$America Movil SAB de CV(AMX)$America Movil, S.A.B. de C.V. AMX reported healthy first-quarter 2022 results, with earnings and revenues increasing on a year-over-year basis.
Quarterly net income per ADR came in at 47 cents compared with 3 cents in the prior-year quarter.
Net income in the March quarter was Mex$30,797 million or Mex$0.48 per share compared with Mex$1,810 million or Mex$0.03 per share in the year-ago quarter. The upside was primarily driven by strong operating profits and comprehensive financing income in the reported quarter.
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