LOGO
LOGO

Corporate News

Telefonica Slips To Loss In Q4 - Quick Facts

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Telefonica reported that its fourth quarter net loss attributable to equity holders of the parent was 2.15 billion euros compared to net income of 525 million euros in the prior year. Basic loss per share was 0.39 euros compared to earnings per share of 0.08 euros in the prior year.

In underlying terms, net income was 730 million euros in the fourth quarter, a decline of 5.5% year-over-year, after excluding - 1.15 billion euros of restructuring and -1.734 billion euro of other impacts, including the goodwill impairment in VMO2.

Underlying earnings per share were 0.12 euros compared to 0.13 euros in the previous year.

Quarterly revenue declined 0.5% year-over-year to 10.15 billion euros.

For fiscal year 2024, the company projects revenue growth to be about 1% year-over-year, EBITDA 1% to 2% growth year-over-year.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

For comments and feedback contact: editorial@rttnews.com

Business News

Global Economics Weekly Update - Jun 01 - Jun 05, 2026

June 05, 2026 16:18 ET
A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.

RELATED NEWS
Latest Updates on COVID-19