Telekom Austria Swings To Q1 Net Profit
Telekom Austria AG (OTC: TKAGY) posted a net profit in the first quarter.
Telekom Austria posted its quarterly net profit of EUR46.9 million, versus a year-ago net loss of EUR79.2 million. Its revenue fell 5.6% y/y to EUR1.06 billion.
Capital expenditure climbed 21% to EUR145.8 million.
Telekom Austria shares closed at $21.02 yesterday.
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