(Reuters) — AT&T surpassed Wall Street expectations for first-quarter wireless subscriber additions and free cash flow on Wednesday as more people purchased its higher-tier unlimited plans. Shares of the company were up around 1% early in regular trading. The telecom giant has been leaning on its 5G rollouts and plans that are usually cheaper than […]
Tag: Subscriber
AT&T Stock: AT&T Earnings, Free Cash Flow, Wireless Subscriber Adds Beat Views
AT&T (T) early Wednesday reported first quarter earnings that fell from a year earlier but topped estimates. Revenue slightly missed. AT&T stock rose as wireless subscriber and free cash flow growth beat expectations. X Reported before the market open, AT&T earnings for the March quarter were 55 cents on an adjusted basis, down 8% from […]
Wall Street is anxious over Netflix’s decision to stop sharing subscriber numbers
Netflix (NFLX) will stop reporting subscriber figures at the start of next year. That doesn’t sit well with Wall Street. The stock fell as much as 9% on Friday following the news, which was revealed as part of the company’s first quarter earnings report the day prior. It’s a surprising announcement, especially for an industry […]
Netflix explains decision to stop reporting crucial subscriber data
Netflix (NFLX) will no longer report membership numbers starting next year — a bombshell move for the streaming industry, which has historically tied company performance to subscriber gains or losses. “We’ve evolved and we’re going to continue to evolve,” Netflix co-CEO Greg Peters said about the decision while speaking during the company’s first quarter earnings […]
Netflix reports strong subscriber gains but Q2 revenue forecast disappoints
Netflix (NFLX) reported first quarter earnings that beat across the board on Thursday with another 9 million-plus subscribers added in the quarter. However, disappointing second quarter revenue guidance dragged the stock more than 3% lower in after-hours trading. Subscriber additions of 9.3 million beat expectations of 4.8 million and follows the 13 million net additions […]
Netflix reports strong subscriber gains as earnings surge past estimates
Netflix (NFLX) reported first quarter earnings that beat across the board on Thursday with another 9 million-plus subscribers added in the quarter. However, disappointing second quarter revenue guidance dragged the stock lower in after-hours trading. Subscriber additions of 9.3 million beat expectations of 4.8 million and follows the 13 million net additions the streamer added […]
Charter Communications posts surprise broadband subscriber loss, profit miss
(Reuters) -Charter Communications missed quarterly profit estimates and posted a surprise drop in broadband subscribers on Friday, as it grappled with promotional offerings from rivals in a highly saturated market. The broadband and cable TV operator’s shares tumbled more than 11%. Stiff competition across broadband and wireless mobile and the decline of traditional television have […]
TMUS Stock: T-Mobile Earnings Miss But Subscriber Adds Top AT&T, Verizon
T-Mobile US (TMUS) on Thursday reported mixed fourth-quarter financial results as earnings missed estimates while revenue for TMUS stock edged by views. Wireless subscriber additions topped AT&T (T) and Verizon Communications (VZ).
T-Mobile forecasts annual subscriber growth above estimates
(Corrects last paragraph to say profit was lower than expected) (Reuters) -Wireless carrier T-Mobile US on Thursday forecast monthly bill-paying phone subscriber growth for the year above estimates, banking on its wide 5G coverage and promotional offers to draw in consumers. The company expects to add 5 million to 5.5 million subscribers in the full […]
T Stock: AT&T Earnings Guidance For 2024 Misses As Q4 Wireless Subscriber Adds Top Views
AT&T (T) early Wednesday reported fourth-quarter earnings that missed Wall Street estimates while revenue topped. T stock fell as the AT&T earnings outlook for 2024 fell short. X Reported before the market open, AT&T earnings for the December quarter fell 11% to 54 cents on an adjusted basis. Revenue from continuing operations rose 2.2% to […]
Netflix Stock Jumps 9% on Strong Q4 Subscriber Growth and Rosy Q1 Earnings Guidance
Netflix (NASDAQ: NFLX) stock gained 8.6% in Tuesday’s after-hours trading session following the video streaming leader’s release of its fourth-quarter 2023 report. Investors’ positive reactions are attributable to the quarter’s revenue and net paid subscriber additions surpassing Wall Street’s consensus estimates, along with bottom-line guidance for the first quarter of 2024, easily exceeding analyst expectations. […]
Netflix subscriber growth surges as service unwraps best holiday season results
Netflix registered its third-consecutive quarter of accelerating subscriber growth in the final three months of 2023, closing out a comeback year which included a crackdown on viewers freeloading on the video-streaming service and a series of price hikes. The fourth-quarter results announced on Tuesday provided evidence that Netflix was able to come up with a […]