NII Holdings (NIHD) Reports Q2 EPS of $0.02, Revenues Miss

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NII Holdings Reports 2018 Fourth Quarter And Year End Results

March 18, 2019 6:00 AM EDT

RESTON, Va., March 18, 2019 /PRNewswire/ -- NII Holdings, Inc. [NASDAQ: NIHD] today announced its financial results for the fourth quarter and full year of 2018. For the quarter, the Company generated consolidated operating revenues of $142 million, a consolidated operating loss of $10 million and consolidated adjusted OIBDA of $2 million. The Company's consolidated adjusted OIBDA excludes the impact of non-cash asset impairments, restructuring charges and other unusual items. For the full year, the Company generated consolidated operating... More