T-Mobile Sees FY24 Postpaid Net Costumer Additions Of 5.4M-5.7M Vs 5.2M-5.6M Prior
Portfolio Pulse from Benzinga Newsdesk
T-Mobile has raised its 2024 guidance for postpaid net customer additions, core adjusted EBITDA, net cash provided by operating activities, and adjusted free cash flow. The company now expects postpaid net customer additions to be between 5.4 million and 5.7 million, up from the prior range of 5.2 million to 5.6 million. Core adjusted EBITDA is expected to be between $31.5 billion and $31.8 billion, and net cash provided by operating activities is expected to be between $21.8 billion and $22.2 billion. Adjusted free cash flow is projected to be between $16.6 billion and $17.0 billion.
July 31, 2024 | 11:00 am
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T-Mobile has increased its 2024 guidance for key financial metrics, including postpaid net customer additions, core adjusted EBITDA, net cash provided by operating activities, and adjusted free cash flow. This positive revision indicates strong operational performance and growth prospects.
The upward revision in guidance for key financial metrics such as postpaid net customer additions, core adjusted EBITDA, and adjusted free cash flow suggests strong operational performance and growth prospects for T-Mobile. This is likely to positively impact the stock price in the short term.
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