Investors Do Not Respond To Leap's Earnings Despite A Huge Miss
August 01, 2013 at 17:13 PM EDT
Leap Wireless (NYSE: LEAP ) posted the results of their second quarter after the close on Thursday. EPS came in at -$2.09 versus the analyst consensus of -$1.12. This is a whopping 87 percent miss. Revenue landed at $731.5 million while analysts were looking for $735.07 million. The company recorded