MTS: Q1 Earnings Snapshot

By The Associated Press

MOSCOW (AP) _ Mobile TeleSystems OAO (MBT) on Tuesday reported first-quarter net income of $217.3 million.

On a per-share basis, the Moscow-based company said it had profit of 25 cents.

The telecommunications company posted revenue of $1.67 billion in the period.

MTS shares have increased roughly 3% since the beginning of the year. The stock has risen 6% in the last 12 months.

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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

The Associated Press

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