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Sprint reports 2Q loss

October 25, 2016

OVERLAND PARK, Kan. (AP) — Sprint Corp. (S) on Tuesday reported a loss of $142 million in its fiscal second quarter.

The Overland Park, Kansas-based company said it had a loss of 4 cents per share.

The results beat Wall Street expectations. The average estimate of 14 analysts surveyed by Zacks Investment Research was for a loss of 7 cents per share.

The wireless carrier posted revenue of $8.25 billion in the period.

Sprint shares have climbed 91 percent since the beginning of the year. The stock has risen 55 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on S at http://www.zacks.com/ap/S

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Keywords: Sprint, Earnings Report

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