Infrastrutture Wireless Italiane (IFSUF) Projected to Post Quarterly Earnings on Thursday

Infrastrutture Wireless Italiane (OTCMKTS:IFSUF) is projected to post its results after the market closes on Thursday, April 2nd. Analysts expect Infrastrutture Wireless Italiane to post earnings of $0.1175 per share and revenue of $317.0450 million for the quarter.

Infrastrutture Wireless Italiane Stock Up 7.3%

Shares of OTCMKTS:IFSUF opened at $7.82 on Wednesday. The company has a 50 day moving average of $9.31 and a two-hundred day moving average of $9.82. Infrastrutture Wireless Italiane has a 52-week low of $7.29 and a 52-week high of $12.90.

Analyst Upgrades and Downgrades

Separately, New Street Research raised 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, According to data from MarketBeat, the stock has an average rating of “Buy”.

Infrastrutture Wireless Italiane Company Profile

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.