Sprint Reports Year-Over-Year Growth In Wireless Service Revenue With Fiscal Year 2018 Second Quarter Results
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Sprint Corp. (S) Tops Q2 EPS by 6c, Revenues Beat; Raises FY18 Adj. EBITDA Outlook
October 31, 2018 7:34 AM EDTSprint Corp. (NYSE: S) reported Q2 EPS of $0.05, $0.06 better than the analyst estimate of ($0.01). Revenue for the quarter came in at $8.43 billion versus the consensus estimate of $7.97 billion.
Wireless service revenue grew year-over-year for the first time in nearly five years, excluding the $173 million impact of the new revenue recognition standardNet income of $196 million, operating income of $778 million, and adjusted EBITDA* of $3.3 billionFourth consecutive quarter of net income and 11th consecutive... More