–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
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