Tag Archives: AMX

America Movil: Worth a Look as Management Beats Expectations

America Movil (AMX, quote), Latin America’s largest mobile-phone carrier, beat revenue and earnings expectations for the third-quarter when it reported last week. Net income increased to $0.61 per share on top-line revenue growth of 4.5% to $14.8 billion. The report represents a strong 67% increase in net income over the same period last year, largely on an increase in data services and pay-per-view TV services.

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