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

TeliaSonera (OTCMKTS:TLSNY – Get Free Report) issued its earnings results on Thursday. The technology company reported $0.14 earnings per share for the quarter, topping analysts’ consensus estimates of $0.13 by $0.01, Zacks reports. TeliaSonera had a return on equity of 9.20% and a net margin of 6.26%.

TeliaSonera Stock Performance

Shares of TLSNY stock opened at $9.32 on Thursday. The firm has a 50 day moving average of $9.13 and a 200-day moving average of $9.70. TeliaSonera has a 52 week low of $7.36 and a 52 week high of $10.98. The company has a market cap of $18.32 billion, a price-to-earnings ratio of 34.52 and a beta of 0.37. The company has a quick ratio of 0.62, a current ratio of 0.66 and a debt-to-equity ratio of 1.46.

About TeliaSonera

(Get Free Report)

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.

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