Sprint Corp. (S) Posts Q3 GAAP Loss of 60c/Share
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Price: $17.89 -1.49%
Revenue Growth %: +19.8%
Financial Fact:
Net loss: -142M
Today's EPS Names:
CRMT, PKE, HELE, More
Revenue Growth %: +19.8%
Financial Fact:
Net loss: -142M
Today's EPS Names:
CRMT, PKE, HELE, More
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Sprint Corp. (NYSE: S) reported Q3 EPS of ($0.60), which may not compare with the analyst estimate of ($0.24). Revenue for the quarter came in at $8.97 billion versus the consensus estimate of $8.69 billion.
Consolidated Adjusted EBITDA* of $1.04 billion declined 10 percent from the prior year period, driven mostly by declines in the Wireline segment.
Sprint postpaid net additions of 30,000 improve by 302,000 sequentially |
◦ | Postpaid gross additions highest in three years, with highest prime mix on record |
◦ | Postpaid churn of 2.30 percent increased 12 basis points sequentially |
◦ | Postpaid phone losses of 205,000 improved by 295,000 sequentially and 202,000 year-over-year |
◦ | Highest postpaid upgrade rate on record at 11.5 percent |
For earnings history and earnings-related data on Sprint Corp. (S) click here.
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