Wednesday, April 27, 2016

T-Mobile Posts $479M Profit in Q1, Reversing $63M Year-Ago Loss



Revenue was up for T-Mobile in the first quarter of 2016 to $8.6 billion from $7.8 billion one year ago, while the company also added 877,000 branded postpaid phone customers.


T-Mobile’s first quarter of 2016 was a good one, with a $479 million net income that contrasts with a $63 million loss one year ago, and revenue that rose to $8.6 billion from $7.8 billion for the same quarter in 2015.

Adding to the company’s healthy profit and revenue news are diluted earnings per share of 56 cents, which vastly exceeded the 10 cents…


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T-Mobile Posts $479M Profit in Q1, Reversing $63M Year-Ago Loss

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