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Telecom Argentina: Q1 Earnings Snapshot

·1 min read

BUENOS AIRES, Argentina (AP) _ Telecom Argentina SA (TEO) on Tuesday reported first-quarter net income of $98.8 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the Buenos Aires, Argentina-based company said it had net income of 23 cents.

The telecommunications company posted revenue of $932.8 million in the period.

Telecom Argentina shares have dropped 11% since the beginning of the year. The stock has declined 38% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TEO at https://www.zacks.com/ap/TEO

The Associated Press

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