T-Mobile (NASDAQ: TMUS) reported its Q3 results with revenues of $19.48 billion, down by 0.7% year-over-year and missing consensus estimates by $500 million.
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The telecommunication giant’s earnings came in at $0.4 per diluted share, a fall of 27.3% year-over-year and surpassing analysts’ estimates of $0.3 per share.
However, the company had the best postpaid net account additions of 394,000, ” best in industry and highest in company history.” T-Mobile’s net operating cash flow grew 26% year-over-year to $4.4 billion, its best growth in the industry.
T-Mobile also raised its guidance for FY22 with postpaid net customer additions expected to be between 6.2 million and 6.4 million, up from its prior guidance of 6 million to 6.3 million.
Adjusted EBITDA excluding lease revenues, is anticipated to be between $26.2 billion and $26.4 billion, versus its prior guidance of $26.0 billion to $26.3 billion.
