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T-Mobile reports quarterly earnings beat, raises free cash flow outlook
Proactive20d agobullish
T-Mobile reports quarterly earnings beat, raises free cash flow outlook

T-Mobile US Inc (NASDAQ:TMUS, XETRA:TM5) shares fell about 5% in early trade on Thursday after the wireless carrier reported second quarter results that topped Wall Street expectations on earnings but narrowly missed revenue estimates. The company reported adjusted earnings per share of $2.99...

T-Mobile shares decline despite earnings beat and higher cash flow forecast (NASDAQ:TMUS)
InvestorsHub20d agobullish
T-Mobile shares decline despite earnings beat and higher cash flow forecast (NASDAQ:TMUS)

T-Mobile (NASDAQ:TMUS) shares moved lower in premarket trading on Thursday after the wireless carrier reported second-quarter earnings above analysts’ expectations but fell short of revenue forecasts, despite lifting its full-year free cash flow outlook. While profitability and cash generation remained strong, investors focused on the slight revenue miss following another quarter of steady subscriber growth.