Amer Movil: 2Q Earnings Snapshot

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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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AMX at https://www.zacks.com/ap/AMX

The Associated Press

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