T-Mobile Reports Q1 Double-Beat, Raises Guidance

benzinga_article
2026.04.28 20:16
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T-Mobile US Inc. (NASDAQ:TMUS) reported Q1 earnings of $2.27 per share, exceeding estimates of $2.02, with revenue of $23.11 billion surpassing the $22.97 billion forecast. Highlights include 217,000 postpaid net account additions and a 15% increase in postpaid service revenues. However, net income fell 15% year-over-year to $2.5 billion due to merger-related costs. CEO Srini Gopalan emphasized strong performance towards 2026 and 2027 targets. TMUS stock rose 0.95% to $188.50 in after-hours trading.