T-Mobile's Q2 Earnings: Net Postpaid Adds, Record Free Cash Flow, Subscriber Boost And More
Portfolio Pulse from Anusuya Lahiri
T-Mobile US, Inc (NASDAQ:TMUS) reported strong Q2 fiscal 2024 results, beating analyst estimates on both earnings and revenue. The company saw significant growth in postpaid net account additions and adjusted free cash flow. T-Mobile also raised its full-year outlook for postpaid net customer additions and adjusted free cash flow. The company's Go5G plans, which include streaming services from Netflix and Apple, have been popular among customers.
July 31, 2024 | 12:52 pm
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POSITIVE IMPACT
T-Mobile's Go5G plans, which include Apple TV+, have been popular with customers, contributing to the company's strong performance.
The popularity of T-Mobile's Go5G plans, which include Apple TV+, suggests increased customer engagement with Apple services, potentially benefiting its service revenue.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 30
POSITIVE IMPACT
T-Mobile's Go5G plans, which include Netflix, have been popular with customers, contributing to the company's strong performance.
The popularity of T-Mobile's Go5G plans, which include Netflix, suggests increased customer engagement with Netflix, potentially benefiting its subscriber growth.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 30
POSITIVE IMPACT
AT&T reported 419 thousand postpaid phone net additions, surpassing analyst estimates of 279 thousand.
AT&T's better-than-expected postpaid phone net additions indicate strong performance in a competitive market, which could positively impact its stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 50
POSITIVE IMPACT
T-Mobile reported strong Q2 results, beating earnings and revenue estimates. The company saw significant growth in postpaid net account additions and adjusted free cash flow, and raised its full-year outlook.
T-Mobile's strong Q2 performance, including beating earnings and revenue estimates, significant growth in postpaid net additions, and record free cash flow, is likely to positively impact its stock price in the short term.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100