T-Mobile US Inc. announced on Wednesday that its revenue for the second quarter of 2024 added 3% on a yearly basis, landing at $19.8 billion. Net income soared 31.7% to $2.9 billion, and the diluted earnings per share (EPS) jumped 33.9% to $2.49. The company said it added 301,000 postpaid net accounts, 1.3 million postpaid net customers, 777,000 postpaid phone net customers, and 406,000 high-speed internet net customers.
"It was another industry-leading quarter for T-Mobile as our continued focus on delivering customers more value and a superior network experience enabled us to outperform our peers in the marketplace and translated into outsized financial growth," CEO Mike Sievert said.
T-Mobile's stock grew by 2.65% in Wednesday's premarket trade after the publication of its quarterly figures.
