T-Mobile (NASDAQ: TMUS) reported Q4 EPS of $0.45, $0.16 better than the analyst estimate of $0.29. Revenue for the quarter came in at $10.2 billion versus the consensus estimate of $9.84 billion.

Industry-leading customer growth:

• 2.1 million total net additions in Q4 2016 - 8.2 million in 2016
• 1.2 million total branded postpaid net additions - 4.1 million in 2016
• 933,000 branded postpaid phone net additions in Q4 2016 - 3.3 million in 2016
• 541,000 branded prepaid net additions in Q4 2016 - 2.5 million in 2016
• 1.28% branded postpaid phone churn in Q4 2016, down 18 bps from Q4 2015 - 1.30% in 2016, down 9 bps from 2015

Industry-leading financial growth (all percentages year-over-year):

• $7.2 billion service revenues, up 11% in Q4 2016 - up 12% to $27.8 billion in 2016
• $10.2 billion total revenues, up 23% in Q4 2016 - up 16% to $37.2 billion in 2016
• $390 million net income, up 31% in Q4 2016 - up 99% to $1.5 billion in 2016
• $0.45 EPS, up 32% in Q4 2016 - $1.69 EPS, up 106% in 2016
• $2.5 billion Adjusted EBITDA(1), up 12% in Q4 2016 - up 41% to $10.4 billion in 2016

Strong outlook for 2017:

• Guidance range for branded postpaid net additions of 2.4 to 3.4 million
• Net income is not available on a forward looking basis(2)
• Adjusted EBITDA target of $10.4 to $10.8 billion, which excludes spectrum gains and includes leasing revenues of $0.8 to $0.9 billion. The impact from Data Stash is expected to be immaterial.
• Cash capital expenditures guidance of $4.8 to $5.1 billion, excluding capitalized interest
• Net cash provided by operating activities three-year compound annual growth rate (CAGR) is expected to be between 15% and 18%
• Free Cash Flow three-year CAGR is expected to be between 45% and 48%(1)

"These results are proof that doing right by customers is also good for shareholders. Not only are customers flocking to T-Mobile, but we’re also producing rock-solid financial results including 11% growth in service revenues, 23% in total revenues, 31% in net income and 12% in Adjusted EBITDA year-over-year in Q4,” said John Legere, President and CEO of T-Mobile. “The competition just doesn’t get that customers want to come first! That’s three years in a row that we’ve added more than 8 million customers and taken all of the postpaid phone growth in the industry. The Un-carrier revolution continues in 2017!"

For earnings history and earnings-related data on T-Mobile (TMUS) click here.