T-Mobile US, Inc. (NASDAQ: TMUS) has reported remarkable results for the fourth quarter of 2024, continuing its streak of industry-leading performance.
T-Mobile US, Inc. (NASDAQ:TMUS) has disclosed exceptional performance in the fourth quarter of 2024, continuing its streak of industry-leading performance. The company achieved significant growth in customer numbers, with 1.9 million postpaid net customer additions in Q4 2024 and a total of 6.1 million for the year.
Moreover, the company recorded 903,000 postpaid phone net customer additions in Q4, contributing to a total of 3.1 million for the year. This impressive growth was complemented by a postpaid phone churn rate of 0.92% in Q4, marking one of the lowest churn rates in the company’s history.
T-Mobile Reports Exceptional Performance in Q4 2024
Financially, T-Mobile's service revenues reached $16.9 billion in Q4 2024, a 6% increase from the previous year. The company's net income rose to $3.0 billion, reflecting a 48% year-over-year growth. T-Mobile also reported its highest-ever diluted earnings per share (EPS) of $2.57 for the quarter. T-Mobile's core adjusted EBITDA rose to $7.9 billion in Q4, a 10% increase from the previous year. The company's net cash provided by operating activities was $5.5 billion, demonstrating its strong cash flow generation capabilities.
T-Mobile's Q4 2024 performance surpassed analyst expectations, particularly in terms of earnings per share and revenue. The company reported an EPS of $2.57, exceeding the anticipated $2.28 by a notable margin. Additionally, T-Mobile's total revenues for the quarter amounted to $21.87 billion, surpassing the expected $21.37 billion. This positive variance underscores the company's capability to generate revenue growth amidst a competitive telecommunications landscape.
Join our Telegram group and never miss a breaking digital asset story.
T-Mobile Sets Highest-Ever Guidance Range at the Start of the Year
The company expects postpaid net customer additions to range between 5.5 million and 6.0 million, marking its highest-ever guidance range at the start of the year. This guidance reflects T-Mobile's confidence in its ability to continue leading the industry in customer growth and expanding its market share. Furthermore, the company anticipates its core adjusted EBITDA to be between $33.1 billion and $33.6 billion, indicating continued financial strength and operational efficiency.
T-Mobile also projects net cash provided by operating activities to range from $26.8 billion to $27.5 billion, highlighting its ability to generate substantial cash flow. The company's adjusted free cash flow is expected to be between $17.3 billion and $18.0 billion, further emphasizing its financial robustness. T-Mobile's strategic focus on enhancing its network capabilities and delivering innovative customer experiences positions it well for sustained growth in 2025.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.