Dec 10, 09:57 AM

T-Mobile CEO Flags Q4 Risks, Confirms 3M Net Additions Guidance; Shares Rise 1.32% and 2.7% in Premarket

T-Mobile's CEO Mike Sievert addressed concerns regarding the company's Q4 performance during the UBS Conference, stating that the quarter is 'back end loaded' and cautioning investors about potential risks in the latter half. Sievert clarified that his previous comments had been misinterpreted, asserting that Q4 is trending at least in line with prior expectations, if not better. He reaffirmed the company's guidance of approximately 3 million postpaid phone net additions for 2024. Following these remarks, T-Mobile shares rose by 1.32% in premarket trading, with a subsequent increase of 2.7% noted later in the session.

#Mike Sievert #UBS Conference #Sievert

Written with ChatGPT (GPT-4o mini).

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Open Outcrier@OpenOutcrier
1 year ago
$TMUS (+2.7% pre) T-Mobile (TMUS) says CEO's comments were 'misinterpreted', 'Q4 is trending at least in line with prior expectations, maybe better' - SI https://t.co/7jZ99b270u
Markets Today@marketsday
1 year ago
T-Mobile shares rise 1.32% premarket after CEO expresses confidence in Q4 guidance. $TMUS
Wall St Engine@wallstengine
1 year ago
T-Mobile $TMUS CEO Mike Sievert addressed recent confusion, saying his comments on Q4 trends were misinterpreted. Sievert clarified, "Q4 is trending at least in line with prior expectations, maybe better", and reaffirmed guidance of ~3M postpaid phone net additions for 2024. TMUS…

T-Mobile CEO Flags Q4 Risks, Confirms 3M Net Additions Guidance; Shares Rise 1.32% and 2.7% in Premarket

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