T-Mobile (TMUS) Tops Q4 EPS Expectations; Revenue Rose 1.1%
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Go back to T-Mobile (TMUS) Tops Q4 EPS Expectations; Revenue Rose 1.1%
February 18, 2016 3:09 PM EST
Shares of T-Mobile US, Inc. (Nasdaq: TMUS) are seeing some strong trading activity as the stock looks for a potential move out of negative territory.
Net money flow on TMUS is positive $27.7 million for an uptick-to-downtick ratio at 3.7 times, suggesting stronger buying... More
February 17, 2016 6:14 AM EST
By Malathi Nayak and Anya George Tharakan
(Reuters) - T-Mobile US Inc (NASDAQ: TMUS) nearly tripled its profit in the fourth quarter as its "Binge On" video streaming service and lower-priced plans helped it add more than 2 million subscribers.
The No. 3 U.S. wireless provider said on Wednesday that net income jumped to $297 million, or 34 cents per share, in the quarter from $101 million, or 12 cents per share, a year earlier. This surpassed the average analyst estimate of earnings of 15 cents per share, and the company's shares rose more than 1 percent in morning trade.
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