NEW YORK (TheStreet) -- Shares of Sprint (S) - Get Report  were declining in pre-market trading on Tuesday as the company reported 2016 fiscal second-quarter results that beat analysts' expectations, but posted lower-than-expected net subscriber additions for the quarter. 

Before today's market open, the wireless communications company said it saw net postpaid phone subscriber additions of 344,000, falling short of Wall Street's expectations of 403,000 net additions. 

Sprint posted an adjusted loss of 4 cents per share, narrower than analysts' estimates of a loss of 7 cents per share. 

Revenue came in at $8.25 billion, topping Wall Street's projected $8.05 billion in revenue. 

For the same period last year, the company reported a loss of 15 cents per share on revenue of $7.98 billion. 

Sprint also raised its 2016 operating income guidance to be in the range of $1.2 billion to $1.7 billion vs. its prior outlook of between $1.0 billion and $1.5 billion. 

Analysts surveyed by FactSet are looking for the company to report an operating income of $1.65 billion in 2016. 

Separately, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author. 

The team rates Sprint as a Sell with a ratings score of D+. The company's weaknesses can be seen in multiple areas, such as its unimpressive growth in net income and generally high debt management risk.

You can view the full analysis from the report here: S

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