Latest news with #TelecomArgentinaSA
Yahoo
13-05-2025
- Business
- Yahoo
Telecom Argentina: Q1 Earnings Snapshot
BUENOS AIRES, Argentina (AP) — BUENOS AIRES, Argentina (AP) — Telecom Argentina SA (TEO) on Monday reported earnings of $84.4 million in its first quarter. The Buenos Aires, Argentina-based company said it had net income of 20 cents per share. The telecommunications company posted revenue of $1.29 billion in the period. _____ This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on TEO at Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
12-05-2025
- Business
- Yahoo
Telecom Argentina: Q1 Earnings Snapshot
BUENOS AIRES, Argentina (AP) — BUENOS AIRES, Argentina (AP) — Telecom Argentina SA (TEO) on Monday reported earnings of $84.4 million in its first quarter. The Buenos Aires, Argentina-based company said it had net income of 20 cents per share. The telecommunications company posted revenue of $1.29 billion in the period. _____ This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on TEO at
Yahoo
29-03-2025
- Business
- Yahoo
Why Telecom Argentina SA (TEO) Is Plunging In 2025?
We recently published a list of . In this article, we are going to take a look at where Telecom Argentina SA (NYSE:TEO) stands against other cybersecurity stocks that are plunging in 2025. Cybersecurity stocks ranked among the hottest names on the stock market for years as these companies have been riding a wave of cyber threats and have easily acquired clients. Moreover, AI made them even hotter. These companies delivered jaw-dropping growth as businesses scrambled to protect their data from extremely sophisticated attacks. Even in this environment, many are still posting very impressive revenue figures. Their services remain in high demand because cybercrime shows no signs of slowing down. Yet despite this strength, their stock prices have taken a nosedive this year. Unfortunately, there's a lot of pessimism surrounding AI and connected themes like cybersecurity. Wall Street is pulling back on these names, and the shift has dragged down some stocks that were market darlings just a few months before. It's a good idea to look into the cybersecurity stocks that have been sold off the most, as there are likely buying opportunities here. For this article, I screened the worst-performing cybersecurity stocks year-to-date. I will also mention the number of hedge fund investors in these stocks. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). A woman talking on her cellular phone, with a map of a metropolitan area in the background. Number of Hedge Fund Holders In Q4 2024: 5 Telecom Argentina SA (NYSE:TEO) is a telecom and cybersecurity company. The stock is down significantly so far in 2025 due to the stock trading at excessively high valuations since Javier Milei's election in late 2024 as that allowed improved forex rates and an economic outlook. However, that has changed significantly, especially as significant debt is maturing. Scotiabank analyst Andres Coello maintained a Sell rating on Telecom Argentina and reduced the price target to $6.20. The company also reported a 7.7% decline in consolidated revenues in constant currency terms. Q4 service revenues grew by 2.6%, but the broader trajectory is weak. The consensus price target of $9.17 implies 13.69% downside. TEO stock is down 15.25% year-to-date. Overall, TEO ranks 10th on our list of cybersecurity stocks that are plunging in 2025. While we acknowledge the potential of TEO as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than TEO but that trades at less than 5 times its earnings, check out our report about the . READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Bloomberg
24-02-2025
- Business
- Bloomberg
Telefonica's $1.25 Billion Argentina Sale Draws Milei's Scrutiny
Telefonica SA agreed on Monday to sell its operations in Argentina to local firm Telecom Argentina SA for $1.25 billion, though President Javier Milei immediately warned his government would review the transaction as a possible monopoly. The Spanish mobile carrier signed and closed the deal on Monday, according to a regulatory filing. Shortly after, Milei's administration published a statement announcing it will evaluate the sale, arguing that it stands to put 70% of the country's telecommunications industry under control of one group.
