Market Overview

Telekom Austria Swings To Q1 Net Profit

Share:

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.

Posted-In: profitEarnings News

 

Related Articles (TKAGY)

View Comments and Join the Discussion!
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com

Deutsche Telekom Posts Q1 Results

RWE Q1 Net Profit Down 28%