Sprint Shares Drop After Results Fall Short Of Street View
SAN FRANCISCO – Sprint Corp. shares fell in the extended session Monday after the telecom's quarterly results fell short of expectations. Sprint shares declined 6.5% to $5.80 on heavy volume. Sprint reported a fiscal fourth-quarter loss of 19 cents a share on revenue of $8.49 billion. Analysts surveyed by FactSet expected a loss of 11 cents a share on revenue of $8.76 billion.
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