Clearwire Misses on Q4 Revenue, Net

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Clearwire has released Q4 and 2012 results showing that it fell short for the quarter. For Q4, the company took in $311 million in revenue, down from the $317 million of Q4 2011. Net loss was $187 million ($0.28 per share), which wasn't as deep as the year-ago quarter's $237 million ($0.81).

On average, analysts had been expecting revenue of $313 million and a net loss of $0.27 per share.

For the full year, Clearwire posted revenues of $1.26 billion, which slightly bettered 2011's $1.25 million. Net loss deepened to $729 million ($1.01 per share), from the previous year's $717 million ($2.70).


The company is currently the subject of buyout offers from Sprint Nextel and DISH Network.

The article Clearwire Misses on Q4 Revenue, Net originally appeared on Fool.com.

Fool contributor Eric Volkman and The Motley Fool have no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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