Sprint Nextel reported quarterly loss

Telecommunications company Sprint Nextel reported a net loss in the second financial quarter of $ 48 million or $ 0.01 per share compared to a loss of $ 142 million or $ 0.04 per share for the same period last year.

The income of the company decreased to 7.93 billion against $ 8.25 billion a year earlier.

Analysts predicted losses of Sprint Nextel at the level of 0.02 $ per share and revenues of $ 8.07 billion.

During przetargowej session on the Nasdaq the shares of Sprint Nextel rose 2%, but shortly thereafter became negative.

Sprint Nextel reported quarterly loss 25.10.2017

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