Sprint Corp. (S) Posts Q3 GAAP Loss of 60c/Share
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.