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

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

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

October 25, 2016 7:35 AM EDT

Record Low Postpaid Phone Churn with Second Quarter of Fiscal Year 2016 Results

Net operating revenues of $8.25 billion grew year-over-year for the first time in over two years Net loss of $142 million, operating income of $622 million and Adjusted EBITDA* of $2.35 billion More than $1.1 billion of year-to-date reductions in cost of service and selling, general, and administrative expenses Net cash provided by operating activities of $1.71 billion; Adjusted free cash flow* of $707 million Nearly $1.2 billion of... More