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-0.0455635491606715 -0.0455635491606715 -0.0455635491606715 -0.0455635491606715 0.0167865707434053 0.023980815347722 0.023980815347722 0.023980815347722
Stock impact report

Partner Communications Reports Second Quarter 2019 Results¹

Partner Communications (PTNR)  More Company Research Source: Business Wire
US:NASDAQ Investor Relations: partner.co.il/ir-en
PDF Adjusted EBITDA1, 2 Totaled NIS 214 MillionNet Debt2 Remained below NIS 1 Billion Cellular Churn Rate Decreased to 7.9%, the Lowest Level since 2011Partner’s CEO, Isaac Benbenisti, Noted: “While our competitors in the telecommunications market are facing instability and impairments, Partner presents business leadership and financial strength.”Second quarter 2019 highlights (compared with second quarter 2018)Total Revenues: NIS 781 million (US$ 219 million), a decrease of 2%Service Revenues: NIS 642 million (US$ 180 million), an increase of 4%Equipment Revenues: NIS 139 million (US$ 39 million), a decrease of 21%Total Operating Expenses (OPEX)2: NIS 472 million (US$ 132 million), a decrease of 4%Adjusted EBITDA1: NIS 214 million (US$ 60 million), an increase of 24%Adjusted EBITDA Margin1, 2: 27% of total revenues compared with 22%Profit for the Period: NIS 3 million (US$ 1 million), an increase of 50%Net Debt: NIS 965 million (US$ 271 million), an increase of NIS 72 millionAdjusted Fre [Read more]
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