T-Mobile Q2 2024: EPS $2.49, revenue $16.4B; raises FY2024 customer & cash flow guidance

T-Mobile US, Inc.

2024-Q2 EPS reported $4.49 revenue$39,366,000,000

Postpaid phone net adds 777K (best Q2 ever); total postpaid net adds 1.3M; crossed 100M postpaid customers.
Service revenues $16.4B (+4% YoY); net income $2.9B (+32%); Core Adj. EBITDA $8.0B (+9% YoY).
Adjusted Free Cash Flow record $4.4B (+54% YoY); returned $3.0B to shareholders via buybacks & dividend.
Raised 2024 guidance for postpaid net customer additions and Adjusted Free Cash Flow.
High Speed Internet net adds 406K; highest share of industry net additions ever.

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