T-Mobile (TMUS) Impresses With Whopping Gains on 5th Day

We recently published Rally Alert: 10 Stocks That Just Made Investors Richer. T-Mobile US, Inc. (NASDAQ:TMUS) is one of the best-performing stocks on Thursday.

T-Mobile rallied for a fifth consecutive day on Thursday, adding 5.8 percent to close at $247.5 apiece after achieving an impressive earnings performance in the second quarter of the year.

During the period, T-Mobile US, Inc. (NASDAQ:TMUS) grew its net income by 10 percent to $3.2 billion from $2.9 billion in the same period last year, pushing its six-month figure up by 16.5 percent to $6.175 billion from $5.299 billion year-on-year.

Diluted earnings per share ended at $2.84, or 14 percent higher than the $2.49 year-on-year.

Total revenues also rose by 6.9 percent to $21.1 billion from $19.77 billion in the same period a year earlier, while postpaid net customer additions clocked in at 1.7 million.

Following the strong performance, T-Mobile US, Inc. (NASDAQ:TMUS) raised its growth outlook for the year, with postpaid net customer additions now expected to jump to between 6.1 million and 6.4 million, or an increase from prior guidance of 5.5 million to 6 million.

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