Telecom Argentina S.A. Announces Consolidated Annual Results ("FY23") and Fourth Quarter of Fiscal Year 2023 (“4Q23”) [Yahoo! Finance]
Telecom Argentina SA (TEO)
US:NYSE Investor Relations:
institucional.telecom.com.ar/inversores/investors.html
Company Research
Source: Yahoo! Finance
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 FY23 include the effects of the adoption of inflationary accounting in accordance with IAS 29. Finally, comments related to variations of results of FY23 and vs. FY22 mentioned in this press release correspond to "figures restated by inflation" or "constant". It should be noted that the results presented on a comparative basis (December 2022) include the effect of the year-over-year inflation as of December 2023, which was 211.4%. Even with a scenario of strong inflationary acceleration, Service Revenues improved in real terms. In FY22 was observed a variation of -11.7% vs. FY21, while in FY23 was observed a variation of -10.1% compared to FY22, amounting $1,905,932. The Company's Consolidated Revenues amounted to $2,059,101 million in FY2
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News
- 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) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
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TEO
Sec Filings
- 4/25/24 - Form 6-K
- 3/27/24 - Form 6-K
- 3/21/24 - Form 6-K
- TEO's page on the SEC website