U.S. Cellular Q4 2019 Earnings Report
Key Takeaways
U.S. Cellular reported total operating revenues of $1,052 million for the fourth quarter of 2019, a slight increase from $1,051 million in the same period last year. Net income attributable to U.S. Cellular shareholders was $18 million, with diluted earnings per share at $0.20. The company's Adjusted EBITDA reached $222 million, compared to $213 million in the same period last year.
U.S. Cellular's total operating revenues for Q4 2019 were $1,052 million, slightly up from $1,051 million year-over-year.
Net income attributable to U.S. Cellular shareholders for Q4 2019 was $18 million, a decrease from $21 million year-over-year.
Diluted earnings per share for Q4 2019 were $0.20, compared to $0.23 in the same period last year.
Adjusted EBITDA for Q4 2019 was $222 million, an increase from $213 million year-over-year.
U.S. Cellular
U.S. Cellular
U.S. Cellular Revenue by Segment
Forward Guidance
U.S. Cellular provided estimates for full-year 2020 results, including service revenues between $3,000 million and $3,100 million, Adjusted OIBDA between $775 million and $900 million, Adjusted EBITDA between $950 million and $1,075 million, and capital expenditures between $850 million and $950 million.
Positive Outlook
- More compelling unlimited pricing.
- New brand positioning “Bringing Fairness to Wireless”.
- New web platform with enhanced capabilities.
- Significant network improvements.
- Launch 5G services commercially in two of our markets and continue our VoLTE deployment.
Revenue & Expenses
Visualization of income flow from segment revenue to net income