NII Holdings, Inc. (NIHD) Misses Q2 EPS by 6c; Adds 382K Net Subs

July 28, 2011 6:47 AM EDT
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NII Holdings, Inc. (NASDAQ: NIHD) reported Q2 EPS of $0.66, $0.06 worse than the analyst estimate of $0.72. Revenue for the quarter came in at $1.75 billion versus the consensus estimate of $1.71 billion.

During the quarter, the company added 382,000 net subscribers to its network, bringing its ending subscriber base to more than 9.8 million, a 20 percent increase in the ending subscriber base compared to the subscriber base on June 30, 2010.


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