T-Mobile US Shares Gain on Q1 Performance; Boosting Sprint Merger Synergies Outlook

A T-Mobile store sign in Huntington Station, New York, on March 26, 2020. Bruce Bennett/Getty Images

T-Mobile US, Inc. reported first-quarter FY22 revenue growth of 1.8 percent year-on-year to $20.12 billion, beating the consensus of $20.11 billion. EPS of $0.57 beat the consensus of $0.32.

Service revenues of $15.1 billion grew 7 percent Y/Y, including Postpaid service revenue growth of 9 percent.