UPDATE: Vimpelcom Posts Q4 Net Loss

Russian company Vimpelcom VIP reported a net loss in the fourth quarter. Vimpelcom posted a quarterly net loss of $2.7 billion, versus a year-ago profit of $195 million. However, analysts were expecting a profit of $437 million. Its revenue slipped 7% to $5.6 billion, while earnings before interest, taxation, depreciation and amortisation declined 3% to $2.4 billion. Vimpelcom shares closed at $9.80 yesterday.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: EarningsNewsloss
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!