<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=192888919167017&amp;ev=PageView&amp;noscript=1">
Thursday,  November 28 , 2024

Linkedin Pinterest
Check Out Our Newsletters envelope icon
Get the latest news that you care about most in your inbox every week by signing up for our newsletters.
News / Business / Business Briefs

T-Mobile reports profit of $908 million in first quarter

By Associated Press
Published: April 25, 2019, 6:45pm

BELLEVUE — T-Mobile US Inc. (TMUS) on Thursday reported first-quarter profit of $908 million.

On a per-share basis, the Bellevue-based company said it had net income of $1.06. Earnings, adjusted for costs related to mergers and acquisitions, were $1.17 per share.

The results exceeded Wall Street expectations. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of 95 cents per share.

The wireless carrier posted revenue of $11.08 billion in the period, which also topped Street forecasts. Thirteen analysts surveyed by Zacks expected $10.98 billion.

Loading...