Deutsche Telekom Posts Drop In Q1 Earnings - Deutsche Telekom (OTC:DTEGY)

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Deutsche Telekom AG (OTC: DTEGY) reported a drop in its earnings in the first quarter.Deutsche Telekom's quarterly adjusted earnings before interest, taxes, depreciation, amortization, fell 4.3% to EUR4.29 billion, versus analysts' estimates of EUR4.24 billion.Its sales dropped 4.5% to EUR13.78 billion, versus estimates of EUR13.85 billion. Deutsche Telekom's after-tax profit rose 3.5% to EUR564 million.Deutsche Telekom shares closed at $11.99 yesterday.

27% profit every 20 days?

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