MADRID (AP) _ Telefonica SA (TEF) on Thursday reported first-quarter earnings of $447.8 million.

On a per-share basis, the Madrid-based company said it had net income of 7 cents. Earnings, adjusted for non-recurring costs, were 12 cents per share.

The telecommunications company posted revenue of $12.54 billion in the period.

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

Automated Insights, source Associated Press News