Newsclip®: [Business] SoftBank Misses Profit Estimates On Sprint Losses, Skips Forecast - Asia Stocks to Watch - Barrons.com

"SoftBank’s (9984.Japan) operating profit rose 8.8%  year-on-year to 999.5 billion yen in the fiscal year ending in March, missing the street estimate of 1.065 trillion yen polled by Thomson Reuters. SoftBank’s U.S. subsidiary Sprint (S) incurred negative $5.65 billion free cash flow in fiscal 2016. SoftBank did not release a forecast for the current business year, saying […]", blogs.barrons.com


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