Skip to main content

Market Overview

Telekom Austria Q1 Profit Surges


Telekom Austria AG (ADR) (OTC: TKAGY) reported a surge in its profit for the first quarter.

The company's quarterly net profit jumped more than 127 percent to 92.7 million euros ($99.4 million), versus a year-ago profit of EUR40.8 million.

Its revenue fell 2 percent to EUR956 million from EUR975.9 million. Adjusted EBITDA at the America Movil unit gained 5.8 percent to 338.5 million euros ($363.31 million).

The company confirmed its outlook for 2015.


Related Articles (TKAGY)

View Comments and Join the Discussion!

Posted-In: profitEarnings News

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.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Everything you need to know about the latest SPAC news.
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