BELLEVUE, Wash. (AP) 鈥� BELLEVUE, Wash. (AP) 鈥� T-Mobile US Inc. (TMUS) on Tuesday reported first-quarter profit of $2.5 billion.
The Bellevue, Washington-based company said it had profit of $2.27 per share. Earnings, adjusted for non-recurring costs, were $2.70 per share.
The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $2.06 per share.
The wireless carrier posted revenue of $23.11 billion in the period, also surpassing Street forecasts. Six analysts surveyed by Zacks expected $22.96 billion.
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