Market Overview

Turkcell Posts Upbeat Q3 Results

Share:
Related TKC
Failed Turkish Coup Consequences: Heightened Western Tensions, Increased Authoritarianism And 'Fleeing' Foreign Capital
Turkcell Launches New Affordable Smartphone T70 With 4.5G Speed
Turkcell Iletisim Hizmetleri's (TKC) CEO Kaan Terzioglu on Q2 2016 Results - Earnings Call Transcript (Seeking Alpha)

Turkcell Iletisim Hizmetleri AS (NYSE: TKC) posted upbeat results for the third quarter.

Turkcell's quarterly net profit surged to 570.8 million Turkish lira ($317.5 million), from TRY537 million, in the year-ago period.

Its revenue climbed 9% to TRY2.75 billion. However, analysts were expecting a net profit of TRY568.2 million on revenue of TRY2.71 billion.

Turkcell's EBITDA increased 4.7% y/y to TRY912 million.

Turkcell shares closed at $15.19 yesterday.

Posted-In: profitEarnings News

 

Related Articles (TKC)

View Comments and Join the Discussion!