earnings
confidence high
sentiment positive
materiality 0.80
T-Mobile Q2 beats: 760K postpaid phone adds, record-low churn, raises guidance
T-Mobile US, Inc.
2023-Q2 EPS reported
$3.44
revenue$38,828,000,000
- Postpaid phone net adds of 760K (best Q2 in 8 years); postpaid phone churn 0.77% (industry best first time ever).
- Service revenues $15.7B (+3% YoY); Core Adj. EBITDA $7.3B (+11% YoY); diluted EPS $1.86.
- Net income $2.2B (up $2.3B YoY); Adjusted Free Cash Flow $2.9B (+64% YoY).
- Repurchased 25.2M shares for $3.5B in Q2; raised full-year 2023 guidance.
- High Speed Internet net adds of 509K, more than AT&T, Verizon, Comcast & Charter combined for 5th straight quarter.