Partner Communications Reports Fourth Quarter And Annual 2020 Results[1]

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Partner Communications (PTNR) Reports Q4 EPS of $0.01 on Revenues of $251M

March 25, 2021 5:51 AM EDT

Partner Communications (NASDAQ: PTNR) reported Q4 EPS of $0.01. Revenue for the quarter came in at $251 million.

Fourth quarter 2020 highlights (compared with fourth quarter 2019)

Based on the weighted average number of shares outstanding during Q4 2020, basic earnings per share or ADS, was NIS 0.03 (US$ 0.01) compared with basic earnings per share or ADS, of NIS 0.05 in Q4 2019.Total Revenues: NIS 808 million (US$ 251 million), a decrease of 3%Service Revenues: NIS 632 million (US$ 197 million), a decrease of 1%Equipment Revenues: NIS 176 million (US$ 55 million), a decrease of 11%Total Operating Expenses (OPEX): NIS 480... More