T-Mobile raises forecast for subscriber additions on strength from bundled plans

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T-Mobile posts mixed Q1 top and bottom line, expects more subscribers in 2024

April 25, 2024 4:46 PM EDT

T-Mobile (NASDAQ: TMUS) posted Q1 2024 earnings that beat analyst estimates, though revenue fell short of expectations.

The company also raised its guidance for monthly bill-paying phone subscriber growth, sending shares marginally higher in after-hours.

For the fiscal first quarter, the company reported earnings per share (EPS) of $2.00, beating the consensus estimates of $1.87. Revenue came in... More