earnings
confidence high
sentiment positive
materiality 0.80
T-Mobile Q1 net income $2.4B (+22% YoY), raises 2024 guidance; postpaid phone net adds 532K
T-Mobile US, Inc.
2024-Q1 EPS reported
$2.00
revenue$19,594,000,000
- Service revenues $16.1B (+4% YoY), postpaid service revenues $12.6B (+6% YoY).
- Diluted EPS $2.00 (+27% YoY); Core Adjusted EBITDA $7.6B (+8% YoY).
- Postpaid phone net adds 532K (best in industry); postpaid phone churn 0.86% (record low).
- High Speed Internet customer base surpasses 5M with 405K net adds in Q1.
- Raised 2024 guidance; returned $4.3B to stockholders ($3.6B buybacks + $769M dividend).