Sprint comes close to profit in Q3 2015, continues to attract more customers
Sprint has published the company's financial earnings report for Q3 2015. The major U.S. carrier made an operating loss of $197 million, which is a substantial improvement over Q2's $585 million in the red. The company also added the highest number of porting postpaid phone customers in three years. Net additions for this most recent quarter totalled 501,000, which is an improvement of 471,000 year-over-year.
Postpaid smartphone additions were 366,000. The report boasted Q3 2015 seeing the highest postpaid net ports on record, as well as a net port positive for the fourth consecutive quarter. Finally, the EBITDA guidance has also be adjusted for the 2015 fiscal year, bumped up from an expectation of $6.8-7.1 billion to $7.7-8 billion.
For more details on the company's financial standing from Q3 2015, be sure to hit the link below to see the full press release.