T-Mobile (TMUS) CEO Mike Sievert, while presenting at the UBS Global Media and Communications Conference, stated according to a transcript of the event that the “good news is we recently reguided just a few weeks ago and said we’d be at 3 million or so postpaid phone net. I can tell you that that’s looking we’re very confident in that. It’s been a great quarter so far. The only thing I would caution, and I can just hear myself saying this in prior years as well, is that this quarter’s back end loaded. So while I’m here to tell you, it’s going great, we’re confident in our guidance, investors should be cautious because there’s a lot of risk in the back half. Most of this quarter is still in front of us, if you will, because of the shaping of Q4 is a little different than most quarters, but we feel great about it.”
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TMUS:
- T-Mobile falls after CEO says Q4 ‘back end loaded’ with ‘risk’
- T-Mobile CEO says Q4 ‘back end loaded’ with ‘a lot of risk’
- T-Mobile price target raised to $280 from $235 at Tigress Financial
- T-Mobile (TMUS) and SpaceX Secure License to Offer Internet Access in Remote Areas
- T-Mobile confirms detected attempts to infiltrate systems