TeliaSonera (OTCMKTS:TLSNY) Posts Earnings Results, Beats Expectations By $0.01 EPS

TeliaSonera (OTCMKTS:TLSNY) announced its earnings results on Thursday. The technology company reported $0.14 earnings per share for the quarter, topping the consensus estimate of $0.13 by $0.01, Zacks reports. TeliaSonera had a return on equity of 9.20% and a net margin of 6.26%.

TeliaSonera Stock Up 3.5%

TeliaSonera stock traded up $0.34 during midday trading on Thursday, reaching $9.80. The company’s stock had a trading volume of 7,479 shares, compared to its average volume of 74,461. The company has a debt-to-equity ratio of 1.46, a current ratio of 0.66 and a quick ratio of 0.62. The stock has a market capitalization of $19.28 billion, a P/E ratio of 36.31 and a beta of 0.37. The stock’s 50-day simple moving average is $9.13 and its 200-day simple moving average is $9.70. TeliaSonera has a 52-week low of $7.36 and a 52-week high of $10.98.

About TeliaSonera

TeliaSonera, now known as Telia Company AB, is a Swedish telecommunications and digital services company. It was formed in 2003 through the merger of Sweden’s Telia and Finland’s Sonera and adopted the Telia Company name in 2016. The company provides connectivity and communications services to consumers, businesses and public-sector organizations.

Its offerings include mobile and fixed-line communications, broadband, television and digital entertainment, as well as enterprise networking, cloud, cybersecurity and information technology services.