Categories Analysis, Other Industries

Earnings: Everything you need to know about T-Mobile’s Q3 results

T-Mobile US Inc. (NASDAQ: TMUS) has said its customer base expanded further in the third quarter of 2022, but the telecom giant’s revenues and earnings declined.

T-Mobile US Q3 2022 earnings infographic

At the end of the quarter, T-Mobile had around 111.8 million customers, which is higher compared to the prior quarter and the third quarter of 2021. Total revenues, meanwhile, decreased by 1% annually to $19.48 billion during the three-month period.

As a result, third-quarter net income dropped to $508 million or $0.40 per share from $691 million or $0.55 per share in the prior-year quarter. At $7.04 billion, adjusted EBITDA was up 3%


Read management/analysts’ comments on T-Mobile’s Q3 2022 earnings


“We’ve always said our aspiration was to be the first and only provider to offer customers both the best network and the best value without having to sacrifice one for the other — and based on another set of standout customers and financial results for Q3, it’s clear we’re delivering on that promise,” said Mike Sievert, CEO of T-Mobile.

Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!

Most Popular

Salesforce stock hit by weak guidance, co-CEO’s exit. What next?

For technology stocks, 2022 has been a challenging year, with companies losing significant market value amid prolonged stock selloff. In that respect, Salesforce, Inc. (NYSE: CRM) is among the worst-affected

Macy’s (M): Here’s a look at the retailer’s expectations for the near term

Shares of Macy’s Inc. (NYSE: M) were down on Thursday. The stock has gained 36% over the past three months and 18% over the past one month. The company’s sales

KR Earnings: Kroger Q3 sales, profit increase and top expectations

Department store chain The Kroger Co. (NYSE: KR) on Thursday said its third-quarter sales and adjusted earnings increased year-over-year. The latest numbers also exceeded the market's expectations. Net earnings attributable to

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top