T-Mobile US misses by $0.05, beats on revs
Reports Q1 (Mar) loss of $0.09 per share, $0.05 worse than the Capital IQ Consensus Estimate of ($0.04); revenues rose 14.9% year/year to $7.8 bln vs the $7.69 bln consensus.
- 1.8 million total net adds
- 1.1 million branded postpaid net adds
- 1.0 million branded postpaid phone net adds
- Best-ever branded postpaid phone churn of 1.30%, down 43 bps QoQ and 17 bps YoY.
- Branded postpaid net customer additions for 2015 are now expected to be between 3.0 and 3.5 million, an increase from the previous guidance of 2.2 and 3.2 million.
- For the full-year of 2015, T-Mobile expects Adjusted EBITDA to be in the range of $6.8 to $7.2 billion, unchanged from previous guidance despite the increase in branded postpaid net customer additions guidance.
- Cash capital expenditures for 2015 are expected to be in the range of $4.4 to $4.7 billion, also unchanged from previous guidance.