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News / Business

T-Mobile reports Q4 earnings of $1.48B

The Columbian
Published: February 1, 2023, 7:48am

BELLEVUE (AP) — T-Mobile US Inc. (TMUS) on Wednesday reported fourth-quarter earnings of $1.48 billion.

The Bellevue, Washington-based company said it had net income of $1.18 per share.

The results beat Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $1.10 per share.

The wireless carrier posted revenue of $20.27 billion in the period, which fell short of Street forecasts. Eight analysts surveyed by Zacks expected $20.79 billion.

For the year, the company reported profit of $2.59 billion, or $2.06 per share. Revenue was reported as $79.57 billion.

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