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MTS: 2Q Earnings Snapshot

MOSCOW (AP) _ Mobile TeleSystems OAO (MBT) on Tuesday reported second-quarter profit of $230.9 million.

The Moscow-based company said it had net income of 24 cents per share.

The telecommunications company posted revenue of $1.85 billion in the period.

MTS shares have fallen 28 percent since the beginning of the year. The stock has declined 17 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MBT at https://www.zacks.com/ap/MBT