Latest news for Telefonica (NYSE:TEF) Stock

Telefonica

Telefonica operates mobile and fixed networks in Spain (where it is the incumbent telephone operator), the UK, Germany, Brazil, and other Latin American countries like Colombia, Mexico, Argentina, and Chile. The company derives more than 30% of its revenue from Spain, close to 20% from Germany, and 20% from Brazil. Its UK operations are held through a joint venture with Virgin Media. For several years Telefonica has been simplifying its corporate structure by selling noncore assets.

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뉴욕 증권 거래소(NYSE)의 여러 주식들은 기술적 문제로 인해 월요일 동부 표준시 오전 9시 40분 이후 갑자기 거래가 중단되었다. 이번 예상치 못한 거래 중단은 일반적으로 단일 주식의 과도한 변동성을 억제하는 데 사용되는 &#34;상향 한도(Limit Up)/하향 한도(Limit Down)&#34; 코드로 분류된 기술적 문제로 인해 촉발되었다.

버크셔 해서웨이, 치폴레 등 뉴욕 증권 거래소 기술적 문제로 일시 거래 중단 발생

Telefonica SA

Tefron Ltd

Nokia Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/nok#NYSE">NOK</a>) recently announced a three-year agreement with Telefonica, S.A (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/tef#NYSE">TEF</a>), to develop the private 5G network market in Spain. The collaborative effort is expected to advance telecommunications infrastructure in the European country and expand market opportunities in the private network sector. 
Private networks, which offer dedicated connectivity to specific users or organizations, are gaining recognition due to their superior reliability, security, and customization capabilities compared to traditional public networks. 
Under this agreement, Nokia will deploy 100 Digital Automation Cloud, Modular Private Wireless&nbsp;and MX Industrial Edge (MXIE) solutions. These deployments will likely enable its industrial digitalization platform to help industries such as manufacturing, healthcare and logistics meet critical needs. It further aims to simplify digital transformation within these industries by delivering a secure, reliable and high-performing wireless infrastructure, with on-premises computing capabilities for tapping into real-time OT data. This advancement is expected to improve productivity, worker safety and sustainability in the Spain. 
The collaboration between the two companies leverages Nokia&#39;s expertise in network infrastructure, along with Telefonica&#39;s extensive customer base and network footprint.&nbsp; Together, both companies aim to focus on enhancing the use of advanced 5G network features across Telefonica Mobile Spain and Telefonica IoT &amp; Big Data Tech Spain. The partnership will likely boost Industry 4.0 in the local market, enabling industries to become more data-driven. 
Nokia currently has 319 commercial 5G deals with communications service providers globally. The 5G portfolio is increasingly gaining traction among enterprise customers. The company&#39;s expertise in mission-critical networks is well-established, with deployments of more than 2,600 leading enterprise customers in the transportation, energy, large enterprise, manufacturing, webscale and public sector segments worldwide. It has also extended its expertise to more than 730 private wireless customers worldwide. 
This collaboration between Nokia and Telefonica represents a significant step forward in Spain&#39;s digital transformation journey. The integration of Nokia&#39;s advanced technologies and Telefonica&#39;s extensive network infrastructure will likely help the Spanish organizations gain enhanced connectivity, improved operational efficiency and increased competitiveness on the global stage. 
Shares of Nokia have lost 8.2% over the past year against the industry&#39;s growth of 40.4%.
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/08/70097.jpg?v=1425613148" /> 
Image Source: Zacks Investment Research
<h3>Zacks Rank and Key Picks</h3>
Nokia currently carries a Zacks Rank #3 (Hold).
Some better-ranked stocks in the industry have been discussed below. 
Arista Networks, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/anet#NYSE">ANET</a>), sporting a Zacks Rank of 1 (Strong Buy) at present, supplies products to a prestigious set of customers, including Fortune 500 global companies in markets such as cloud titans, enterprises, financials and specialty cloud service providers. 
Arista delivered a trailing four-quarter average earnings surprise of 15.39%. It has a long-term growth expectation of 16.07%. 
Motorola Solutions, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/msi#NYSE">MSI</a>) provides services and solutions to government segments and public safety programs, along with large enterprises and wireless infrastructure services. Currently, Motorola holds a Zacks Rank #2 (Buy). 
It delivered a trailing four-quarter average earnings surprise of 7.54% and has a long-term growth expectation of 9.47%. In the last reported quarter, Motorola delivered an earnings surprise of 11.51%.
<a href="https://www.zacks.com/stock/news/2296269/nokia-nok-telefonica-unite-to-boost-spain-s-private-network?cid=CS-BENZ-FT-analyst_blog|company_news_tech_sector-2296269">To read this article on Zacks.com click here.</a>

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Nokia, Telefonica Unite to Boost Spain's Private Network

Editor&#8217;s note: This story has been updated with additional details.
Multiple stocks on the New York Stock Exchange experienced sudden trading halts after 9:40 a.m. ET Monday <a href="https://www.benzinga.com/topic/nyse">due to technical issues.</a>
The unexpected pauses in trading were triggered by a technical issue categorized under the &#8220;Limit Up/Limit Down&#8221; code, which is typically used to curb excessive volatility in a single stock.
The NYSE said it is investigating the reported technical issue. &#8220;Additional information will follow as soon as possible,&#8221; NYSE-owner Intercontinental Exchange Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ICE#NYSE">ICE</a>) stated. 
Among the largest companies halted on Monday were Berkshire Hathaway Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>) at 9:50:52 a.m. ET and Chipotle Mexican Grill, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMG#NYSE">CMG</a>) at 9:44:58 a.m. ET. 
Chipotle shares experienced a sudden and dramatic decline of 66%, plummeting from $3,097 to $1,047. The stock resumed trading at 10:21 a.m.
At 9:49 a.m., ET shares of Berkshire Hathaway faced an even more severe downturn, nearly being wiped out with a staggering 99.7% collapse from $622,375 to $185.10. As of this update, trading has not yet resumed for the company owned by Warren Buffett.
Monday&#8217;s technical malfunctions on the NYSE occur just one week after U.S. stock exchanges transitioned to a <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/05/39039375/t-1-settlement-era-on-trading-begins-what-you-need-to-know">one-day settlement period.</a>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="500" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/03101722/image-4-1024x500.png" alt="" class="wp-image-368052" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/03101722/image-4-1024x500.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/03101722/image-4-300x147.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/03101722/image-4-768x375.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/03101722/image-4-1536x750.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/03101722/image-4.png 1920w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="500" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/03102012/image-5-1024x500.png" alt="" class="wp-image-368067" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/03102012/image-5-1024x500.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/03102012/image-5-300x147.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/03102012/image-5-768x375.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/03102012/image-5-1536x750.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/03102012/image-5.png 1920w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
<h3 class="wp-block-heading">Other Stocks Impacted </h3>
Other stocks affected by the sudden technical glitch on the New York Stock Exchange in Monday trading include:
<ul>
<li>Abbott Laboratories (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ABT#NYSE">ABT</a>)</li>
<li>Barrick Gold Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GOLD#NYSE">GOLD</a>)</li>
<li>Franco-Nevada Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FNV#NYSE">FNV</a>)</li>
<li>Essex Property Trust, Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ESS#NYSE">ESS</a>)</li>
<li>NuScale Power Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SMR#NYSE">SMR</a>)</li>
<li>Destiny Tech100 Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DXYZ#NYSE">DXYZ</a>)</li>
<li>Ault Disruptive Technologies Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ADRT#NYSE">ADRT</a>)</li>
<li>Nouveau Monde Graphite Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NMG#NYSE">NMG</a>)</li>
<li>Bowhead Specialty Holdings Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BOW#NYSE">BOW</a>)</li>
<li>Banco Santander-Chile (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BSAC#NYSE">BSAC</a>)</li>
<li>Logistic Properties of the Americas (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LPA#NYSE">LPA</a>)</li>
<li>Xperi Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XPER#NYSE">XPER</a>)</li>
<li>ICL Group Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ICL#NYSE">ICL</a>)</li>
<li>Telefonica, S.A. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TEF#NYSE">TEF</a>)</li>
<li>Trinity Industries, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TRN#NYSE">TRN</a>)</li>
</ul>
The technical fallout also impacted trading on the following NYSE-Arca listed exchange traded funds:
<ul>
<li>Direxion Daily Aerospace &amp; Defense Bull 3X Shares (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DFEN#NYSE">DFEN</a>)</li>
<li>MAX S&amp;P 500 4x Leveraged ETN (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UPRO#NYSE">UPRO</a>)</li>
<li>JPMorgan Core Plus Bond ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JCPB#NYSE">JCPB</a>)</li>
<li>Global X MSCI Argentina ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARGT#NYSE">ARGT</a>)</li>
<li>Nationwide Nasdaq-100 Risk-Managed Income ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NUSI#NYSE">NUSI</a>)</li>
<li>SPDR S&amp;P Semiconductor ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XSD#NYSE">XSD</a>)</li>
</ul>
Read now: <a href="https://www.benzinga.com/news/24/06/39136240/koss-corp-tupperware-blackberry-shares-are-moving-monday-whats-going-on">Koss Corp, Tupperware, BlackBerry Shares Are Moving Monday: What&#8217;s Going On?</a>
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Berkshire Hathaway, Chipotle, More NYSE Stocks Hit With Trading Halts Triggered By Technical Issues (UPDATED)

Guidance

General

Telefónica Targets 2024 Revenue Growth Of ~1% YoY, With EBITDA To Grow Between 1%-2% YoY

Earnings Beats

Telefonica Q1 2024 Adj EPS €0.10 Beats €0.09 Estimate, Sales €10.140B Versus €10.05B YoY

Telefonica S.A. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TEF#NYSE">TEF</a>) announced that O2 Telefónica <a href="https://www.telefonica.de/news/press-releases-telefonica-germany/2024/05/first-5g-core-network-in-the-cloud-for-an-existing-operator-o2-telefonica-sets-new-impulses-in-the-core-network-together-with-nokia-and-aws.html">launched </a>a new 5G core network built entirely in the cloud, using technologies from European network equipment provider Nokia Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOK#NYSE">NOK</a>) and from Amazon.com Inc&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) Amazon Web Services (AWS).
The 5G Cloud Core will&nbsp;be designed&nbsp;for a capacity of up to 1 million customers in the first phase.
Selected O2 Telefónica customers will benefit from the advantages of the cloud, which include, among other things, higher availability and reliability&nbsp;as well as&nbsp;faster software updates.
O2 Telefónica is the first telecommunications provider with an existing network to operate its core network on AWS.
This initiative underscores Amazon&#8217;s ambitious foray into global telecommunications, according to a report from Reuters.
While several telecom networks have migrated peripheral operations to public clouds, Telefonica&#8217;s move sets a new precedent as the first existing mobile operator to transition its core network to a public cloud, signaling a shift in industry norms.
The report noted that major cloud-computing giants like Amazon and&nbsp;Microsoft Corp&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) have long sought entry into the telecom sector, eyeing substantial revenue opportunities.&nbsp;
However, skepticism among operators regarding the efficacy of public clouds in managing mobile networks has been a barrier.
Also Read:&nbsp;<a target="_blank" href="https://www.benzinga.com/markets/equities/24/05/38667074/amazon-storms-into-south-africa-makes-waves-with-local-and-international-brands" rel="noreferrer noopener">Amazon Storms Into South Africa: Makes Waves With Local And International Brands</a>
Mallik Rao, Chief Technology &amp; Information Officer at O2 Telefonica, articulated a forward-looking strategy, expressing a desire to assess the cloud&#8217;s performance over several quarters and&nbsp;aiming&nbsp;to migrate a significant portion of the customer base by 2025-2026.
Transitioning the core network to a public cloud is expected to streamline operations, reduce costs, enhance scalability, and facilitate seamless repairs without service disruptions,&nbsp;thereby&nbsp;bolstering efficiency and reliability.
U.S.-based Dish notably adopted AWS cloud for its core network in 2021, a move facilitated by its greenfield approach, in contrast to existing operators with established systems, the report mentioned.
The telecom cloud market, poised for exponential growth, is projected to surge to $108.7 billion by 2030, presenting lucrative opportunities for industry players like Amazon.
Amazon stock has gained more than 78% in the last 12 months. Investors can gain exposure to the stock via&nbsp;Consumer&nbsp;Discretionary Select Sector SPDR Fund&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLY#NYSE">XLY</a>) and&nbsp;Vanguard Consumer Discretionary ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VCR#NYSE">VCR</a>).
Read Next:&nbsp;<a target="_blank" href="https://www.benzinga.com/markets/equities/24/05/38660100/amazon-to-invest-9b-in-singapore-cloud-infrastructure-doubling-its-current-investment" rel="noreferrer noopener">Amazon To Invest $9B In Singapore Cloud Infrastructure, Doubling Its Current&nbsp;Investment</a>
Price Action: AMZN shares closed higher by 0.03% at $188.76 on Tuesday.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo by Sundry Photography via Shutterstock

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Earnings Scheduled For February 22, 2024

Telefonica SA Reported Q4 Revenue of €10.15B, Down by 0.5 YoY, Adj EPS of €0.12

Telef&oacute;nica sets new targets for 2024, the first full year of the GPS strategic plan, consisting of revenue growth of around 1%, EBITDA growth of between 1% and 2% and operating cash flow (EBITDAaL-CapEx) of between 1% and 2%. It also foresees a CapEx over revenue figure of up to 13% and an increase in free cash flow of more than 10%. With regard to the FCF growth target for this year, it will be based on the &euro;2,308 million achieved under the new definition that Telef&oacute;nica will apply from this year onwards

Telefonica SA Expects FY24  Revenue Growth of ~1%, EBITDA Growth of 1%-2%, Operating Cash Flow of 1%-2%

Telefonica SA Reported FY23 Revenue of €40.65B, up by 1.6% YoY, Net Income of €2.37B, up by 17.1% YoY

Telefonica SA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TEF#NYSE">TEF</a>) bagged broadcasting rights for Spain&#8217;s premier <a href="https://www.benzinga.com/topic/soccer">football league matches</a>, agreeing to a deal worth $1.4 billion (1.3 billion euros). 
Starting with the 2024-2025 season, the Spanish carrier will broadcast five games per match-day across three seasons, beginning on <a href="https://www.sec.gov/Archives/edgar/data/814052/000081405224000006/tef-exclusivebroadcastingr.htm" target="_blank" rel="noreferrer noopener">Jan. 20, 2025</a>. 
The payment structure includes 250 million euros for the first season and 520 million euros for each following season, equivalent to what the company paid in a previous tender.
Telefonica has integrated football into its business strategy in Spain, utilizing expensive pay-TV packages to attract premium users who are less likely to change carriers over cost, Bloomberg&nbsp;<a target="_blank" href="https://www.bloomberg.com/news/articles/2024-01-19/telefonica-to-pay-1-3-billion-for-spanish-football-tv-rights?srnd=technology-vp&amp;sref=TBDibEcD" rel="noreferrer noopener">reports</a>.
Previously, the company had to resell broadcast rights to rivals at regulated prices. This requirement ceased on May 1, leading to Telefonica securing exclusive Spanish broadcasting rights for the UEFA Champions League in August.&nbsp;
Despite declining profits and sales in Spain&#8217;s competitive market, the company has seen a shift in recent years and aims to stabilize Spanish earnings in the second half of 2023.
Last December, Telefonica&nbsp;<a target="_blank" href="https://www.benzinga.com/markets/equities/23/12/36085935/telefonica-to-cut-around-5-100-jobs-in-spain-by-2026-report" rel="noreferrer noopener">shared plans to</a>&nbsp;eliminate about 5,100 jobs by 2026 as part of a cost-reduction strategy and to align its workforce with current market demands. With approximately 21,000 employees in Spain and over 103,000 globally, the company&#8217;s decision stems from productivity and organizational needs, particularly as automation and the shift from copper to fiber optic networks reduce labor requirements.
Price Action: TEF shares are trading higher by 0.74% at $4.11 on the last check Friday.
Now Read: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/01/36701086/nvidia-poised-for-continued-dominance-in-ai-infrastructure-analysts-forecast-robust">Nvidia Poised for Continued Dominance in AI Infrastructure, Analysts Forecast Robust Growth</a>
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo: Shutterstock

Sports

Telefonica Secures Spanish Football League Rights, Bolstering Sports Broadcasting Dominance

In the current session, the stock is trading at $4.11, after a 0.74% spike. Over the past month, Telefonica Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TEF#NYSE">TEF</a>) stock increased by 4.05%, and in the past year, by 4.85%. With performance like this, long-term shareholders are optimistic but others are more likely to look into the price-to-earnings ratio to see if the stock might be overvalued.

<img src="https://www.benzinga.com/files/images/story/2024/1705676412_0.png" alt="Past Year Chart" />

<h3>Telefonica P/E Ratio Analysis in Relation to Industry Peers</h3>
The P/E ratio measures the current share price to the company's EPS. It is used by long-term investors to analyze the company's current performance against it's past earnings, historical data and aggregate market data for the industry or the indices, such as S&amp;P 500. A higher P/E indicates that investors expect the company to perform better in the future, and the stock is probably overvalued, but not necessarily. It also could indicate that investors are willing to pay a higher share price currently, because they expect the company to perform better in the upcoming quarters. This leads investors to also remain optimistic about rising dividends in the future. 
Compared to the aggregate P/E ratio of the 53.5 in the Diversified Telecommunication Services industry, Telefonica Inc. has a lower P/E ratio of 13.88. Shareholders might be inclined to think that the stock might perform worse than it's industry peers. It's also possible that the stock is undervalued. 

<img src="https://www.benzinga.com/files/images/story/2024/1705676412_1.png" alt="Guage" />

In conclusion, the price-to-earnings ratio is a useful metric for analyzing a company's market performance, but it has its limitations. While a lower P/E can indicate that a company is undervalued, it can also suggest that shareholders do not expect future growth. Additionally, the P/E ratio should not be used in isolation, as other factors such as industry trends and business cycles can also impact a company's stock price. Therefore, investors should use the P/E ratio in conjunction with other financial metrics and qualitative analysis to make informed investment decisions.

Intraday Update

A Look Into Telefonica Inc's Price Over Earnings

By the close of today, January 05, 2024, ATN International (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ATNI#NASDAQ">ATNI</a>) will issue a dividend payout of $0.24 per share, resulting in an annualized dividend yield of 2.85%. This payout is exclusively for shareholders who held the stock before the ex-dividend date on December 28, 2023.
<h3>ATN International Recent Dividend Payouts</h3>
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<thead>
<tr>
<th>Ex-Date</th>
<th style="text-align: right;">Payments per year</th>
<th>Dividend</th>
<th>Yield</th>
<th>Announced</th>
<th>Record</th>
<th>Payable</th>
</tr>
</thead>
<tbody>
<tr>
<td>2023-12-28</td>
<td style="text-align: right;">4</td>
<td>$0.24</td>
<td>2.85%</td>
<td>2023-12-14</td>
<td>2023-12-31</td>
<td>2024-01-05</td>
</tr>
<tr>
<td>2023-09-28</td>
<td style="text-align: right;">4</td>
<td>$0.21</td>
<td>2.5%</td>
<td>2023-09-14</td>
<td>2023-09-30</td>
<td>2023-10-06</td>
</tr>
<tr>
<td>2023-06-29</td>
<td style="text-align: right;">4</td>
<td>$0.21</td>
<td>2.11%</td>
<td>2023-06-13</td>
<td>2023-06-30</td>
<td>2023-07-07</td>
</tr>
<tr>
<td>2023-03-30</td>
<td style="text-align: right;">4</td>
<td>$0.21</td>
<td>2.09%</td>
<td>2023-03-14</td>
<td>2023-03-31</td>
<td>2023-04-07</td>
</tr>
<tr>
<td>2022-12-29</td>
<td style="text-align: right;">4</td>
<td>$0.21</td>
<td>2.07%</td>
<td>2022-12-19</td>
<td>2022-12-31</td>
<td>2023-01-06</td>
</tr>
<tr>
<td>2022-09-29</td>
<td style="text-align: right;">4</td>
<td>$0.17</td>
<td>1.61%</td>
<td>2022-09-15</td>
<td>2022-09-30</td>
<td>2022-10-07</td>
</tr>
<tr>
<td>2022-06-29</td>
<td style="text-align: right;">4</td>
<td>$0.17</td>
<td>1.56%</td>
<td>2022-06-13</td>
<td>2022-06-30</td>
<td>2022-07-08</td>
</tr>
<tr>
<td>2022-04-07</td>
<td style="text-align: right;">4</td>
<td>$0.17</td>
<td>1.73%</td>
<td>2022-03-28</td>
<td>2022-04-08</td>
<td>2022-04-15</td>
</tr>
<tr>
<td>2021-12-30</td>
<td style="text-align: right;">4</td>
<td>$0.17</td>
<td>1.71%</td>
<td>2021-12-13</td>
<td>2021-12-31</td>
<td>2022-01-07</td>
</tr>
<tr>
<td>2021-09-29</td>
<td style="text-align: right;">4</td>
<td>$0.17</td>
<td>1.47%</td>
<td>2021-09-16</td>
<td>2021-09-30</td>
<td>2021-10-08</td>
</tr>
<tr>
<td>2021-06-29</td>
<td style="text-align: right;">4</td>
<td>$0.17</td>
<td>1.44%</td>
<td>2021-06-16</td>
<td>2021-06-30</td>
<td>2021-07-09</td>
</tr>
<tr>
<td>2021-03-30</td>
<td style="text-align: right;">4</td>
<td>$0.17</td>
<td>1.37%</td>
<td>2021-03-17</td>
<td>2021-03-31</td>
<td>2021-04-09</td>
</tr>
</tbody>
</table>
With a dividend yield that places it neither at the top nor the bottom, ATN International finds itself in the middle among its industry peers, while Telefonica (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TEF#NYSE">TEF</a>) boasts the highest annualized dividend yield at 8.04%.
<h3>Analyzing ATN International Financial Health</h3>
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing. 
<h3>YoY Growth in Dividend Per Share</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1704467129_0.png" alt="dividend chart graph" />
As you can see, from 2020 to 2023, investors saw an average increase in the company's dividend per share, rising from $0.68 in 2020 to $0.87 in 2023. This is good for investors because it shows that the company has steadily returned more capital back to their shareholders and it could mean that they are planning to continue increasing dividends.
<h3>YoY Earnings Growth For ATN International</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1704467129_1.png" alt="earning chart graph" />
The earnings chart highlights a decrease in ATN International's earnings per share, declining from $0.34 in 2020 to $-0.78 in 2023. This decline in earnings raises a red flag for income-seeking investors, as it suggests a potential decrease in the company's ability to generate cash for dividend payouts. It is essential to closely examine the factors behind this decrease and assess the long-term impact on dividend sustainability.
<h3>Recap</h3>
In this article, we explore the recent dividend payout of ATN International and its significance for shareholders. The company has decided to distribute a dividend of $0.24 per share today, which equates to an annualized dividend yield of 2.85%.
With a dividend yield that places it neither at the top nor the bottom, ATN International finds itself in the middle among its industry peers, while Telefonica boasts the highest annualized dividend yield at 8.04%.
With dividend per share increasing and earnings per share decreasing from 2020 to 2023, ATN International seems to be emphasizing the distribution of profits to investors despite the decline in profitability.
Investors should closely follow the company's performance in the coming quarters to stay up-to-date on any shifts in financials or dividend disbursements.
\To stay up-to-date with the companies that are announcing their dividends, <a href="https://www.benzinga.com/calendars/dividends">click here</a> to visit our Dividends Calendar. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Dividends

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ATN International Navigates Uncertainty with Confidence, Ensuring Stability for Investors

WIIM

Telefonica shares are trading higher following reports suggesting Spain will acquire a stake of up to 10% in the company.

The Spanish government has ordered state fund SEPI to acquire a stake of up to 10% in telecoms giant Telefonica, the state holding company SEPI said in a statement on Tuesday.&nbsp;

'The Spanish Government Has Ordered State Fund SEPI To Acquire A Stake Of Up To 10% In Telecoms Giant Telefonica' - Reuters News

<h3>Gainers</h3>
<ul>
<li>Hanryu Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HRYU#NASDAQ">HRYU</a>) shares increased by 20.1% to $0.76 during Tuesday's pre-market session. The market value of their outstanding shares is at $39.9 million. </li>
<li>NFT Gaming Co (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFTG#NASDAQ">NFTG</a>) stock increased by 8.02% to $0.39. The market value of their outstanding shares is at $4.6 million. </li>
<li>Anghami (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ANGH#NASDAQ">ANGH</a>) stock increased by 6.02% to $0.91. The market value of their outstanding shares is at $25.2 million. </li>
<li>Troika Media Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TRKA#NASDAQ">TRKA</a>) stock moved upwards by 5.87% to $0.25. The company's market cap stands at $4.2 million. </li>
<li>NFT (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/MI#AMEX">MI</a>) shares moved upwards by 5.76% to $0.16. The company's market cap stands at $5.5 million. </li>
<li>Liberty SiriusXM Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LSXMA#NASDAQ">LSXMA</a>) stock increased by 5.48% to $28.1. The company's market cap stands at $9.1 billion. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>WiMi Hologram Cloud (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WIMI#NASDAQ">WIMI</a>) stock fell 7.0% to $0.73 during Tuesday's pre-market session. The market value of their outstanding shares is at $63.3 million. </li>
<li>Telefonica (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TEF#NYSE">TEF</a>) stock decreased by 6.02% to $4.06. The market value of their outstanding shares is at $23.3 billion. </li>
<li>Loop Media (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/LPTV#AMEX">LPTV</a>) stock decreased by 5.39% to $1.23. The company's market cap stands at $80.7 million. As per the press release, Q4 earnings came out today. </li>
<li>ZW Data Action Tech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CNET#NASDAQ">CNET</a>) shares decreased by 5.0% to $0.92. The company's market cap stands at $6.6 million. </li>
<li>MoneyHero (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MNY#NASDAQ">MNY</a>) stock declined by 4.57% to $2.51. The company's market cap stands at $96.7 million. As per the news, the Q3 earnings report came out 4 days ago. </li>
<li>Lizhi (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LIZI#NASDAQ">LIZI</a>) shares fell 4.56% to $2.25. The company's market cap stands at $11.9 million. 
See Also: <a href="http://www.benzinga.com/money/best-communication-services-stocks/" title="www.benzinga.com/money/best-communication-services-stocks/">www.benzinga.com/money/best-communication-services-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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12 Communication Services Stocks Moving In Tuesday's Pre-Market Session

Spain&#39;s leading telecom company,&nbsp;Telefonica SA&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/tef#NYSE">TEF</a>), reportedly disclosed to the unions its plans to cut about 5,100 jobs in Spain by 2026.
The move reflects efforts to lower costs and adapt the company&#39;s size to the current market, reported Reuters.
The company has around 21,000 employees in Spain, with a global workforce of over 103,000.
As per the report, Telefonica based the decision on productivity, organization, and technical reasons, the union spokesman said as Telefonica and the unions started negotiating the layoffs.
As per the report, the company has regularly streamlined its payroll over the past few years as automation, and the replacement of the copper network by optic fiber require much less labor.
In September, Telefonica reported a third-quarter revenue growth of 11.2% Y/Y to &euro;10.34 billion. The company doubled its&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/news/earnings/22/11/29569101/telefonica-doubles-fcf-in-q3-clocks-10-3b-revenue-aided-by-strength-in-brazil-hispam" style="background-image:initial; background-position:initial; background-size:initial; background-repeat:initial; background-attachment:initial; background-origin:initial; background-clip:initial; margin-top:0pt; margin-bottom:0pt; color:#4a6ee0" target="_blank">free cash flow to &euro;1.13 billion</a>.
Price Action: TEF shares are trading higher by 0.23% at $4.33 premarket on the last check Tuesday.
Photo Via Company

Large Cap

Telefonica To Cut Around 5,100 Jobs In Spain By 2026: Report

Outlook January-September 2023 results on track to meet guidance for 2023 (organic1 ): &bull; Revenues: &quot;~4% growth&rdquo; (+3.5% in 9M 23) &bull; OIBDA: &quot;~3% growth&rdquo; (+2.6% in 9M 23) &bull; CapEx to sales ratio of around 14% organic (13.4% in 9M 23)

Telefonica SA On Track to Accomplish FY23 Revenue Growth of 4%, OIBDA Growth of ~3%

Telefonica SA Clocks 0.2% Revenue Decline YoY to €10.32B, EPS €0.09

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Earnings Scheduled For November 8, 2023

Bit2Me and droppGroup, two stalwarts in the Web3 technology sector, have officially cemented a strategic partnership, marking a pivotal advancement in the global Web3 ecosystem. As the demand for state-of-the-art Web3 technologies surges, this alliance between Spain&#39;s Bit2Me and droppGroup seeks to revolutionize the adoption of Web3 innovations for a myriad of enterprises and institutions.
Bit2Me, a player in Spain&#39;s digital assets domain, boasts robust registration credentials with the Bank of Spain and enjoys the financial backing of global giants like Telef&oacute;nica (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/tef#NYSE">TEF</a>), Investcorp, Stratminds VC, Emurgo and Inveready Venture Capital. The collaboration reinforces Bit2Me&#39;s business solutions portfolio, further augmenting its institutional reach, which already boasts partnerships with heavyweights like Mastercard (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ma#NYSE">MA</a>), Telef&oacute;nica and Prosegur Crypto.
On the other side of this alliance is droppGroup, headquartered in New York and equipped with an international footprint spanning from Riyadh to Barcelona. The company has carved a niche as a trendsetter in the Web3 technology realm, offering a comprehensive suite of avant-garde solutions such as artificial intelligence, machine learning, extended reality and metaverse implementations. Its technological mastery has garnered attention and adoption from global enterprises and governments.
This symbiotic partnership between Bit2Me and droppGroup aims to streamline the adoption process of Web3 technologies. Their combined expertise promises to equip clients with a cohesive onboarding experience, comprehensive technology consulting, and valuable training. Notably, a key feature of this collaboration entails the creation of a tokenized network and rewards program, a move set to broaden their market penetration.
Adding gravitas to this partnership, Bit2Me is slated to oversee the issuance of droppGroup&rsquo;s proprietary crypto token. This token will serve as the key to access droppGroup&#39;s innovative suite of services, from 4D modeling to computer vision tools. Furthermore, this token will drive droppGroup&rsquo;s Web3 reward system, creating incentives for network participation and overall growth.
Faisal Almonai, droppGroup&#39;s co-founder and chairman, shed light on the significance of this alliance, remarking, &ldquo;Bit2Me and droppGroup&rsquo;s partnership underscores our joint commitment to propel Web3 innovation on a global scale. By intertwining our technological prowess, we are setting the stage for an unprecedented digital asset transformation.&rdquo;
Bit2Me&rsquo;s co-CEO, Koh Onozawa, echoed these sentiments, highlighting the broader implications of this partnership for the company&rsquo;s global aspirations, and intriguingly added, &ldquo;This is just the beginning&hellip;&rdquo;

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Exclusive: Bit2Me And droppGroup Seal Game-Changing Web3 Global Partnership

Telefónica, S.A. (TEF) Q1 2024 Earnings Call Transcript

Telefonica S.A. Non-GAAP EPS of €0.10, revenue of €10.14B

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
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	The post <a href="https://investorplace.com/earning-results/2024/05/tef-stock-earnings-telefonica-for-q1-of-2024/">TEF Stock Earnings: Telefonica Reported Results for Q1 2024</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

TEF Stock Earnings: Telefonica Reported Results for Q1 2024

In a report released today, David Wright from Bank of America Securities maintained a Buy rating on Telefonica (TEF – Research Report). The company...

Bank of America Securities Sticks to Its Buy Rating for Telefonica (TEF)

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Analysts Offer Insights on Communication Services Companies: Telus (TU) and Telefonica (TEF)

Telefonica SA (TEF) has released an update. Telefónica SA has officially completed a share capital reduction by cancelling 80,296,591 of its own sh...

Telefónica Announces Share Capital Reduction

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Public cloud services spending projected to reach $219 billion by 2027 - report

Telefonica S.A. goes ex dividend tomorrow

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Telefónica and Nova Labs launch Helium Mobile Hotspots in Mexico

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Latest news for Telefonica (NYSE:TEF) Stock

Tuesday, June 04, 2024

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