Sharp drop in earnings at Virgin Media

  • 📰 businessposthq
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 71%

United States News News

United States United States Latest News,United States United States Headlines

Net earnings at Virgin Media Ireland fell sharply in the first quarter, new figures show.

Earnings declined 106 per cent versus the same there months period a year earlier to €3.5 million from €55 million due to losses on derivative instruments.

The telco and TV broadcaster reported a slight rise in revenues during the first quarter to €114. million , up from €113.9 million a year earlier. This was primarily a result of an increase ...

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Sharp drop in earnings at Virgin MediaRevenues edge up as telco and TV broadcaster sees rise in mobile subscribers
Source: businessposthq - 🏆 8. / 71 Read more »