Sprint Corp. (S) Reports Q2 Adjusted EBITDA of $2.7 Billion

Sprint Corp. (NYSE: S) reported Q2 EPS of ($0.01), $0.01 worse than the analyst estimate of $0.00. Revenue for the quarter came in at $7.93 billion versus the consensus estimate of $8.69 billion.

• Net loss of $48 million, operating income of $601 million, and adjusted EBITDA* of $2.7 billion

Fiscal Year 2017 Outlook

• The company continues to expect adjusted EBITDA* of $10.8 billion to $11.2 billion.
• The company continues to expect operating income of $2.1 billion to $2.5 billion.
• The company continues to expect cash capital expenditures, excluding devices leased through indirect channels, of $3.5 billion to $4 billion.
• The company expects adjusted free cash flow* to be around break-even.

For earnings history and earnings-related data on Sprint Corp. (S) click here.

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