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Canaccord Genuity Says Downside Limited in Shares of Leap Wireless (LEAP)

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Leap Wireless (LEAP) Posts Surprise Q3 EPS of 32c; Considering Alternatives to LTE Network

November 7, 2012 9:11 AM EST

Leap Wireless (NASDAQ: LEAP) reported Q3 EPS of $0.32, $1.02 better than the analyst estimate of ($0.70). Revenue for the quarter came in at $772 million versus the consensus estimate of $774.64 million.

The Company is considering alternatives to offer next-generation LTE network technology services to customers in... More