Pareteum Corporation operates a communications cloud services platform in Europe and internationally. Its platform provides mobility, messaging, and security services and applications, with a single-sign-on, application program interface (API), and software development suite. The company's platform hosts integrated IT/back office and core network functionality for mobile network operators, as well as for enterprises to implement and leverage mobile communications solutions on a SaaS, PaaS, or IaaS basis. It also offers operational support system for channel partners with APIs for integration with third party systems, workflows for complex application orchestration, and customer support with branded portals and plug-ins for various other applications. Pareteum Corporation serves the markets of Internet of Things, mobile virtual network operators, smart cities, and application developers. The company was formerly known as Elephant Talk Communications Corp. and changed its name to Pareteum Corporation in November 2016. Pareteum Corporation is based in New York, New York.
Industry, Sector and Symbol
Industry Telecom Services
Sub-IndustryN/A
SectorCommunication Services
Phone+1-212-9841096
Debt
Price-To-Earnings
Sales & Book Value
Annual SalesN/A
Profitability
Miscellaneous
EmployeesN/A
Next Earnings DateN/A
OptionableNot Optionable
Pareteum (NYSEAMERICAN:TEUM) Frequently Asked Questions
What is Pareteum's stock symbol?
Pareteum trades on the New York Stock Exchange (NYSE)AMERICAN under the ticker symbol "TEUM."
When did Pareteum's stock split? How did Pareteum's stock split work?
Shares of Pareteum reverse split on the morning of Monday, February 27th 2017. The 1-25 reverse split was announced on Friday, February 17th 2017. The number of shares owned by shareholders was adjusted after the closing bell on Friday, February 24th 2017. An investor that had 100 shares of Pareteum stock prior to the reverse split would have 4 shares after the split.
How were Pareteum's earnings last quarter?
Pareteum Corp (NYSEAMERICAN:TEUM) posted its earnings results on Tuesday, August, 6th. The technology company reported $0.01 earnings per share for the quarter, beating the Zacks' consensus estimate of ($0.01) by $0.02. The technology company had revenue of $34.15 million for the quarter, compared to analyst estimates of $27.31 million. View Pareteum's Earnings History.
What guidance has Pareteum issued on next quarter's earnings?
Pareteum updated its FY 2019 earnings guidance on Tuesday, August, 6th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $120-130 million, compared to the consensus revenue estimate of $116.93 million.
What price target have analysts set for TEUM?
6 Wall Street analysts have issued 1 year target prices for Pareteum's stock. Their predictions range from $1.00 to $9.00. On average, they anticipate Pareteum's share price to reach $6.08 in the next twelve months. This suggests a possible upside of 633.0% from the stock's current price. View Analyst Price Targets for Pareteum.
What is the consensus analysts' recommendation for Pareteum?
6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pareteum in the last year. There are currently 1 hold rating and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Pareteum.
What are Wall Street analysts saying about Pareteum stock?
Here are some recent quotes from research analysts about Pareteum stock:
- 1. According to Zacks Investment Research, "Pareteum Corporation is a provider of mobile software defined network architecture platforms for the telecommunications industry. The company empowers Mobile Network Operators, Virtual Operators, Enablers and Aggregators with a full suite of applications, superior industry expertise and high quality customer service. Pareteum Corporation, formerly known as Elephant Talk Communications Corp., is based in New York. " (10/9/2019)
- 2. Maxim Group analysts commented, "Management preannounced 2Q19 results that will exceed consensus estimates for revenue of $26.2M and adjusted EBITDA of $4.1M." (6/28/2019)
- 3. Northland Securities analysts commented, "We recently spoke with a key customer that attributes much of its success to Pareteum, and sees the ability to scale to several million subscribers on the TEUM platform. Pareteum continues to add senior managers with deep software and comm experience, including the recent head of service delivery. Last week we hosted a management call as well. We believe TEUM continues to set conservative guidance." (6/18/2019)
Has Pareteum been receiving favorable news coverage?
Media stories about TEUM stock have been trending neutral on Friday, according to InfoTrie. The research firm ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Pareteum earned a coverage optimism score of 0.2 on InfoTrie's scale. They also gave news headlines about the technology company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the stock's share price in the next several days. View News Stories for Pareteum.
Who are some of Pareteum's key competitors?
Some companies that are related to Pareteum include Globalstar (GSAT), Macquarie Telecom Group (MAQ), Opticomm (OPC), MNF Group (MNF), Uniti Wireless (UWL), Superloop (SLC), Tele Columbus (TC1), Manx Telecom (MANX), Speedcast International (SDA), Over The Wire (OTW), Zegona Communications (ZEG), QSC (QSC), Spirit Telecom (ST1), Bigblu Broadband (BBB) and 5G Networks (5GN).
What other stocks do shareholders of Pareteum own?
Who are Pareteum's key executives?
Pareteum's management team includes the folowing people:
- Mr. Robert H. Turner, Founder, Exec. Chairman & Principal Exec. Officer (Age 69)
- Mr. Victor Bozzo, Co-Founder & CEO (Age 50)
- Mr. Edward O'Donnell, Chief Financial Officer (Age 53)
- Mr. Denis McCarthy, First Pres (Age 43)
- Mr. Ali Davachi, CTO & COO
How do I buy shares of Pareteum?
Shares of TEUM can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.
What is Pareteum's stock price today?
One share of TEUM stock can currently be purchased for approximately $0.83.
How big of a company is Pareteum?
What is Pareteum's official website?
How can I contact Pareteum?
Pareteum's mailing address is 1185 Avenue of the Americas Fl 37, NEW YORK, NY 10036-2603, United States. The technology company can be reached via phone at +1-212-9841096.
MarketBeat Community Rating for Pareteum (NYSEAMERICAN TEUM)
MarketBeat's community ratings are surveys of what our community members think about Pareteum and other stocks. Vote "Outperform" if you believe TEUM will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TEUM will underperform the S&P 500 over the long term. You may vote once every thirty days.
