Quick Press: Sprint Announces 3rd Quarter Earnings

Earlier this morning, Sprint published their third quarter fiscal report. While there are some silver linings, the elephant in the room is still another $398 million operating loss for the quarter.

Looking at a straight up loss, Sprint once again rolled out the statistics to show how they are growing. 92% of their customers are now on smartphones. With that share, their average line (APRU) brings in $64.28. The source of their income is driven home a bit further by the fact that $5.8 billion of their $7.3 billion in sales is from postpaid clients.

They also continue to roll out their LTE network throughout the US, planning on covering 200 million users in the next two months.

Finally rounding out the announcement, Sprint covered their new offerings that debuted in the last fiscal quarter. Unlimited, My Way and My All-In Plans, Sprint Unlimited Guarantee and Sprint One Up have all helped grow their sales to that $7.3 billion quarterly mark.

Source: http://newsroom.sprint.com/article_display.cfm?article_id=11188&sf944526=1

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