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Amer Movil: 2Q Earnings Snapshot

July 17, 2019

MEXICO CITY (AP) _ Amer Movil (AMX) on Tuesday reported second-quarter net income of $735.9 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the Mexico City-based company said it had profit of 22 cents.

The telecommunications company posted revenue of $13.08 billion in the period.

Amer Movil shares have risen 8% since the beginning of the year. The stock has dropped 11% in the last 12 months.

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