Infrastrutture Wireless Italiane (IFSUF) to Release Earnings on Thursday

Infrastrutture Wireless Italiane (OTCMKTS:IFSUF) is projected to announce its resultson Thursday, April 2nd. Analysts expect the company to announce earnings of $0.1175 per share and revenue of $317.0450 million for the quarter.

Infrastrutture Wireless Italiane Trading Down 9.2%

Shares of IFSUF stock opened at $7.29 on Thursday. Infrastrutture Wireless Italiane has a fifty-two week low of $7.29 and a fifty-two week high of $12.90. The business’s 50 day moving average price is $9.46 and its 200-day moving average price is $9.97.

Wall Street Analyst Weigh In

Separately, New Street Research upgraded shares of Infrastrutture Wireless Italiane to a “buy” rating in a report on Wednesday, December 17th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat, Infrastrutture Wireless Italiane presently has an average rating of “Buy”.

About Infrastrutture Wireless Italiane

Infrastrutture Wireless Italiane S.p.A. (OTCMKTS: IFSUF) is an independent telecommunications infrastructure company based in Italy. The firm owns, operates and develops passive wireless network sites, including towers, rooftops and indoor coverage solutions, for major mobile network operators. By providing colocation and site management services, Infrastrutture Wireless Italiane supports the roll-out and enhancement of cellular networks across 2G, 3G, 4G and 5G technologies.

The company’s portfolio comprises more than 23,000 sites throughout Italy, from urban centers to rural areas, enabling national coverage and network densification.