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IQSTEL (IQST) Stock News, Feb-May 2024

IQST NASDAQ

IQSTEL Inc. reports developments across its global telecommunications and technology platform, including telecom operator relationships, fintech services, AI-powered communications, cybersecurity initiatives and digital-service expansion. Company updates frequently address financial results, margin and EBITDA priorities, platform consolidation, shareholder communications and investor presentations.

Recurring IQST news also covers product and strategy announcements such as the IQCortex AI orchestration platform, efforts to commercialize higher-margin technology services through telecom channels, and capital-structure actions tied to common stock, preferred stock and shareholder distributions.

Rhea-AI Summary

iQSTEL Inc. announced the acquisition of a 51% stake in Lynk Telecom, expected to add $20M in revenue and $1M in net income annually. The deal aims to strengthen iQSTEL's US market presence and expand its telecom services, with a projected operating net income increase of over a million dollars by next year.

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iQSTEL Inc. revealed $27 million in revenue for April, potentially reaching over $250 million for FY 2024. The company is a US-based, publicly listed telecom and tech firm eyeing a Nasdaq up-listing.

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23.09%
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-0.03%
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12.03%
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FAQ

What is the current stock price of IQSTEL (IQST)?

IQSTEL (IQST) last closed at $0.888.

What is the market cap of IQSTEL (IQST)?

The market cap of IQSTEL (IQST) is approximately $9.7M.