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VEON's Q4 Swings to a Net Loss, Revenue Increases
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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

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