UPDATE: Sprint Posts Q3 Profit
October 30, 2013 at 07:44 AM EDT
Sprint (NYSE: S ) posted a profit in the third quarter. Sprint swung to a profit of $383 million, versus a year-ago loss of $767 million. Its revenue declined 0.9% to $8.68 billion, versus analysts' estimates of $8.81 billion. Sprint shares closed at $6.68 yesterday. (c) 2013 Benzinga.com. Benzinga does not