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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