BIT:INWTelecom
Inwit (BIT:INW) Stock Trails Its Cash Engine As Legal Uncertainty Lingers
Infrastrutture Wireless Italiane went into this earnings print with a stock that has drifted over the past quarter and sits at €6.40, roughly flat in the last week but still weaker over three months. The market has treated it like a high yield tower utility with limited growth; yet the Q2 numbers tell a more nuanced story. Revenue of €267m and EBITDA after leases of about €191m with a 71.5% margin show the core tower business is still throwing off healthy cash, even as reported growth looks...