Deutsche Telekom AG announced on Wednesday that its revenue in the fourth quarter of fiscal 2024 increased 5.3% to €30.9 billion, topping analysts' forecasts. Net profit skyrocketed 504.2% compared to the same period in 2023 to land at €4.2 billion. Its adjusted net profit rose by 28.5%...
Software and tech companies are set to leave their mark in the upcoming week, with Zoom, Salesforce, Dell, HP and above all, Nvidia, all set to report their financial results.
The tech-heavy week will culminate after the market closes on Wednesday, when Nvidia reports its closely-watched results, with...
German stocks soared on Thursday, as the DAX climbed by over 1% following the release of Siemens AG and Deutsche Telekom's latest earnings reports.Siemens report showed that the German conglomerate surpassed fourth-quarter profit forecasts, although it revised its 2025 sales outlook...
Deutsche Telekom AG announced on Thursday that net profit in the third quarter of its fiscal 2024 soared 53.7% year over year to €2.9 billion.The company's revenue totaled €28.5 billion after a 3.4% jump compared to the third trimester of fiscal 2023. In the third trimester of 2024, earnings per...
Deutsche Telekom AG announced on Thursday that it plans to propose an increase of the dividend for the financial year of 2024 to €0.90 per dividend-bearing share from the previous financial year's €0.77 per share. The Board of Management also revealed it plans to buy back shares of...
Meta Platforms Inc. announced on Wednesday that it suspended its relationship with Deutsche Telekom AG and that it is routing its network traffic through a third-party transit provider. The tech company said the decision was made following a breakdown of negotiations with Deutsche Telecom...
Deutsche Telekom AG announced on Thursday its revenue in the second quarter of the fiscal year 2024 observed an annual increase of 4.3% to reach €28.39 billion, beating forecasts.Meanwhile, the company's net profit surged by 35.6% compared to the same trimester in 2023 to land at €2.08...
Deutsche Telekom AG announced on Thursday its revenue in the first quarter of the fiscal year 2024 observed an annual increase of 0.4% to reach €27.94 billion.Meanwhile, the company's net profit plunged by 87.1% compared to the same trimester in 2023 to land at €1.98 billion. Its adjusted net...
Deutsche Telekom AG revealed on Friday that its revenue in the fourth quarter of fiscal 2023 stood at €29.4 billion, 1.4% lower than in the same period the year prior. Adjusted earnings per share (EPS) dropped by 7.5% year over year to €0.37, while the company posted a net loss of €1.03 billion in the...
Deutsche Telekom AG announced on Thursday that net profit in the third quarter of its fiscal 2023 soared 22% year over year to €1.92 billion.
The company's revenue totaled €27.56 billion after a 4.9% fall compared to the third trimester of fiscal 2022. In the third trimester of 2023, diluted...
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