Colt Telecom Posts Profit but Shares Tumble
Shares in Colt Telecom plummeted on Friday despite it recording its third consecutive profit, which failed to offset concern over the business carrier’s gloomy outlook for the year. Full story »
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- Colt Posts Strong Quarter Colt Telecom has reported net income of 33.5m euros ($52.6m) for the second quarter 2008, against a year-ago profit of 8.9m euros ($13.9m), on revenue up 1% at 416.3m euros ($654.2m).
- Colt Telecom Q1 Profit Rises as Revenue Dips Enterprise telecoms services provider Colt Telecom has reported a 6.1% increase in net profit to 8.6m euros ($13.5m) for the first quarter 2008, on revenue down 3.5% at 410.9m euros ($648.6m).
- Colt Q3 Profit Jumps 13% Colt Telecom has reported a 113% jump in net profit to 18.6m euros ($28m) for the third quarter, compared to 8.7m euros ($13.1m) in the year-ago quarter, on revenue up marginally at 420.7m euros ($634.2m).
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