T-Mobile Misses Earnings Estimates Widely

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T-Mobile Misses Earnings Estimates Widely
By T-Mobile (File derived from T-Mobile logo.svg) [Public domain], via Wikimedia Commons

T-Mobile released the results from its third fiscal quarter before opening bell this morning, posting  earnings of 15 cents per share on $7.8 billion in revenue, a 7% year over year increase. Analysts had wanted to see earnings of 30 cents per share on $8.29 billion in revenue.

T-Mobile the fastest growing mobile carrier

The mobile carrier added 2.3 million subscribers during the quarter, marking the 10th in a row in which it added more than 1 million subscribers. Of those adds, 1.1 million were branded postpaid net adds. T-Mobile added 843,000 branded postpaid phones and 595,000 branded prepaid subscribers.

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