NII Holdings (NIHD) Reports Q2 EPS of $0.02, Revenues Miss

NII Holdings (NASDAQ: NIHD) reported Q2 EPS of $0.02, versus ($0.75) reported last year. Revenue for the quarter came in at $141.7 million versus the consensus estimate of $188.9 million.

"Our results this quarter and for the full year 2018 reflect the continued execution of our strategy that focuses on growing our subscriber base by catering to value-minded customers in Sao Paulo and Rio that appreciate our promise on price, network performance and customer service," stated Roberto Rittes, Chief Executive Officer of Nextel Brazil. "Our success in positioning our business to compete well in Brazil is a direct result of the hard work, sacrifice and innovative spirit that our employees have delivered, and I want to thank them for their efforts."

For earnings history and earnings-related data on NII Holdings (NIHD) click here.

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