
BT Group has reported a decline in revenue for the second quarter of 2024, missing analyst estimates. The company posted an adjusted revenue of £5.09 billion, below the estimated £5.23 billion. Despite maintaining its profit outlook, BT has revised its full-year revenue guidance to a lower range of 1% to 2%. Additionally, BT has trimmed its sales forecast and announced a reduction of 2,000 jobs. The company's shares have fallen in response to the disappointing financial results.
$BT Group shares fall as revenue drops, misses estimates https://t.co/W3MJfkRpko https://t.co/75l7x9zgx3
BT Group shares fall as revenue drops, misses estimates https://t.co/W3MJfkRpko https://t.co/H4Jc9oCRCL
Britain's BT maintains profit outlook despite revenue weakness https://t.co/lE0FZjD3yl https://t.co/KsTrZeCcFA


