TeliaSonera (OTCMKTS:TLSNY) Posts Earnings Results, Beats Estimates By $0.01 EPS

TeliaSonera (OTCMKTS:TLSNY) announced its quarterly 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. TeliaSonera had a return on equity of 9.82% and a net margin of 6.54%. The company had revenue of $2.15 billion during the quarter, compared to analysts’ expectations of $2.08 billion.

TeliaSonera Stock Performance

Shares of TLSNY opened at $9.82 on Friday. The company has a debt-to-equity ratio of 1.46, a quick ratio of 0.62 and a current ratio of 0.66. TeliaSonera has a 52-week low of $7.56 and a 52-week high of $10.98. The stock has a market capitalization of $19.31 billion, a price-to-earnings ratio of 35.07 and a beta of 0.37. The stock’s 50-day simple moving average is $9.16 and its 200 day simple moving average is $9.69.

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.