Deutsche Telekom's Q2 revenue at €28.2B

Thursday, 11. August 2022 06:59

Deutsche Telekom said on Thursday that its revenue in the second quarter of 2022 landed at €28.2 billion, rising 6% compared to the same period a year earlier but missing analysts' estimates.

Net profit slid 22% year on year to €1.5 billion, while adjusted net profit climbed 16% to €2.4 billion and adjusted earnings per share jumped 9% to €0.49. Adjusted EBITDA AL was up 5% to €9.9 billion.

The telecommunications company also noted it raised its 2022 guidance, stressing it now expects adjusted EBITDA AL of around €37 billion.

Related Links: Deutsche Telekom AG
Author:
Baha Breaking News (BBN) / NP