Sprint Corp. (S) Tops Q2 EPS by 6c, Revenues Beat; Raises FY18 Adj. EBITDA Outlook

Go back to Sprint Corp. (S) Tops Q2 EPS by 6c, Revenues Beat; Raises FY18 Adj. EBITDA Outlook

Sprint Reports Year-Over-Year Growth In Wireless Service Revenue With Fiscal Year 2018 Second Quarter Results

October 31, 2018 7:30 AM EDT

OVERLAND PARK, Kan., Oct. 31, 2018 /PRNewswire/ --

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 standard Net income of $196 million, operating income of $778 million, and adjusted EBITDA* of $3.3 billion Fourth consecutive quarter of net income and 11th consecutive quarter of operating income Highest fiscal second quarter adjusted EBITDA* in 12 years and raising fiscal year 2018 adjusted EBITDA* outlookNet cash provided by operating activities of $2.9 billion and... More