NTELOS Holding (NTLS) Misses Q3 EPS by 2c

NTELOS Holding (NASDAQ: NTLS) reported Q3 EPS of $0.04, $0.02 worse than the analyst estimate of $0.06. Revenue for the quarter came in at $119.64 million versus the consensus estimate of $119.3 million.

Subscriber Update

Total Subscribers

• Total subscribers were 457,200 as of September 30, 2014, compared to 457,100 for the same period of 2013;
• Total subscriber gross additions for the third quarter 2014 were 41,400, compared to 44,500 for the same period of 2013; and
• Total net subscriber additions (losses) for the third quarter 2014 were (900), compared to 2,300 for the same period of 2013.

Postpay Subscribers

• Postpay subscriber gross additions for the third quarter 2014 were 20,800, compared to 20,000 for the third quarter 2013 and 20,400 for the second quarter 2014;
• Net postpay subscriber additions were 1,900 for the third quarter 2014, compared to 400 for the third quarter 2013 and 3,300 for the second quarter 2014;
• Postpay churn for the third quarter 2014 was 2.0%, compared to 2.2%, for the third quarter 2013;
• ARPA was $134.18 for the third quarter 2014, compared to $136.91 for the same period in 2013; and
• As of September 30, 2014, total postpay subscribers were 310,200.

Prepay Subscribers

• Prepay subscriber gross additions for the third quarter 2014 were 20,600, compared to 24,500 for the third quarter 2013 and 18,600 for the second quarter 2014;
• Net prepay subscriber additions (losses) were (2,800) for the third quarter 2014, compared to 1,900 for the third quarter 2013 and (2,900) for the second quarter 2014;
• Prepay churn for the third quarter 2014 was 5.3%, compared to 4.8% for the third quarter 2013; and
• As of September 30, 2014, total prepay subscribers were 147,000.

For earnings history and earnings-related data on NTELOS Holding (NTLS) click here.

You May Also Be Interested In

• Midday movers: Meta, IBM, Caterpillar fall; Chipotle rises
• Southern Copper Corp. (SCCO) Tops Q1 EPS by 20c
• Equinor ASA (EQNR) Tops Q1 EPS by 22c, misses on revenue