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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Telecom Italia S.P.A. New | NYSE:TI | NYSE | Ordinary Share |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 5.63 | 0.00 | 01:00:00 |
From May 2019 to May 2024
By Marc Navarro Gonzalez and Pietro Lombardi
Telecom Italia SpA (TIT.MI) said Friday that its third-quarter net profit fell 8.4% from the year-earlier period, hit by higher operating expenses.
Italy's largest telecom operator net profit in the three months period ended Sept. 30 was 437 million euros ($507.7 million), compared with EUR477 million a year earlier. Revenue for the quarter stood at EUR4.91 billion, up from EUR4.84 billion.
The company said that earnings before interest tax depreciation and amortization, or ebitda, declined 2.5% to EUR2.1 billion.
Telecom Italia confirmed, in organic terms, the guidance for the year.
Write to Marc Navarro Gonzalez at marc.navarrogonzalez@dowjones.com
(END) Dow Jones Newswires
November 10, 2017 04:33 ET (09:33 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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