Corporation (NYSE: TGT) stayed green on Thursday, recovering from the stumble it took a day ago after delivering disappointing results for the third quarter of 2024 and

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top