T-Mobile US beats by $0.06, reports revs in-line (59.36 -0.64)
- Reports Q2 (Jun) earnings of $0.92 per share, $0.06 better than the Capital IQ Consensus of $0.86; revenues rose 3.5% year/year to $10.57 bln vs the $10.65 bln Capital IQ Consensus.
- Adjusted EBITDA rose 7% to $3.2 billion.
- Co had 1.6 million total net additions, the 21st consecutive quarter with more than 1 million net additions. Co reports 1.0 million total branded postpaid net additions.
- 2018 Outlook: Adjusted EBITDA is expected to be between $11.5-11.9 bln, up from prior guidance of $11.4-11.8 bln.
- Note: Co is in process of merging with Sprint (S).