freenet (OTCMKTS:FRTAF) Posts Earnings Results

freenet (OTCMKTS:FRTAF) released its quarterly earnings results on Thursday. The company reported $0.66 earnings per share for the quarter, reports. The company had revenue of $679.75 million for the quarter. freenet had a return on equity of 18.16% and a net margin of 8.56%.

freenet Stock Performance

Shares of FRTAF stock opened at $26.87 on Friday. The company’s fifty day moving average price is $26.87 and its 200-day moving average price is $27.03. The stock has a market cap of $3.44 billion, a PE ratio of 12.67 and a beta of 0.40. The company has a current ratio of 0.67, a quick ratio of 0.62 and a debt-to-equity ratio of 0.31. freenet has a 12 month low of $26.87 and a 12 month high of $26.87.

About freenet

freenet AG provides telecommunications, broadcasting, and multimedia services for mobile communications/mobile internet, and digital lifestyle sectors in Germany. It operates through Mobile Communications, TV and Media, and Other/Holding segments. The Mobile Communications segment engages in the marketing of mobile communications services, which include voice and data services from the mobile network operators; planning, set up, installation, and maintenance services for WiFi networks; and selling and distribution of mobile devices, as well as offers additional services for mobile data communications and digital lifestyle.