VEON Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported revenue was USD 945 million compared to USD 891 million a year ago. Net income was USD 448 million compared to net loss of USD 512 million a year ago. Basic earnings per share from continuing operations was USD 1.75 compared to USD 2 a year ago. Basic earnings per share was USD 6.5 compared to basic loss per share of USD 7.25 a year ago.
For the nine months, revenue was USD 2,745 million compared to USD 2,816 million a year ago. Net income was USD 1,041 million compared to net loss of USD 517 million a year ago. Basic earnings per share from continuing operations was USD 3.5 compared to USD 6 a year ago. Basic earnings per share was USD 15 compared to basic loss per share of USD 7.25 a year ago.