T-Mobile (TMUS) reported Q1 EPS of $0.57, $0.25 better than the analyst estimate of $0.32. Revenue for the quarter came in at $20.12 billion versus the consensus estimate of $20.11 billion.
- Service revenues of $15.1 billion grew 7% year-over-year including industry-leading Postpaid service revenue growth of 9%
- Strong Net income of $713 million and diluted earnings per share (“EPS”) of $0.57
- Core Adjusted EBITDA(2) of $6.5 billion grew 10% year-over-year, best growth in industry and raising guidance
- Net cash provided by operating activities of $3.8 billion grew 5% year-over-year, best growth in industry and raising guidance
- Free Cash Flow(2) of $1.6 billion grew 26% year-over-year, best growth in industry and raising guidance
- Raising merger synergies guidance range to $5.2 to $5.4 billion in 2022
For earnings history and earnings-related data on T-Mobile (TMUS) click here.