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United Internet AG Earnings Miss, Revenue Beats In Q2

Stock Markets Aug 04, 2022 07:28AM ET

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United Internet AG Earnings Miss, Revenue Beats In Q2

Investing.com - United Internet AG reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.

United Internet AG announced earnings per share of €0.5753 on revenue of €1.46B. Analysts polled by Investing.com anticipated EPS of €0.5784 on revenue of €1.45B.

United Internet AG shares are down 28% from the beginning of the year, still down 33.40% from its 52 week high of €37.67 set on August 25, 2021. They are under-performing the STOXX 600 which is down 9.75% from the start of the year.

United Internet AG shares lost 1.72% in intra-day trade following the report.

United Internet AG follows other major Communication Services sector earnings this month

United Internet AG's report follows an earnings beat by Telefonica Deutschland AG on July 27, who reported EPS of €0.01 on revenue of €2B, compared to forecasts EPS of €0.002 on revenue of €1.94B.

Syzygy AG had beat expectations on July 29 with second quarter EPS of €0.0549 on revenue of €17.4M, compared to forecast for EPS of €0.05 on revenue of €17.4M.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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