Thursday, February 22, 2018

Deutsche Telekom Stock Dips On Weak Q4 EBITDA, Revenues; Sees Growth In FY18

Shares of Deutsche Telekom AG were losing around 3 percent in the morning trading in Germany after the telecom giant reported Thursday a decline in fourth-quarter EBITDA, a key earnings metric, with weak revenues. However, the company recorded a net profit, compared to loss last year on positive US tax effect. Deutsche Telekom lifted its dividend and said it expects higher earnings in 2018.

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