Revenue Update on B Communications Ltd(NASDAQ:BCOM)

B Communications Ltd(NASDAQ:BCOM) announced the earnings results for Fiscal Year 2016 and Q3. The results came in during Pre-market on Nov 23, 2016. Earnings per share were $-2.29.

In a different note, On Sep 20, 2016, Chardan Capital said it Upgrades its rating on B Communications Ltd. The shares have been rated ‘Buy’ by the firm.

B Communications Ltd. is focused on the telecommunications industry. The Company has ownership interest in Bezeq The Israel Telecommunications Corp. Ltd. (Bezeq) a provider of communications services in Israel. Bezeq offers telecommunications services such as domestic fixed-line cellular and international communication services Internet services multi-channel television television and radio broadcasts satellite broadcasts customer call centers maintaining and developing of communications infrastructures providing communications services to other communications providers and supply and maintenance of equipment on customer premises. Bezeq’s segments include Bezeq which offers fixed-line telephony services and fixed-line broadband Internet infrastructure access; Pelephone which offers cellular telephony services; Bezeq International which offers Internet service provider (ISP) and international telephony (ILD) services and YES which offers pay television services.

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