MetroPCS Communications, Inc. (PCS) reported third quarter net income of $73.55 million or $0.21 per share, compared to $44.88 million or $0.13 per share last year.
On average, 22 analysts polled by Thomson Reuters expected the company to report earnings of $0.09 per share. Analysts' estimates typically exclude special items.
Total revenues grew to $895.6 million from $686.72 million in the same quarter last year. Eighteen analysts estimated revenues of $869.08 million.
MetroPCS currently expects net subscriber additions in the range of 1.0 million to 1.2 million on a consolidated basis for the year ending December 31, 2009. The Company currently expects Consolidated Adjusted EBITDA to be in the range of $850 million to $950 million for the year ending December 31, 2009.
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