TeliaSonera (OTCMKTS:TLSNY) Releases Quarterly Earnings Results, Beats Expectations By $0.01 EPS

TeliaSonera (OTCMKTS:TLSNY) posted its earnings results on Thursday. The technology company reported $0.14 earnings per share for the quarter, beating the consensus estimate of $0.13 by $0.01, Zacks reports. The company had revenue of $2.15 billion for the quarter, compared to analyst estimates of $2.08 billion. TeliaSonera had a return on equity of 9.20% and a net margin of 6.26%.

TeliaSonera Stock Up 5.5%

TLSNY stock opened at $9.83 on Friday. The company’s 50 day simple moving average is $9.15 and its 200-day simple moving average is $9.69. The firm has a market capitalization of $19.33 billion, a PE ratio of 35.85 and a beta of 0.37. TeliaSonera has a 12 month low of $7.56 and a 12 month high of $10.98. The company has a debt-to-equity ratio of 1.46, a current ratio of 0.66 and a quick ratio of 0.62.

TeliaSonera Company Profile

TeliaSonera, now known as Telia Company AB, is a Swedish telecommunications and digital services company. It was formed in 2003 through the merger of Sweden’s Telia and Finland’s Sonera and adopted the Telia Company name in 2016. The company provides connectivity and communications services to consumers, businesses and public-sector organizations.

Its offerings include mobile and fixed-line communications, broadband, television and digital entertainment, as well as enterprise networking, cloud, cybersecurity and information technology services.