Sprint Reports Year-over-Year Growth in Net Operating Revenues for the First Time in over Two Years and a Year-over-Year Increase of More Than Five Times in Postpaid Phone Net Additions

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Go back to Sprint Reports Year-over-Year Growth in Net Operating Revenues for the First Time in over Two Years and a Year-over-Year Increase of More Than Five Times in Postpaid Phone Net Additions

Sprint (S) PT Raised to $4.50 at Jefferies

October 26, 2016 8:22 AM EDT

Jefferies analyst Mike McCormack raised his price target on Sprint (NYSE: S) to $4.50 (from $2.50) but maintained an Underperform rating.

McCormack commented, "Having preannounced better than expected results, the focus today was on ARPU, which was below estimates, though still reflected moderating declines.... More

Sprint Corp. (S) Reports Q2 Loss of $0.04/Share

October 25, 2016 7:46 AM EDT

Sprint Corp. (NYSE: S) reported Q2 EPS of ($0.04), versus ($0.15) reported last year. Revenue for the quarter came in at $8.25 billion, versus $8 billion reported last year.

Fiscal Year 2016 Outlook

The company is raising its guidance for operating income from its previous expectation of $1... More

Sprint Corp. (S) Reports Q2 Loss of $0.04

October 25, 2016 7:42 AM EDT

Sprint Corp. (NYSE: S) reported Q2 EPS of ($0.04), versus ($0.15) reported last year. Revenue for the quarter came in at $8.25 billion versus the consensus estimate of $8.69 billion.

Postpaid phone net additions of 347,000 doubled from the prior quarter and improved from 62,000 in the prior year a year-over-year increase of more than five times

Postpaid phone churn of 1.37 percent is the best in company history and improved... More