5 Stocks Making Big Moves on Financial Results

3. T-Mobile US, Inc. (NASDAQ:TMUS)

Number of Hedge Fund Holders: 89

Shares of T-Mobile US, Inc. (NASDAQ:TMUS) hit a nearly one-month high in the pre-market trading session on Thursday, February 3, 2022, after posting its fourth-quarter profit above expectations.

T-Mobile US, Inc. (NASDAQ:TMUS) reported earnings of 34 cents per share, compared to 60 cents per share in the year-ago period. Revenue came in at $20.79 billion, up from $20.34 billion in the comparable period of 2020. Analysts were looking for earnings of 13 cents per share on revenue of $21.08 billion.

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Among other updates, T-Mobile US, Inc. (NASDAQ:TMUS) reported that it added 5.5 million postpaid net customers in 2021. Looking forward, the company expects postpaid net customer additions in the range of 5 – 5.5 million for 2022.

CEO Mike Sievert praised the latest quarterly performance. He said in a statement:

“T-Mobile had our strongest year ever. We didn’t just meet the bold goals we set for 2021 around customer growth, profitability, merger synergies and network buildout – we crushed all of them.”