Sprint Corp. (S) Q4 Revenue Tops Consensus

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Sprint Reports Fiscal Year 2018 Fourth Quarter And Full Year Results

May 7, 2019 4:06 PM EDT

OVERLAND PARK, Kan., May 7, 2019 /PRNewswire/ --

Fiscal year 2018 wireless service revenue stabilized year-over-year, excluding the impact of the new revenue recognition standard Fiscal fourth quarter wireless service revenue grew 1 percent year-over-year Fiscal year 2018 net loss of $1.9 billion and operating income of $398 million both include a preliminary non-cash charge of $2 billion; Adjusted EBITDA* of $12.8 billion Fiscal fourth quarter net loss of $2.2 billion, operating loss of $1.7 billion, and adjusted EBITDA* of $3.1 billion Fiscal year 2018 postpaid net additions of 710,000 improved by 286,000... More