T-Mobile (TMUS) Misses on Top and Bottom-Line, But Raises Customer Outlook
T-Mobile (NYSE: TMUS) reported Q3 EPS of $0.15, versus the analyst estimate of $0.30. Revenue for the quarter came in at $7.8 billion versus the consensus estimate of $8.29 billion.
The company reported 2.3 million total net adds, the 10th consecutive quarter of over 1 million.
“We’ve had 10 quarters in a row with over 1 million net new customers, 5 with over a million branded postpaid customers and a total of 2.3 million new customers this quarter alone,” said John Legere, President & CEO of T-Mobile. “Our momentum is strong and our incredible customer growth is translating directly into solid financial growth which makes it crystal clear that putting customers first is just good business.”
The company also raised customer outlook for 2015 again while maintaining Adjusted EBITDA target:
- Guidance range for branded postpaid net adds increased to 3.8 to 4.2 million – third raise this year
- Maintaining target of $6.8 to $7.2 billion of Adjusted EBITDA
- Maintaining target of $4.4 to $4.7 billion of cash capex
- Financial guidance excludes any impact of JUMP! On Demand and Data Stash
For earnings history and earnings-related data on T-Mobile (TMUS) click here.
