Sprint Corp. (S) Reports Q4 Loss of $0.06/Share; Adjusted EBITDA Tops Expectations
Sprint Corp. (NYSE: S) reported Q4 EPS of ($0.06), versus ($0.04) reported last year. Revenue for the quarter came in at $8.28 million, versus $8.88 million reported last year.
Adjusted EBITDA was $1.7 billion, versus the consensus estimate of $1.66 billion.
1.2 million Sprint platform net additions compared to net losses of 383,000 in the prior year quarter |
◦ | Postpaid net additions of 211,000 compared to net losses of 231,000 in the prior year quarter |
◦ | Postpaid phone losses of 201,000 improved sequentially for the fourth consecutive quarter and improved by nearly 500,000 year-over-year |
◦ | Prepaid net additions of 546,000 led the industry for second consecutive quarter and compared to net losses of 364,000 in the prior year quarter |
◦ | Wholesale net additions of 492,000 increased from 212,000 in the prior year quarter |
For earnings history and earnings-related data on Sprint Corp. (S) click here.