T-Mobile Reports Industry-Leading Customer Growth & Record Financial Performance in Q1 2020, While Laying the Foundation for the Future

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Go back to T-Mobile Reports Industry-Leading Customer Growth & Record Financial Performance in Q1 2020, While Laying the Foundation for the Future

T-Mobile (TMUS) Tops Q1 EPS by 7c, Offers Outlook

May 6, 2020 4:03 PM EDT

T-Mobile (NASDAQ: TMUS) reported Q1 EPS of $1.10, $0.07 better than the analyst estimate of $1.03. Revenue for the quarter came in at $11.11 billion versus the consensus estimate of $11.4 billion.

New T-Mobile Provides Outlook for Q2 2020

Due to uncertainty around the ongoing impact of COVID-19, purchase price accounting and accounting policy alignment work and conforming legacy Sprint key performance indicators to T-Mobile policies, our guidance for the New T-Mobile is for Q2 2020 only. We expect to provide guidance for the remainder of 2020 on our second quarter earnings call.

We expect postpaid net customer additions... More