Clearwire Corporation (CLWR) Tops Q2 EPS by 3c; Boosts FY12 Revs Outlook
Tweet Send to a FriendGet Alerts CLWR Hot Sheet
Trade CLWR Now!
Clearwire Corporation (NASDAQ: CLWR) reported Q2 EPS of ($0.28), $0.03 better than the analyst estimate of ($0.31). Revenue for the quarter came in at $316.9 million versus the consensus estimate of $320.8 million.
Clearwire ended second quarter 2012 with approximately 11.0 million total subscribers, up 43% from 7.6 million subscribers in second quarter 2011. The subscriber base consists of 1.3 million retail subscribers and 9.6 million wholesale subscribers, reflecting 8,000 retail and 34,000 wholesale net subscriber losses during second quarter 2012. Wholesale subscribers consist primarily of Sprint 3G/4G smartphone customers.
Sees FY2012 revenue of $1.2-$1.3 billion, versus prior guidance of $1.15-$1.25 billion and the consensus of $1.29 billion.
For earnings history and earnings-related data on Clearwire Corporation (CLWR) click here.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
Clearwire ended second quarter 2012 with approximately 11.0 million total subscribers, up 43% from 7.6 million subscribers in second quarter 2011. The subscriber base consists of 1.3 million retail subscribers and 9.6 million wholesale subscribers, reflecting 8,000 retail and 34,000 wholesale net subscriber losses during second quarter 2012. Wholesale subscribers consist primarily of Sprint 3G/4G smartphone customers.
Sees FY2012 revenue of $1.2-$1.3 billion, versus prior guidance of $1.15-$1.25 billion and the consensus of $1.29 billion.
For earnings history and earnings-related data on Clearwire Corporation (CLWR) click here.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
You May Also Be Interested In
- Abercrombie & Fitch Co. (ANF) Misses Q1 EPS by 4c; Guides FY Below Views
- Marvell Technology Group (MRVL) Tops Q1 EPS by 5c; Issues Solid Outlook
- Gordmans Stores, Inc. (GMAN) Tops Q1 EPS Views; Issues Light Q2 Outlook
Create E-mail Alert Related Categories
Earnings, Guidance, Hot GuidanceRelated Entities
EarningsComments
Login with Facebook
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
Clearwire
Me on Jul 26, 2012 04:20 PMMark as Spam | Reply to this comment
Your article is narrowly scoped when you define that clearwire lost subs, but what you don't say is that their wholesale sub count from Sprint is pointless as Sprint pays a flat fee