VEON Q2 EPS $0.14 Down From $1.50 YoY, Sales $916.00M Down From $2.01B YoY
Portfolio Pulse from Benzinga Newsdesk
VEON reported Q2 earnings of $0.14 per share, a 90.67% decrease YoY. Sales also decreased by 54.38% to $916.00M compared to $2.01B in the same period last year.
August 29, 2023 | 7:49 am
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NEGATIVE IMPACT
VEON's Q2 earnings and sales have significantly decreased compared to the same period last year.
VEON's significant decrease in earnings and sales YoY indicates a poor financial performance, which could negatively impact the stock price in the short term.
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