Amer Movil: 2Q Earnings Snapshot
Posted Jul 14, 2020 03:56:28 PM.
Last Updated Jul 14, 2020 04:00:07 PM.
MEXICO CITY (AP) _ Amer Movil (AMX) on Tuesday reported second-quarter net income of $861 million.
The Mexico City-based company said it had profit of 26 cents per share.
The telecommunications company posted revenue of $10.8 billion in the period.
Amer Movil shares have declined 23% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $12.30, a decrease of 18% in the last 12 months.
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The Associated Press