TEUM - Pareteum Corporation

NasdaqCM - NasdaqCM Real Time Price. Currency in USD
4.5900
-0.0600 (-1.29%)
At close: 4:00PM EDT
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Previous Close4.6500
Open4.5800
Bid4.5700 x 2900
Ask4.6300 x 1000
Day's Range4.5300 - 4.7050
52 Week Range1.4500 - 5.9300
Volume2,170,979
Avg. Volume4,275,528
Market Cap502.146M
Beta (3Y Monthly)2.09
PE Ratio (TTM)N/A
EPS (TTM)-0.2130
Earnings DateMar 27, 2019 - Apr 1, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est7.71
Trade prices are not sourced from all markets
  • Pareteum Achieves $70 Million in New Sales Agreements in April
    PR Newswire4 days ago

    Pareteum Achieves $70 Million in New Sales Agreements in April

    More than 20 new sales agreements power another winning month NEW YORK , May 15, 2019 /PRNewswire/ --  Pareteum Corporation (Nasdaq: TEUM), a rapidly growing global cloud software communications platform ...

  • Pareteum to Host Pareteum Power, an Analyst & Investor Day, on May 28, 2019
    PR Newswire5 days ago

    Pareteum to Host Pareteum Power, an Analyst & Investor Day, on May 28, 2019

    NEW YORK , May 14, 2019 /PRNewswire/ --  Pareteum Corporation (NASDAQ: TEUM), a rapidly growing global cloud software communications platform company with a mission to  connect every person and every(thing) ...

  • Analysts Say Pareteum (TEUM) Stock a Strong Buy as Earnings Impress
    SmarterAnalyst9 days ago

    Analysts Say Pareteum (TEUM) Stock a Strong Buy as Earnings Impress

    It takes a lot to impress Pareteum (TEUM) investors these days. The provider of mobile networking software and services released its quarterly earnings report on Tuesday, showing strong growth in both revenue and EPS. Revenue grew more than 400% since this time last year, beating analyst consensus revenue by more than 20%. The company saw EPS rise more than 17x, beating consensus by a wide margin. Management also raise guidance by nearly 10%, signalling to investors the company is optimistic that things will continue to get better. In reaction, Pareteum stock fell nearly 4% in Tuesday's trading session.Nonetheless, Maxim analyst Allen Klee reiterates a Buy rating on TEUM, with a $9 price target, which implies over 90% upside from where shares are currently trading.  (To watch Klee's track record, click here)With the first quarter beating Wall Street expectations, Klee says Pareteum’s performance “supports [his] view that [the company] has hit an inflection point of becoming a much larger and more profitable company.” While organic growth was only 33%, the company’s acquisitions (including Artillium and iPass) “have been integrated and most synergies have been fully captured,” helping revenue surge. And while current performance is strong, Klee believes Pareteum’s future looks just as solid. He highlights connections, which he calls a “leading indicator of future revenue growth,” rising 441% since last year to 12 million. Furthermore, existing customer continue to buy more services from the company, as dollar-based net expansion rose 144%, indicating that once Pareteum lands a customer, it can expect to generate revenue from that customer in the future. Another positive is the company’s three-year contracted revenue backlog. Currently at $938 million, Klee says this provides “very good visibility for future revenue.” The company converted more than 100% of its backlog for Q1, much more than the expected 75% -80%, as Klee believes “these results support our thesis that Pareteum offers a simplified solution to connect clients to networks, which is driving market share gains.” Looking ahead, the analyst is raising his 2019 and 2020 estimates “based on strong momentum,” while believing that “demand for Pareteum’s solutions comes from a compelling, one-stop-shop” for network connectivity. Klee also expects the company to grow organically, but also through its Artilium and iPass acquisitions. Overall, Klee expects “the stock to get revalued at higher levels” as “Pareteum transforms into a larger and profitable SaaS and communications service provider.” All in all, despite yesterday's fall, Pareteum stock is on a roll so far in 2019, up 180% in less than five months. Analysts are excited for the company's future, and the recent earnings report shows reason why. TipRanks analysis of five analyst ratings shows a Strong Buy rating, with all five analysts recommending Buy. The $8.00 price target represents a 71% increase from current levels. Read more: Pareteum (TEUM) Stock Looks Poised to Rally Even More More recent articles from Smarter Analyst: * Gene Munster: Key Takeaways From Nvidia (NVDA) Earnings * Trade War? Top Analyst Says Alibaba (BABA) Stock Still a Buy * The Green Organic Dutchman (TGODF) Stock -- Not Sinking Exactly, But Not Sailing Anywhere Fast * Is Boeing (BA) Stock a Buy Ahead of FAA Announcement?

  • Pareteum Launches Seven Customers into Service Production During April
    PR Newswire9 days ago

    Pareteum Launches Seven Customers into Service Production During April

    NEW YORK , May 10, 2019 /PRNewswire/ --  Pareteum Corporation (Nasdaq: TEUM), a rapidly growing global cloud software communications platform company with a mission to  connect every person and every(thing) ...

  • Pareteum Acquires Mobile Engagement Solutions Provider Devicescape
    PR Newswire11 days ago

    Pareteum Acquires Mobile Engagement Solutions Provider Devicescape

    Acquisition enhances Pareteum Cloud Platform and Smart Network with targeted location capabilities NEW YORK , May 8, 2019 /PRNewswire/ --  Pareteum Corporation (Nasdaq: TEUM), a rapidly growing global ...

  • Thomson Reuters StreetEvents11 days ago

    Edited Transcript of TEUM earnings conference call or presentation 7-May-19 8:30pm GMT

    Q1 2019 Pareteum Corp Earnings Call

  • Pareteum Corporation (TEUM) Q1 2019 Earnings Call Transcript
    Motley Fool11 days ago

    Pareteum Corporation (TEUM) Q1 2019 Earnings Call Transcript

    TEUM earnings call for the period ending March 31, 2019.

  • Pareteum Announces First Quarter 2019 Financial Results
    PR Newswire11 days ago

    Pareteum Announces First Quarter 2019 Financial Results

    Q1 Revenue of $23 Million Drives Growth of 460% Year-over-Year Q1 Adjusted EBITDA of $5.2 Million Net Dollar-Based Expansion Rate of 144% Year-over-Year Increases Full Year 2019 Guidance - Projecting 255-285% ...

  • Pareteum (TEUM) to Post Q1 Earnings: What's in the Cards?
    Zacks13 days ago

    Pareteum (TEUM) to Post Q1 Earnings: What's in the Cards?

    Pareteum's (TEUM) first-quarter 2019 results are likely to benefit from growing demand for its SaaS-based solution, and synergies from Artilium and iPass acquisitions.

  • Are Options Traders Betting on a Big Move in Pareteum (TEUM) Stock?
    Zacks17 days ago

    Are Options Traders Betting on a Big Move in Pareteum (TEUM) Stock?

    Investors need to pay close attention to Pareteum (TEUM) stock based on the movements in the options market lately.

  • Pareteum to Announce First Quarter 2019 Financial Results on May 7, 2019
    PR Newswirelast month

    Pareteum to Announce First Quarter 2019 Financial Results on May 7, 2019

    NEW YORK , April 16, 2019 /PRNewswire/ -- Pareteum Corporation (NASDAQ:TEUM), a rapidly growing global cloud software communications platform company with a mission to  connect every person and every(thing) ...

  • Pareteum Launches Seven Customers into Service Production During March
    PR Newswirelast month

    Pareteum Launches Seven Customers into Service Production During March

    Total 36-Month Contractual Revenue Backlog Grows to $938 Million NEW YORK , April 9, 2019 /PRNewswire/ --  Pareteum Corporation (Nasdaq: TEUM), a rapidly growing global cloud software communications platform ...

  • Pareteum Achieves $100 Million in New Sales Agreements During March
    PR Newswirelast month

    Pareteum Achieves $100 Million in New Sales Agreements During March

    Showcase wins power record performance NEW YORK , April 4, 2019 /PRNewswire/ --  Pareteum Corporation (Nasdaq: TEUM), a rapidly growing global cloud software communications platform company with a mission ...

  • Implied Volatility Surging for Pareteum (TEUM) Stock Options
    Zacks2 months ago

    Implied Volatility Surging for Pareteum (TEUM) Stock Options

    Investors need to pay close attention to Pareteum (TEUM) stock based on the movements in the options market lately.

  • Pareteum Wins $22 Million Contract with Digital Currency Wi-Fi Provider
    PR Newswire2 months ago

    Pareteum Wins $22 Million Contract with Digital Currency Wi-Fi Provider

    Blockchain Wi-Fi sharing solution to harness Pareteum's global cloud NEW YORK , April 2, 2019 /PRNewswire/ -- Pareteum Corporation (Nasdaq: TEUM), a rapidly growing global cloud software communications ...

  • Pareteum Wins $50 Million Global Expansion Contract with Streaming Media Brand
    PR Newswire2 months ago

    Pareteum Wins $50 Million Global Expansion Contract with Streaming Media Brand

    Pareteum cloud solution powers launch of digital services portfolio in US and UK NEW YORK , March 28, 2019 /PRNewswire/ --  Pareteum Corporation (Nasdaq: TEUM), a rapidly growing global cloud software ...

  • Thomson Reuters StreetEvents2 months ago

    Edited Transcript of TEUM earnings conference call or presentation 12-Mar-19 8:30pm GMT

    Q4 2018 Pareteum Corp Earnings Call

  • Pareteum and Citrix Agree Mobile Workforce Global Cloud Strategy Deployment
    PR Newswire2 months ago

    Pareteum and Citrix Agree Mobile Workforce Global Cloud Strategy Deployment

    NEW YORK, March 20, 2019 /PRNewswire/ -- Pareteum Corporation (TEUM), a rapidly growing global cloud software communications platform company with a mission to connect every person and every(thing)TM, today announced a new sales transaction with Citrix Systems, Inc. (CTXS). The agreement will see Citrix migrate employees to a cloud-based deployment of Pareteum's iPass SmartConnectTM solution, which has been fully integrated with Citrix's existing single sign-on solution to provide users with an enhanced security experience. Using the Pareteum solution on corporate-issued and BYOD devices, Citrix's mobile employees will be able to seamlessly and securely connect to millions of Wi-Fi hotspots globally, automatically transitioning back to cellular when Wi-Fi is not available.

  • GuruFocus.com2 months ago

    Pareteum Corp (TEUM) Files 10-K for the Fiscal Year Ended on December 31, 2018

    Pareteum Corp (NASDAQ:TEUM) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018.

  • Pareteum Wins $17 Million in New Early March Contracts
    PR Newswire2 months ago

    Pareteum Wins $17 Million in New Early March Contracts

    Adds 10 new customer agreements NEW YORK , March 15, 2019 /PRNewswire/ --  Pareteum Corporation (Nasdaq:TEUM), a rapidly growing global cloud software communications platform company with a mission to ...

  • TheStreet.com2 months ago

    3 Interesting Stocks I'm Watching Right Now

    The indices are down slightly and breadth is running negative with about 2,900 gainers to 3,700 decliners. New 12-month highs are down to around 80 while new 12-month lows are about 20. This is looking like some routine consolidation after a frisky three-day run.

  • ACCESSWIRE2 months ago

    Tech Stocks in the News

    HENDERSON, NV / ACCESSWIRE / March 14, 2019 / Below are a few top technology stocks making news recently. Including several telecom companies making news. Telecom and IoT are going to start finding synergies. ...

  • Why Pareteum Stock Soared Wednesday
    Motley Fool2 months ago

    Why Pareteum Stock Soared Wednesday

    Results easily beat analysts' average estimates.

  • Pareteum to Exhibit at Enterprise Connect 2019
    PR Newswire2 months ago

    Pareteum to Exhibit at Enterprise Connect 2019

    NEW YORK , March 13, 2019 /PRNewswire/ -- Pareteum Corporation (Nasdaq: TEUM), a rapidly growing global cloud software communications platform company with a mission to connect   every person and every(thing) ...

  • Pareteum Announces Fourth Quarter and Full Year 2018 Financial Results
    PR Newswire2 months ago

    Pareteum Announces Fourth Quarter and Full Year 2018 Financial Results

    Q4 Revenue Growth of 256% and FY 139% Q4 Adjusted EBITDA of $2.34M and FY $6.4M Q4 Non-GAAP EPS of $0.02 cents and FY $0.09 cents Net Dollar-Based Expansion Rate of 214% Year-Over-Year Announces 2019 Guidance ...