
After Wall Street closed on Monday, Sprint reported lower earnings than expected for the third quarter. The company had a loss of 19 cents a share, much wider than the 6 cents a share of red ink that Wall Street analysts were expecting. Revenue also fell under expectations as Sprint reported top-line sales of $8.49 billion. That was lower than the $8.59 billion that the Street was looking for, but did top last year's revenue of $7.75 billion.
In a period where AT&T, T-Mobile and Verizon are constantly adding new post-paid customers, Sprint lost 272,000 of those coveted accounts in the ...
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