Sprint (S) July weekly volatility flat into Q1 and outlook
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Sprint Corp. (S) Announces Q1 Results; Reports 173k Postpaid Net Sub Adds
July 25, 2016 7:35 AM EDTSprint Corporation (NYSE: S) reported operating results for the first quarter of fiscal year 2016, including the lowest postpaid phone churn in company history at 1.39 percent and a total liquidity position of nearly $11 billion. The company also reported total net operating revenues of $8 billion, net loss of $302 million, operating income of $361 million, and Adjusted EBITDA* of $2.5 billion.
We had another quarter of solid progress in our turnaround with the highest first quarter postpaid phone net additions in nine years1, the lowest postpaid phone churn in company history, and finally being postpaid net port... More
