Market Overview

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.

Posted-In: operating profitEarnings News

 

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