Telecom Argentina S.A. Announces Consolidated Results for the Nine-Month Period ("9M24") and Third Quarter of Fiscal Year 2024 ("3Q24") [Yahoo! Finance]
Telecom Argentina SA (TEO)
US:NYSE Investor Relations:
institucional.telecom.com.ar/inversores/investors.html
Company Research
Source: Yahoo! Finance
adjustment adopted by Resolution 777/18 of the Comisión Nacional de Valores ("CNV"), which establishes that the restatement will be applied to annual financial statements, interim and special periods ending as of December 31, 2018, inclusive. Accordingly, the reported figures corresponding to 9M24 include the effects of the adoption of inflationary accounting in accordance with IAS 29. Therefore, comments related to variations of results between 9M24 and 9M23 mentioned in this press release correspond to "figures restated by inflation" or "constant" figures. For analysis purposes, it should be noted that the results presented on a comparative basis (September 2023) include the effect of the year-over-year inflation as of September 2024, which was 209%. The Company's Consolidated Revenues amounted to P$2,852,341 million in 9M24 (-10.4% in constant currency compared to 9M23). The evolution of Service Revenues shows a trend of recovery in real terms that consolidated during 3Q24 (+2.
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News
- Telecom Argentina S.A. (NYSE: TEO) had its price target raised by analysts at The Goldman Sachs Group, Inc. from $7.30 to $8.30. They now have a "sell" rating on the stock.MarketBeat
- Telecom Argentina S.A. (NYSE: TEO) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Telecom Argentina S.A. (NYSE: TEO) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- Telecom Argentina S.A. (NYSE: TEO) is now covered by analysts at The Goldman Sachs Group, Inc.. They set a "sell" rating on the stock.MarketBeat
- Telecom API Industry Assessment (2024-2032) by Type, User, Deployment, Industry Vertical, Region and Company - A Projected $1.24 Trillion Landscape [Yahoo! Finance]Yahoo! Finance
TEO
Sec Filings
- 11/20/24 - Form 6-K
- 11/13/24 - Form 6-K
- 11/12/24 - Form 6-K
- TEO's page on the SEC website