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Sprint grows Q2 revenue to USD 8.88 billion

2013-07-30 09:22:00| Telecompaper Headlines

(Telecompaper) US mobile operator Sprint reported USD 8.88 billion of revenues in the second quarter, compared to USD 8.84 billion a year earlier. The company's operating loss widened to USD 874 million from USD 629 million in the second quarter of 2012. It recorded a pretax loss of USD 1.54 billion, versus USD 1.35 billion in the year-earlier quarter. Sprint Nextel made a USD 1.6 billion net loss in the second quarter (USD 0.53 loss per share), including approximately USD 430 million of depreciation and USD 623 million of non-cash charges related to the Nextel platform shutdown. Sprint had 53.38 million mobile customers at the end of June, including 30.45 million postpaid, 15.22 million prepaid and 7.71 million wholesale and affiliate subscribers. The Nextel platform was shut down on 30 June, with a postpaid Nextel recapture rate of 34 percent.

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Sprint's 2nd-quarter loss expands, revenue stays flat, beating expectations

2013-07-30 09:12:54| Telecom - Topix.net

Sprint Corp. said Monday that its second-quarter net loss grew while revenue held steady as the wireless carrier released its first earnings report under majority owner SoftBank.

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AH Belo posts higher 2Q profit on lower revenue

2013-07-30 03:36:12| Oil & Gas - Topix.net

A.H. Belo Corp. on Monday reported that earnings rose, even as revenue fell, because the newspaper publisher saved money on salaries and newsprint.

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Brasil Foods Sees Revenue Rise

2013-07-30 02:00:00| ThePigSite - Industry News

BRAZIL - Brazilian poultry, meat and food processor Brasil Foods saw the company’s net revenue rise by 10 per cent in the second quarter of the year to R$7.5 billion.

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Chipset News: Qualcomm, Inc. (QCOM)'s Higher Revenue, Intel...

2013-07-30 01:04:17| Semiconductors - Topix.net

Editor's Note: Related tickers: QUALCOMM, Inc. , Intel Corporation , Broadcom Corporation , Google Inc , Microsoft Corporation QUALCOMM, Inc. shares trading up The mobile chipset manufacturer with its operations based in San Diego, QUALCOMM, Inc. had recently reported the third quarter results which proved to be higher than the expectations of the ... (more)

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