Wednesday, 27 April 2016

T-Mobile Posts $479M Profit in Q1, Reversing $63M Year-Ago Loss



Revenue was up for T-Mobile in the first quarter of 2016 to $8.6 billion from $7.8 billion one year ago, while the company also added 877,000 branded postpaid phone customers.


T-Mobile’s first quarter of 2016 was a good one, with a $479 million net income that contrasts with a $63 million loss one year ago, and revenue that rose to $8.6 billion from $7.8 billion for the same quarter in 2015.

Adding to the company’s healthy profit and revenue news are diluted earnings per share of 56 cents, which vastly exceeded the 10 cents…


Source link



T-Mobile Posts $479M Profit in Q1, Reversing $63M Year-Ago Loss

No comments:

Post a Comment