United Internet AG Posts Positive Q2 Result

United Internet AG posts positive Q2 result

Europe’s leading internet specialist, the United Internet AG posted an assuring quarter two result amid Covid-19 fears on Thursday. The earnings are in line with the forecasts of experts and analysts. 

The company posted revenue of €1.33B with €0.47 earnings on each share. Meanwhile, the stocks of United Internet AG are rallying 12.83% down since the start of the year. It traded on €42.480, as the story was reported. It’s low from from-52-week-high.  

Interestingly, has put up a shallow performance on STOXX, which happens to trade 10.42% down compared to the previous year. 

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