T-Mobile US reports Q2 GAAP EPS of $2.99, exceeding expectations, while revenue misses by $150M at $22.79B.
T-Mobile US posted Q2 GAAP earnings per share of $2.99, beating estimates by $0.39 and marking a 5% year-over-year increase. The results included $0.14 in UScellular merger-related costs, such as accelerated depreciation, net of tax.
Revenue for the quarter reached $22.79B, missing expectations by $150M. The company’s earnings growth contrasted with the revenue shortfall, reflecting higher costs tied to recent mergers.
Shares may see mixed reactions as investors weigh stronger profitability against weaker-than-expected revenue performance.