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Stock impact report

Spanish telcom company Telefónica posts higher Q1 profit, revenue [Yahoo! Finance]

Telefonica SA (TEF) 
Last telefonica sa earnings: 2/23 04:01 pm Check Earnings Report
Company Research Source: Yahoo! Finance
This was primarily attributed to €45 million share of profit from investments in the latest quarter compared with €188 million loss in the previous-year quarter. Earnings before interest, taxes, depreciation, and amortization or EBITDA grew 1.9% to €3.205 billion. Net profit increased to €532 million or €0.08 per share from €298 million or €0.04 per share last year. Excluding one-time items, adjusted earnings per share were €0.10, up from €0.09 a year ago. Revenue for the quarter increased to €10.140 billion from €10.045 billion in the previous year. Telefónica ratified a dividend of €0.30 per share for 2024 payable in two installments of €0.15 per share in December this year and June 2025. Additionally, Telefónica said it signed a non-binding MoU with DIGI for a long-term mobile network agreement in Spain. For the full year, the company continues to expect revenue to grow about 1% and EBITDA to increase between 1% and 2%. Show less Read more
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