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Sprint’s (S) stock fell after the wireless service provider reported a higher-than-expected fiscal Q2 loss, missed on revenue, and cut its full-year EBIDTA forecast to the low end of earlier guidance. However, Sprint also said it added 237,000 postpaid phone customers in the quarter, the first time it has done so in five years, including accounting for its former Nextel brand. Excluding prepaid accounts converted to postpaid, Sprint added 38,000 Scalper1 News
Scalper1 News