Sky Deutschland Posts Upbeat Q3 Operating Profit
German firm Sky Deutschland (OTC: SKDTY) posted an operating profit in the third quarter.
Sky Deutschland added 80,000 new subscribers in the period.
Sky Deutschland posted a quarterly operating profit (EBITDA) of 18.6 million euros ($23.64 million), versus a year-ago operating loss of 18.6 million. However, analysts were expecting a profit of 8.67 million euro.
Sky Deutschland shares closed at $4.18 yesterday.
© 2015 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.