Clearwire Corp. (CLWR) Thursday said first-quarter loss widened to $226.95 million or $0.33 per share from $181.82 million in the same period last year.
Net loss from continuing operations totaled $461.89 million, compared to $561.03 million last year.
On a per-share basis, loss narrowed to $0.33 from $0.44 per share last year. On average, seven analysts polled by Thomson Reuters expected the company to report a loss of $0.23 per share for the quarter. Analysts' estimates typically exclude special items.
Revenues totaled $318.04 million, down from $322.64 million last year. Analysts expected revenues of $306.23 million.
Retail ARPU revenues dropped to $183.69 million from $184.10 million last year. Retail ARPU was $43.49 million, compared to $46.83 million last year.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.