Israel's Partner Comms Q1 profit sinks, plans to buy back shares [Reuters]
Partner Communications Company Ltd. - American Depositary Shares, each representing one ordinary share (PTNR)
US:NASDAQ Investor Relations:
partner.co.il/ir-en
Company Research
Source: Reuters
Israel's Partner Comms Q1 profit sinks, plans to buy back shares | Reuters 3 Min Read JERUSALEM, May 31 (Reuters) - Partner Communications , Israel’s second-largest mobile phone operator, reported an 86 percent drop in quarterly profit as it continues to invest heavily in the deployment of a fibre-optics network and its TV service. The company also said it planned to buy back up to 200 million shekels ($56 million) of its own shares traded in Tel Aviv between June 4 and May 30, 2019. The plan will be implemented in tranches, with the first amounting to 50 million shekels. Partner said on Thursday it earned 9 million shekels in the first quarter, down from 64 million a year earlier. Revenue rose 3 percent to 826 million shekels, with its cellular subscriber base falling by 7,000 in the first quarter to 2.67 million. Partner’s revenue and profit have plunged in the wake of a 2012 reform that opened up the mobile market to new players, sharply reducing prices. It is seeking new revenue s
Show less
Read more
Impact Snapshot
Event Time:
PTNR
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
PTNR alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
PTNR alerts
High impacting Partner Communications Company Ltd. - American Depositary Shares, each representing one ordinary share news events
Weekly update
A roundup of the hottest topics