ENXTLS:SNCWireless Telecom
Sonaecom SGPS (ENXTLS:SNC) Stock P/E Trails Profit Recovery And Revenue Dip
Sonaecom SGPS stock closed at €2.96 after a soft week where it slipped around 1% over seven days, even though the headline earnings story looked more supportive on a longer view. The latest quarter showed basic earnings per share of €0.059781 on revenue of €4.865 million, which keeps the recent return to profit intact.
The real story is not this single quarter. Over the last year Sonaecom SGPS has moved from multi year earnings pressure to a cleaner, profitable profile. It now trades on a P/E...