Sprint reports smaller loss than usual in Q3 earnings

Sprint just released earnings for Q3, and while the company managed to add their best ever amount of net new wireless subscribers — 1.3 million — Sprint still lost 44,000 subs. Sprint’s postpaid ARPU has grown by $1 sequentially and $3 year-over-year as well. Sprint still didn’t make money this quarter, though, with a reported net loss of $301 million, down from a net loss of $911 million one year ago. Investors were looking to see a number north of around $-0.22 a share, and Sprint’s diluted loss for the quarter came in at $-0.10 a share. Of note: Sprint’s iPhone 4 and iPhone 4S sales are not included in here as the phones didn’t launch until October 14th. Full release is available at Sprint’s investor site.


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