T-Mobile US Inc. (TMUS) reported second-quarter net income attributable to common stockholders of $347 million or $0.42 per share, compared to $391 million or $0.48 per share, last year.
The company said the year-over-year decrease in net income and EPS was primarily due to gains on disposal of spectrum licenses of $747 million recognized in the second quarter of 2014, partially offset by a decrease in income tax expense primarily due to the impact of income tax benefits for several discrete items recognized in the second quarter of 2015. Adjusted EBITDA was $1.8 billion, up 25.2% year-over-year.
On average, 22 analysts polled by Thomson Reuters expected the company to report profit per share of $0.18 for the quarter. Analysts' estimates typically exclude special items.
Total revenues were $8.18 billion compared to $7.19 billion, a year ago. Analysts expected revenue of $7.94 billion for the quarter. T-Mobile's total revenues grew by 13.8% year-over-year. The company said the increase was due to continued growth in both service revenues and equipment revenues, which grew by 19.7% year-over-year.
In the second quarter of 2015, T-Mobile added 2.1 million net new customers, including branded postpaid net customer additions of 1.0 million. T-Mobile ended the second quarter of 2015 with 58.9 million total customers.
T-Mobile now expects branded postpaid net customer additions for 2015 to be between 3.4 and 3.9 million, an increase from the previous guidance range of 3.0 to 3.5 million.
T-Mobile expects EPS to be positive for all the remaining quarters and the full-year of 2015. For the full-year of 2015, T-Mobile expects Adjusted EBITDA to be in the range of $6.8 to $7.2 billion, unchanged from previous guidance despite the increase in branded postpaid net customer additions guidance.
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