Clearwire (CLWR) Moves Higher Followng Strong Preliminary Q4 Numbers
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Clearwire Corp. (Nasdaq: CLWR) is ripping following issuance of better-than-expected preliminary fourth-quarter 2011 numbers. Shares are indicated about 7 percent higher ahead of the bell Tuesday.
According to the Company, fourth-quarter sales should be $362 million, besting views calling for $356.3 million. Also, net wholesale sub adds of about 900,000, sees adjusted-EBITDA positive.
According to the Company, fourth-quarter sales should be $362 million, besting views calling for $356.3 million. Also, net wholesale sub adds of about 900,000, sees adjusted-EBITDA positive.
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