Apr 24th, 2013: A quick snapshot of Sprint Nextel Corp. (S)'s top and bottom line results.

Q1 2013 Quarterly Results:

  • Highlights: Adjusted Operating Income grows highest in 4 years despite significant business investments; Highest ever subscriber base reported; Net Operating Revenue declines.
  • Revenue: Net Operating Revenue declined 2% from last year, coming in at $8.79B versus $9.00B. However, revenue targets were almost in line with the $8.71B expected by analysts.

      (See Also: Is Sprint Nextel (S) Stock a Good Buy, Sell or Short in 2013?)

  • Net Income: The Company reported Net Loss of $643M compared to a Net Loss last year of $863M. 
  • E/PS: Q1 2013 Diluted Loss per share was $0.21/share compared to Loss/share of $0.29 last year. Analysts were expecting a Net Loss per share of $0.32.

Sprint (S) – 1 Yr Stock Chart

Good luck in your investing. Let us know if you have any questions, comments or feedback,

MarketConsensus Stock Analysis Team

Stay in Touch:
Facebook             (Like Us on Facebook)
Google +              (Connect with Us on Google+)
Twitter                  (Follow Us on Twitter)
Contact Us           (Questions/Comments)