Telia Company AB (publ) (OTCMKTS:TLSNY) Posts Earnings Results

Posted by Donald Scott on Oct 26th, 2024

Telia Company AB (publ) (OTCMKTS:TLSNY – Get Free Report) announced its quarterly earnings data on Thursday. The technology company reported $0.11 earnings per share for the quarter, reports. The firm had revenue of $2.09 billion for the quarter. Telia Company AB (publ) had a net margin of 4.71% and a return on equity of 0.53%.

Telia Company AB (publ) Trading Up 1.7 %

OTCMKTS TLSNY opened at $6.09 on Friday. The company has a market capitalization of $11.97 billion, a PE ratio of 304.50 and a beta of 0.46. The company has a fifty day moving average of $6.27 and a 200 day moving average of $5.56. Telia Company AB has a 1 year low of $4.11 and a 1 year high of $6.71. The company has a debt-to-equity ratio of 1.62, a current ratio of 0.92 and a quick ratio of 0.87.

Telia Company AB (publ) Increases Dividend

The firm also recently announced a dividend, which will be paid on Wednesday, November 20th. Investors of record on Thursday, October 31st will be given a dividend of $0.099 per share. The ex-dividend date of this dividend is Thursday, October 31st. This is an increase from Telia Company AB (publ)’s previous dividend of $0.10. Telia Company AB (publ)’s payout ratio is currently 950.00%.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the stock. New Street Research raised shares of Telia Company AB (publ) to a “hold” rating in a report on Thursday, September 26th. BNP Paribas raised shares of Telia Company AB (publ) to a “strong-buy” rating in a report on Monday, September 16th.

Get Our Latest Report on Telia Company AB (publ)

Telia Company AB (publ) Company Profile

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Telia Company AB (publ) provides communication services to businesses, individuals, families, and communities in Sweden, Finland, Norway, Denmark, Lithuania, Estonia, and Latvia. It offers mobile, broadband, television, and fixed-line services; and networking, cloud and security, mobility, enterprise mobile network, contact center, managed mobility services, collaboration solutions, enterprise telephony, Internet of Things (IoT), carrier ethernet, dedicated internet access, wavelengths, IP Transit, dark fiber, and colocation solutions.