WASHINGTON (dpa-AFX) - T-Mobile US, Inc. (TMUS) announced a profit for its first quarter that increased from last year and beat the Street estimates.
The company's bottom line came in at $2.37 billion, or $2.00 per share. This compares with $1.94 billion, or $1.58 per share, in last year's first quarter.
Analysts on average had expected the company to earn $1.87 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 3.5% to $16.10 billion from $15.55 billion last year.
T-Mobile US, Inc. earnings at a glance (GAAP) :
-Earnings (Q1): $2.37 Bln. vs. $1.94 Bln. last year. -EPS (Q1): $2.00 vs. $1.58 last year. -Revenue (Q1): $16.10 Bln vs. $15.55 Bln last year.
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