Leap Wireless International Inc. (NASDAQ:LEAP) posted mixed financial results for the fourth quarter of 2011. Though EPS managed to beat the Zacks Consensus Estimates, revenue significantly fell below it.
During 2011, Leap wireless restructured its business model through which it is emphasizing on the high ARPU generating smartphone customers, while shedding less profitable wireless broadband subscribers as these users generally place huge load on its network. Management is hopeful regarding its … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards