Sprint's net increases 3% on growth in long-distance and wireless areas
Article Abstract:
Sprint Corp. posted a 3% rise in its earnings for the 1999 fourth-quarter. The company, benefiting from long-distance phone and wireless services growth, posted $416 million (427.7 million euros) in net income for the period.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2000
User Contributions:
Comment about this article or add new information about this topic:
Sprint's earnings rise; stock split planned at unit
Article Abstract:
Sprint Corp. posted a 16% increase in its earnings for the first-quarter of 1999. The improvement in earnings is a reflection of the reduced losses at the company's Global One global venture. Sprint also announced that it was launching a two-for-one stock split for the shares that are used to track its core businesses. The company posted $406.2 million in earnings for the period ending on March 31, 1999.
Comment:
Posts 16% increase in earnings for first-quarter of 1999
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
Sprint's net grows 6% despite losses at Venture
Article Abstract:
Sprint Corp. announced that its earnings for the second-quarter of 1999 increased 6%. The company's earnings concurred with what analysts had predicted. Sprint posted the increase despite its expanding losses at its Global One venture. Sprint posted $386 million ($366.8 million) in quarterly net income. During the same period in 1998, the company posted $364 million. Sprint's revenues rose to $4.24 billlion.
Comment:
Earnings for second-quarter of 1999 increase 6%
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Carnival agrees to buy Fairfield in move into time-share resorts. Carnival bids to rescue NCL from rival
- Abstracts: Gateway blames chip shortage for shortfall in revenue and net. Dell warns of slowing revenue growth
- Abstracts: BellSouth's net profit rose 6.7% in fourth quarter as revenue surged. GTE's net income rose 18% in quarter
- Abstracts: Adecco's net climbs 7% as demand for temporary workers stays solid. Adecco's 1999 net income surged 30%
- Abstracts: British Airways reports decline in operating profit for quarter. KLM reports sharp 3rd-quarter losses