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

Telia Company AB (publ) (OTCMKTS:TLSNY) posted its earnings results on Thursday. The technology company reported ($0.02) EPS for the quarter, missing the consensus estimate of $0.05 by ($0.07), Zacks reports. Telia Company AB (publ) had a net margin of 5.37% and a return on equity of 1.90%.

Telia Company AB (publ) Stock Down 1.9 %

Shares of OTCMKTS:TLSNY opened at $5.72 on Friday. The firm has a market cap of $11.25 billion, a P/E ratio of 116.60 and a beta of 0.48. Telia Company AB has a 12-month low of $4.53 and a 12-month high of $6.71. The business has a fifty day simple moving average of $5.58 and a 200 day simple moving average of $5.87. The company has a quick ratio of 0.86, a current ratio of 0.91 and a debt-to-equity ratio of 1.66.

Telia Company AB (publ) Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, February 27th. Investors of record on Friday, February 7th will be paid a $0.0893 dividend. The ex-dividend date of this dividend is Friday, February 7th. Telia Company AB (publ)’s dividend payout ratio is 86.37%.

Wall Street Analyst Weigh In

Separately, Barclays lowered shares of Telia Company AB (publ) from a “hold” rating to a “strong sell” rating in a report on Wednesday, November 6th.

About Telia Company AB (publ)

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.