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| Name | Symbol | Market | Type |
|---|---|---|---|
| Telefonica SA | NYSE:TEF | NYSE | Depository Receipt |
| Price Change | % Change | Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.06 | 1.33% | 4.56 | 4.57 | 4.54 | 4.56 | 530,632 | 01:00:00 |
From May 2019 to May 2024
By Max Bernhard
Telefonica SA (TEF.MC) on Tuesday reported a third-quarter loss after booking more than a billion euros in restructuring costs but backed its guidance for the year and said it would stick to its dividend policy.
The Spanish telecommunications company reported a quarterly net loss of 443 million euros ($494 million) compared with a profit of EUR1.14 billion in the same period last year.
Net profit took a EUR1.40 billion hit from restructuring costs, it said. Revenue in the quarter edged 1.7% higher to EUR11.90 billion.
Telefonica said operating income before depreciation and amortization fell to EUR2.75 billion from EUR4.04 billion.
Write to Max Bernhard at max.bernhard@dowjones.com; @mxbernhard
(END) Dow Jones Newswires
November 05, 2019 02:03 ET (07:03 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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