Despite its new CEO, Sprint continues to be an unmitigated disaster

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Brad Reed

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Sprint may have a new CEO, but it's still putting out the same dismal quarterly earnings reports. In its fiscal Q2 2014 earnings released Monday, Sprint posted a net loss of $0.19 per share, or more than triple the consensus estimate of a loss of $0.06 per share. The company also missed on its revenue expectations as its quarterly revenues of $8.49 billion were less than the consensus estimate of $8.59 billion.

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