Key Takeaways
- T-Mobile posted second-quarter revenue of $19.77 billion and earnings per share of $2.49 on Wednesday, beating analysts' expectations.
- The company raised its full-year projection for net new customers.
- T-Mobile's shares rose in Wednesday trading, leaving them just below 2024 highs.
T-Mobile US (TMUS) shares rose Wednesday after the company beat second-quarter revenue expectations and raised its full-year guidance for ꧋net n😼ew customers.
The telecommunications company now expects between 5.4 million to 5.7 million postpaid net customer additions for this year, up from prior guidance of 5.2 million to 5.6 million. T-Mobile also narrowed its full-year guidance for adjusted earnings before interest, taxes, depreciation and amortization to between $31.5 billion and $31.8 billion, compared with a prior projection of $31.4 billion to $31.9 billion.
In the second quarter, T-Mobile posted 34% higher 澳洲幸运5开奖号码历史查询:earnings per share (EPS) of $2.49 year-on-year on revenueꦰ of $19.77 billion, t🉐opping the analyst consensus of $2.26 per share on revenue of $19.55 billion, per Visible Alpha.
Net account additions were 301,000, while postpཧaid net customer additions came in at 1.3 million for the latest quarter.
Shares of T-Mobile were recently up about 3%, bringing their year-to-date gain to roughly 13%—just off 2024 highs seen earlier this month.