T-Mobile US (TMUS) reported first-quarter earnings that exceeded expectations while revenue fell short. The company saw an increase in wireless subscriber additions that surpassed projections, leading to a slight uptick in T-Mobile stock.
For the quarter ending March 31, T-Mobile’s earnings rose by 26% to $2 per share on an adjusted basis. However, revenue decreased by 0.2% to $19.59 billion compared to the previous year. Analysts had anticipated adjusted earnings of $1.87 per share on revenue of $19.81 billion. In the same period last year, T-Mobile earned $1.58 per share on revenue of $19.63 billion.
T-Mobile also reported the addition of 532,000 postpaid phone subscribers in the first quarter, exceeding estimates of 477,000. This was a slight decline from the 538,000 postpaid phone subscribers added in the previous year. Additionally, Q1 EBITDA increased by 8% to $7.6 billion, surpassing estimates of $7.56 billion
A big misunderstanding in a chaotic situation led to an incident where golf star Scottie…
In the aftermath of recent building collapses, such as the Champlain Towers collapse in the…
In her first game with the New York Liberty, Caitlin Clark made a significant impact…
Fruit juices like orange, pineapple, guava, pomegranate, and grapefruit are popular during the summer due…
During his three-day visit to Spain, the president of Argentina, Javier Milei, held a meeting…
During his recent trip to Madrid, the president of Argentina, Javier Milei, had a “fabulous”…