Stock Analysis
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- BIT:TIT
Telecom Italia Reports First Quarter 2024 Earnings
Telecom Italia (BIT:TIT) First Quarter 2024 Results
Key Financial Results
- Revenue: €3.96b (up 3.0% from 1Q 2023).
- Net loss: €400.0m (loss narrowed by 42% from 1Q 2023).
- €0.019 loss per share.
All figures shown in the chart above are for the trailing 12 month (TTM) period
Telecom Italia Earnings Insights
Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 3.9% growth forecast for the Telecom industry in Italy.
Performance of the Italian Telecom industry.
The company's shares are up 1.1% from a week ago.
Risk Analysis
Be aware that Telecom Italia is showing 2 warning signs in our investment analysis and 1 of those is significant...
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About BIT:TIT
Telecom Italia
Engages in the provision of fixed and mobile telecommunications services in Italy and internationally.