Telecom Argentina S.A. Announces Consolidated Results for the First Quarter of Fiscal Year 2024 ("1Q24") [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 1Q24 include the effects of the adoption of inflationary accounting in accordance with IAS 29. Therefore, comments related to variations of results between 1Q24 and 1Q23 mentioned in this press release correspond to "figures restated by inflation" or "constant" figures. It should be noted that the results presented on a comparative basis (March 2023) include the effect of the year-over-year inflation as of March 2024, which was 287.9%. The Company's Consolidated Revenues amounted to P$683,916 million in 1Q24 (-17.9% in constant currency compared to 1Q23). Service Revenues totaled P$651,872 million (-16.3% vs. 1Q23), decreasing because the net effect of the price increases implemented by
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News
- Telecommunications Network Operators: 4Q23 Market Review - Revenues, Capex, Opex and Labor Costs, Profitability Margins, Regional Trends [Yahoo! Finance]Yahoo! Finance
- 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. Announces Consolidated Results for the First Quarter of Fiscal Year 2024 ("1Q24")Accesswire
- Telecom Argentina (TEO) Is Up 7.38% in One Week: What You Should Know [Yahoo! Finance]Yahoo! Finance
- Telecom Argentina S.A. (NYSE: TEO) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
TEO
Sec Filings
- 5/20/24 - Form 6-K
- 5/8/24 - Form 6-K
- 4/25/24 - Form 6-K
- TEO's page on the SEC website