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.

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

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%