Royal KPN backs guidance after forecast-beating results

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Royal KPN NV on Wednesday reported a rise in first-quarter net income and revenue, beating consensus, and backed its guidance for the year.

The Dutch telecommunications company NL:KPN made a quarterly net profit of 196 million euros ($215.1 million) compared with EUR179 million for the first quarter of 2022 and a company-compiled consensus of EUR165 million.

KPN’s…

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