financetom
Business
financetom
/
Business
/
VEON's Q4 Swings to a Net Loss, Revenue Increases
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
VEON's Q4 Swings to a Net Loss, Revenue Increases
Mar 21, 2024 6:22 AM

08:46 AM EDT, 03/21/2024 (MT Newswires) -- VEON (VEON) reported Thursday its Q4 swung to a net loss of $3.57 billion, from net income of $355 million a year earlier.

Revenue for the quarter ended Dec. 31 was $953 million, up from $940 million a year earlier.

Service revenue for the quarter was $915 million, up from $905 million.

The company said it now expects full-year 2024 total revenue to grow 16% to 18%.

Price: 23.95, Change: +0.2, Percent Change: +0.84

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Cloud data firm Veeam to buy Securiti AI for $1.73 billion
Cloud data firm Veeam to buy Securiti AI for $1.73 billion
Oct 21, 2025
(Reuters) -Veeam Software has agreed to buy data privacy management software maker Securiti AI for about $1.73 billion, in a bid to tap customers seeking to safeguard and manage cloud data used in artificial intelligence applications. The deal would integrate Securiti AI's Data Command Center product, used to unify and secure data scattered across multiple cloud services, with Veeam's backup...
Greene County Bancorp Q1 net income rises 
Greene County Bancorp Q1 net income rises 
Oct 21, 2025
Overview * Greene County Bancorp ( GCBC ) fiscal Q1 net income rises 41.7% yr/yr to $8.9 mln * Company achieves record highs in total assets, net loans, and total deposits * Greene County Bancorp ( GCBC ) expands into Saratoga County with new Clifton Park office Result Drivers * BALANCE SHEET MANAGEMENT - Co strategically managed balance sheet by...
AeroVironment Signs MoU With Korean Air to Advance Unmanned Aircraft Systems in South Korea
AeroVironment Signs MoU With Korean Air to Advance Unmanned Aircraft Systems in South Korea
Oct 21, 2025
09:38 AM EDT, 10/21/2025 (MT Newswires) -- AeroVironment ( AVAV ) said Tuesday it signed a memorandum of understanding with Korean Air for the integration of its JUMP 20 Group 3 vertical takeoff and landing, fixed-wing unmanned aircraft to meet the specific needs of the South Korean Defense market. The collaboration also establishes a foundation for long-term joint research and...
--Nasdaq Keeps Quarterly Dividend at $0.27 a Share, Payable Dec. 19 to Holders of Record as of Dec. 5
--Nasdaq Keeps Quarterly Dividend at $0.27 a Share, Payable Dec. 19 to Holders of Record as of Dec. 5
Oct 21, 2025
09:41 AM EDT, 10/21/2025 (MT Newswires) -- Price: 92.14, Change: +3.28, Percent Change: +3.69 ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved