Sprint’s EBITDA growth
For the fourth quarter of fiscal 2018, analysts expect that Sprint (S) will report a consolidated adjusted EBITDA of $3.0 billion. Sprint’s adjusted EBITDA in the fourth quarter of fiscal 2018 is expected to increase ~9.0% YoY (year-over-year) from $2.8 billion in the fourth quarter of fiscal 2017.
In the third quarter of fiscal 2018, Sprint reported an adjusted EBITDA of $3.1 billion—compared to $2.7 billion in the third quarter of fiscal 2017. The company’s adjusted EBITDA margin expanded to 54.4% in the third quarter of fiscal 2018 from 45.9% in the third quarter of fiscal 2017.
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In the third quarter of fiscal 2018, Sprint realized $100 million in net cost reductions YoY in combined operating expenses across the cost of services and selling, general, and administrative expenses. The company expects YoY net cost reductions of ~$500 million for fiscal 2018.