Sprint may have a new CEO, but it’s still putting out the same dismal quarterly earnings reports. In its fiscal Q2 2014 earnings released Monday, Sprint posted a net loss of $0.19 per share, or more than triple the consensus estimate of a loss of $0.06 per share. The company also missed badly on its revenue expectations as its quarterly revenues of $8.49 billion were less than the consensus estimate of $8.59 billion. Perhaps the most discouraging number for Sprint, however, was that it lost a total of 272,000 postpaid subscribers on the quarter even as rivals Verizon, T-Mobile and AT&T all posted impressive postpaid gains over the same period.
Read more here:: Boy Genius Report