earnings
confidence high
sentiment positive
materiality 0.90
T-Mobile Q3 net income surges 322% YoY; raises FY23 guidance, initiates dividend
T-Mobile US, Inc.
2023-Q3 EPS reported
$5.26
revenue$58,080,000,000
- Postpaid phone net adds 850K (industry-leading), churn record low 0.87%; High Speed Internet net adds 557K.
- Service revenue $15.9B (+4% YoY); Net income $2.1B (+322% YoY); Diluted EPS $1.82 (+355% YoY).
- Adjusted Free Cash Flow $4.0B (+94% YoY); raises full-year 2023 guidance.
- Ultra Capacity 5G now covers 300M Americans, achieving year-end goal two months early.
- Repurchased $2.7B of stock in Q3; announces first-ever quarterly dividend.