Sprint Corp. (S) Reports Q2 Adj. EBITDA of $2.85B

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Sprint Reports Net Income for the First Time in Three Years with First Quarter of Fiscal 2017 Results

August 1, 2017 7:30 AM EDT

Net income of $206 million, operating income of $1.2 billion, and Adjusted EBITDA* of $2.9 billion Net income for the first time in three years Highest Adjusted EBITDA* in nearly 10 years Nearly $370 million of combined year-over-year reductions in cost of services and selling, general and administrative (SG&A) expenses Net operating revenues of $8.2 billion grew year-over-year for the fourth consecutive quarter Net cash provided by operating activities of $1.3 billion and adjusted free cash flow* of $239 million Postpaid... More