UPDATE: Sprint Posts Wider Q2 Net Loss

by Lisa Levin, Benzinga Editor
July 30, 2013 7:20 AM | 18 seconds read |
Sprint S reported a net loss in the second quarter. Sprint posted a quarterly loss of $1.6 billion, versus a year-ago loss of $1.4 billion. Its revenue rose to $8.88 billion from $8.84 billion, beating analysts' estimates of $8.73 billion. Sprint's wireless service revenue rose 8% to $7.2 billion. Sprint shares closed at $5.74 yesterday.
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