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Cellcom: 2Q Earnings Snapshot

Cellcom: 2Q Earnings Snapshot

Associated Press

NETANYA, Israel (AP) _ Cellcom Israel Ltd. (CEL) on Thursday reported a second-quarter loss of $10 million, after reporting a profit in the same period a year earlier.

The Netanya, Israel-based company said it had a loss of 10 cents per share.

The cellular provider posted revenue of $254 million in the period.

Cellcom shares have declined 44 percent since the beginning of the year. The stock has dropped 35 percent 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 CEL at https://www.zacks.com/ap/CEL