Sprint Corp. (S) Misses Q3 EPS by 1c, Revenues Beat
Sprint Corp. (NYSE: S) reported Q3 EPS of ($0.03), $0.01 worse than the analyst estimate of ($0.02). Revenue for the quarter came in at $8.6 billion versus the consensus estimate of $8.42 billion.
"Sprint's strategy of balancing growth and profitability while we work toward regulatory approval of our T-Mobile merger is reflected in our fiscal third quarter results," said Sprint CEO Michel Combes. "We delivered solid financials, increased network investments as we prepare for our mobile 5G launch, and continued the digital transformation of the company."
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