Sprint narrows EPS loss in Q4

Investor's Business Daily

Wireless carrier Sprint (S)lost 69,000 postpaid, or contract, subscribers in Q4, far less than its projection for a 401,000 loss. Including prepaid and wholesale customers, Sprint added 477,000 subscribers, topping views for 158,000. The company lost 26 cents vs. a 44-cent loss in Q4 '12. Analysts expected a 33-cent loss. Revenue rose 1.5% to $9.14 bil, ahead of forecasts for $8.97 bil. Shares rose 2.7% to 7.90.

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