Top 5 Gainers on Friday

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

Number of Hedge Fund Holders: 96

Shares of T-Mobile US, Inc. (NASDAQ:TMUS) rose more than six percent in mid-day trading Friday after beating profit expectations for the third quarter and lifting the subscriber growth outlook for the full year.

T-Mobile US, Inc. (NASDAQ:TMUS) reported earnings of 40 cents per share, smashing the consensus of 30 cents per share. Revenue for the quarter inched down 1 percent versus last year to $19.5 billion, marginally below expectations of $20 billion.

On the bright side, the telecommunications giant added 1.6 million postpaid subscribers during the quarter, beating analysts’ average estimate of 1.5 million additions.

For the full year, T-Mobile US, Inc. (NASDAQ:TMUS) now expects to add postpaid subscribers in the range of 6.2 – 6.4 million, compared to its previous projection between 6 – 6.3 million additions.