T-Mobile US Inc. (NASDAQ:TMUS) reported first-quarter results after Tuesday's closing bell, beating analyst estimates on the top and bottom lines.
Here's a look at the details inside the report.
- TMUS stock is moving. Watch the price action here.
Q1 Details
T-Mobile US reported quarterly earnings of $2.27 per share, which beat the consensus estimate of $2.02 by 12.38%, according to Benzinga Pro data.
Quarterly revenue came in at $23.11 billion, which beat the Street estimate of $22.97 billion and was up from $20.89 billion in the same period last year.
T-Mobile reported the following first-quarter highlights:
- Postpaid net account additions of 217,000, grew 6% year-over-year
- Postpaid Average Revenue Per Account (ARPA) of $151.93 grew 3.9% year-over-year
- Service revenues of $18.8 billion grew 11% year-over-year
- Postpaid service revenues of $15.6 billion grew 15% year-over-year
- Net income of $2.5 billion decreased 15% year-over-year and included the impact of merger-related costs, including accelerated depreciation, net of tax, of $476 million.
“Q1 marked a strong start to the year as we continue to execute against our ambitious 2026 and 2027 targets, representing yet another proof point of our winning formula and unique differentiation,” said Srini Gopalan, CEO of T-Mobile.
TMUS Stock Price: According to data from Benzinga Pro, T-Mobile stock was up 0.95% to $188.50 in Tuesday's extended trading.
Photo: Shutterstock
Login to comment