T-Mobile swings to a profit driven by customer gains

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T-Mobile (TMUS) Reports In-Line Q1 EPS, Ex-Spectrum Gain

April 26, 2016 6:29 AM EDT

T-Mobile (NASDAQ: TMUS) reported Q1 EPS of $0.10, ex-spectrum gain, in-line with the analyst estimate of $0.10. Revenue for the quarter rose 10.6% to $8.6 billion versus the consensus estimate of $8.4 billion.

The after-tax impact of the spectrum gain on EPS in the first quarter of 2016 was $0.46. Including the gain,... More