Leap narrows first quarter loss

It seems a tough situation for Leap. They gained in terms of sales and profits over the first quarter of last year. But they’re still at a loss. The company announced this morning that they had brought 230,000 customers into the fray during the first period. Their net loss was narrowed about $6 million, their sales were up $75 million, and their service revenue was up $77 million. So things are looking better. They’re just not above water yet.

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