T-Mobile quarterly profit tops estimates as subscribers grow [Reuters]
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Source: Reuters
T-Mobile quarterly profit tops estimates as subscribers grow | Reuters Reuters Staff 1 Min Read NEW YORK (Reuters) - T-Mobile US Inc’s ( TMUS.O ) quarterly profit topped Wall Street analyst estimates as the No. 3 U.S. wireless carrier raised the lower end of its expected range of customer additions for the year. Net income was $550 million, or 63 cents a share for the quarter ended Sept. 30, up from $366 million, or 42 cents a share in the year-earlier period. Revenue was $10.02 billion, up from $9.31 billion a year earlier. Analysts, on average, were expecting earnings of 46 cents per share and revenue of $10.01 billion, according to Thomson Reuters I/B/E/S. The company said it now expects to add 3.3 million to 3.6 million customers who pay a monthly bill, up from 3 million to 3.6 million. Reporting by Anjali Athavaley; Editing by Nick Zieminski All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. © 2017 Reuters. All Rights Reserve
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