Sprint (S) Revenue Rises 2%

August 8, 2007 by Douglas A. McIntyre

Sprint’s (S) net operating revenues of $10.2 billion in the second quarter were 2% above the year-ago period

For the second quarter, diluted earnings per share (EPS) from continuing operations was 1 cent, compared to 10 cents in the second quarter of 2006.

Free cash flow fell from $761 million to $183 million. Capex rose from $1.359 billion to $1.666 billion as the company continued to build out its national WiMax network.

Post-paid net additions increased more than 235,000 from the first quarter and were a positive 16,000 for the quarter.

Post-paid churn for the quarter was a little more than 2.0%, compared to 2.3% in the first quarter 2007 and a little more than 2.1% in the year-ago second quarter.

Douglas A. McIntyre

Sponsored: Want to Retire Early? Here’s a Great First Step

Want retirement to come a few years earlier than you’d planned? Or are you ready to retire now, but want an extra set of eyes on your finances?

Now you can speak with up to 3 financial experts in your area for FREE. By simply clicking here you can begin to match with financial professionals who can help you build your plan to retire early. And the best part? The first conversation with them is free.

Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.