Shares of Mobil’nye Telesistemy PAO (ADR) (NYSE:MBT) ended Thursday session in red amid volatile trading. The shares closed down -0.20 points or -2.46% at $7.93 with 3.34 million shares getting traded. Post opening the session at $8.13, the shares hit an intraday low of $7.88 and an intraday high of $8.13 and the price vacillated in this range throughout the day. The company has a market cap of $7.10 billion and the numbers of outstanding shares have been calculated to be 1.99 billion shares.
Mobil’nye Telesistemy PAO (ADR) (MBT) on August 18, 2016 Announced Financial Results for the Second Quarter Ended June 30, 2016.
Key Financial Highlights of Q2 2016
- Consolidated group revenue increased by 5.3% y-o-y to RUB 108.1 bln
- Total revenue in Russia rose by 3.3% y-o-y to RUB 97.4 bln
- Mobile service revenue in Russia increased by 0.1% y-o-y to RUB 72.8 bln
- Sales of goods in Russia increased by 38.7% y-o-y to RUB 10.6 bln
- Active subscriber base increased by 3.5% for the Group to 109.0 mln
- MTS’s proprietary retail network in Russia increased to 5,838 stores
- Revenue in Ukraine increased by 13.5% y-o-y to UAH 2.7 bln
- YTD Free Cash Flow reached nearly RUB 24.0 bln
- Total Group debt fell to RUB 274.5 bln as Net Debt/LTM Adjusted OIBDA remained stable at 1.1x
Shares of Symantec Corporation (NASDAQ:SYMC) ended Thursday session in green amid volatile trading. The shares closed up +0.02 points or 0.08% at $24.15 with 6.16 million shares getting traded. Post opening the session at $24.14, the shares hit an intraday low of $23.89 and an intraday high of $24.17 and the price vacillated in this range throughout the day. The company has a market cap of $14.96 billion and the numbers of outstanding shares have been calculated to be 615.59 million shares.
Symantec Corporation (SYMC) on August 5, 2016 reported the results of its first quarter of fiscal year 2017, ended July 1, 2016.
Greg Clark, Symantec CEO, said, “We are pleased to have quickly and successfully completed the Blue Coat acquisition, allowing us to begin executing our integration strategy. Symantec is now positioned to take advantage of the vast market opportunities in helping customers embrace the cloud, protecting the mobile workforce and securing enterprises, governments and consumers from advanced attacks. We have a deep bench of talent across all functions focused on executing our strategic initiatives, maintaining strong sales performance and achieving our financial targets.”
Thomas Seifert, Symantec CFO, said, “Our revenue was above the mid-point of our guided range for Q1, driven by improved performance within Enterprise Security and continued in-line results from Consumer Security. With the Blue Coat acquisition complete, we are well positioned to accelerate our strategy as the world’s largest pure play cyber security company and achieve alignment across the organization. In addition, we continue to make progress in realizing cost efficiencies and synergies by the end of fiscal 2018.”