NII Holdings Q2 Loss Widens - Quick Facts

(RTTNews) - NII Holdings, Inc. (NIHD) reported that its second-quarter net loss widened to $396.4 million or $2.30 per share, from $103.5 million or $0.60 per share, last year. Net loss per share from continuing operations widened to $2.23 from $0.50 prior year. On average, ten analysts polled by Thomson Reuters expected the company to report a loss of $1.08 per share for the quarter. Analysts' estimates typically exclude special items. Operating revenues decreased to $1.26 billion, from $1.41 billion last year. Analysts expected revenue of $1.34 billion for the quarter.