Telecom Argentina Reports Decline in 2024 Financials

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https://www.tipranks.com/news/company-announcements/telecom-argentina-reports-decline-in-2024-financials

Telecom Argentina (TEO) has released an update.

Telecom Argentina has released its unaudited financial statements, revealing a significant decrease in both current and non-current assets by September 30, 2024, compared to the previous year. This decline is highlighted by a drop in cash and cash equivalents, as well as investments, posing potential challenges for the company’s financial stability. Investors and market watchers will be keen to see how Telecom Argentina plans to navigate these financial shifts in the coming months.

For further insights into TEO stock, check out TipRanks’ Stock Analysis page.

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