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Broadband

NextGentel revenue little changed in Q2 but profits fall

Thursday 27 August 2015 | 12:13 CET | News
NextGenTel has reported revenues of NOK 293.7 million in the second quarter of 2015, down from NOK 296.2 million a year earlier. The gross profit declined to NOK 150.7 million from NOK 154.3 million and the gross margin slipped to 51.3 percent from 52.1 percent last year. EBITDA dropped to NOK 56.3 million from NOK 69.7 million last year. EBIT fell to NOK 28.5 million from NOK 39.2 million. Net profit declined to NOK 16.7 million from NOK 23.4 million. EPS went down to NOK 0.73 from NOK 1.06 and diluted EPS to NOK 0.72 from NOK 1.05.

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Categories: Fixed / Mobile & Wireless
Companies: NextGenTel
Countries: Norway
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