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Telecom Argentina: 2Q Earnings Snapshot

BUENOS AIRES, Argentina (AP) _ Telecom Argentina SA (TEO) on Friday reported second-quarter net income of $122.3 million, after reporting a loss in the same period a year earlier.

The Buenos Aires, Argentina-based company said it had net income of 28 cents per share.

The telecommunications company posted revenue of $1.15 billion in the period.

Telecom Argentina shares have risen roughly 1% since the beginning of the year. In the final minutes of trading on Friday, shares hit $15.70, a decline of 13% 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