💨 Abstract

Madrid-based telecom giant Telefonica SA reported a significant Q1 loss of $1.37 billion, equating to 25 cents per share. However, adjusted earnings for discontinued operations and non-recurring costs showed a profit of 8 cents per share. During this period, the company generated $9.7 billion in revenue. The report was generated by Automated Insights using data from Zacks Investment Research.

Courtesy: wtop.com