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NII: 3Q Earnings Snapshot

NII: 3Q Earnings Snapshot

RESTON, Va. (AP) _ NII Holdings Inc. (NIHD) on Thursday reported a loss of $41 million in its third quarter.

The Reston, Virginia-based company said it had a loss of 50 cents per share.

The provider of wireless service in Latin America under the Nextel brand posted revenue of $141.7 million in the period.

NII shares have risen seventeenfold since the beginning of the year. The stock has increased sixteenfold in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NIHD at https://www.zacks.com/ap/NIHD