América Móvil(AMX)
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Claro Enterprise Solutions Debuts its Cyber-Physical Initiative at Black Hat 2024
Prnewswire· 2024-08-01 14:45
MIRAMAR, Fla., Aug. 1, 2024 /PRNewswire/ -- Claro Enterprise Solutions is thrilled to announce its participation in the prestigious Black Hat conference in Las Vegas, where it will debut its innovative cyber-physical security convergence initiative. Attendees are invited to visit our booth for exclusive demos, including a highlight on our advanced AI Video Analytics solution.Unveiling the Future of Cyber-Physical Security Claro Enterprise Solutions Debuts its Cyber-Physical Initiative at Black Hat 2024 ...
America Movil: Strong LTV Growth And Encouraging 5G Growth Prospects
Seeking Alpha· 2024-07-19 12:08
Tim Robberts Investment Thesis: I rate America Movil as a buy. In a previous article back in October, I made the argument that America Movil (NYSE:AMX) has good prospects for upside going forward, on the basis of strong LTV trends as well as a reduction in long-term debt. Since my last article, the stock is up by just over 8%: TradingView.com The purpose of this article is to assess whether my bullish thesis for the stock still holds and whether the stock has the capacity to see further upside from he ...
América Móvil(AMX) - 2024 Q2 - Earnings Call Transcript
2024-07-17 19:09
América Móvil, S.A.B. de C.V. (NYSE:AMX) Q2 2024 Earnings Conference Call July 17, 2024 11:00 AM ET Company Participants Daniela Lecuona - Head, Investor Relations Daniel Hajj - Chief Executive Officer Carlos García Moreno - Chief Financial Officer Oscar von Hauske - Chief Operating Officer Conference Call Participants Leonardo Olmos - UBS Walter Piecyk - LightShed Ventures Vitor Tomita - Goldman Sachs Phani Kanumuri - HSBC Lucca Brendim - Bank of America Carlos Legarreta - Itau Daniel Federle - Bradesco BB ...
America Movil (AMX) Q2 Earnings Decline Y/Y, Revenues Rise
ZACKS· 2024-07-17 15:20
America Movil, S.A.B. de C.V. (AMX) reported a net loss per ADR of 2 cents for the second quarter of 2024 against the net income of 46 cents reported in the prior-year quarter.Net loss in the June quarter was Mex$1,093 million or Mex$0.02 per share against net income of Mex$25,875 million or Mex$0.41 per share in the year-ago quarter.The company had a comprehensive financing cost of Mex$40,210 million compared with the year-ago quarter’s comprehensive financing cost of Mex$2,104 million.RevenuesTotal quarte ...
Claro Enterprise Solutions Awarded Comparably's Best Leadership Team Award for 2024
Prnewswire· 2024-07-17 13:08
MIRAMAR, Fla., July 17, 2024 /PRNewswire/ -- Claro Enterprise Solutions is proud to announce that it has been recognized with Comparably's Best Leadership Team award for 2024. This honor reflects the outstanding leadership and management conducted throughout the company, as rated by its employees. Claro Enterprise Solutions Awarded Best Leadership Teams "We are humbled and honored to receive this recognition. While our leadership team serves as a catalyst, it is our skilled, dedicated, and relentless em ...
New AI-Led Bullying and Vaping Detection Sensor Enhances School Safety
Prnewswire· 2024-06-26 17:02
Transforms school health and safety with advanced AI-driven surveillance to protect the mental and physical well-being of students. More use case information is now available in a new Claro Enterprise Solutions eBook.MIRAMAR, Fla., June 26, 2024 /PRNewswire/ -- Building on the robust platform's successful track record of security enhancements with schools, Claro Enterprise Solutions announced the launch of its latest AI Video Analytics sensor that helps detect bullying and vaping on campus. As a part of its ...
Amer Movil (AMX) Up 10.6% Since Last Earnings Report: Can It Continue?
zacks.com· 2024-05-16 16:36
Core Viewpoint - America Movil's recent earnings report indicates a decline in net income and revenues, raising questions about future performance and investor sentiment leading up to the next earnings release [1][2]. Financial Performance - The net income per ADR for Q1 2024 was 25 cents, down from 51 cents in the prior-year quarter, with total net income at Mex$13,494 million compared to Mex$30,146 million a year ago [2]. - Total quarterly revenues decreased by 2.7% to Mex$203,298 million, primarily due to poor performance in the Equipment segment and unfavorable foreign currency movements [3]. - Service revenues increased by 1.1% year over year to Mex$170,890 million, while equipment revenues fell by 4.1% to Mex$29,963 million [3]. Subscriber Growth - America Movil gained 1.5 million wireless subscribers in Q1 2024, including 1.3 million postpaid subscribers, with Brazil, Austria, and Colombia being the main contributors [3]. Regional Performance - Peru experienced a significant revenue decline of 33.4% to 1,607 million Soles, attributed to lower equipment revenues [4]. - Argentina's revenues decreased by 16.6% to ARS 305,412 million, impacted by declining service and equipment revenues, with the data reflecting hyperinflationary accounting [4]. - Colombia's revenues increased by 1.5% to COP 3,793 billion, driven by higher fixed-line revenues [4]. Cost and Profitability - Total costs and expenses were Mex$122,714 million, down 2.8% from the previous year, while EBITDA decreased by 2.6% to Mex$80,584 million, resulting in an EBITDA margin of 39.6% [6]. - The operating profit fell by 7.6% to Mex$40,758 million [6]. Liquidity Position - As of March 31, 2024, America Movil had Mex$71,280 million in cash and short-term investments, alongside long-term debt of Mex$384,310 million [7]. Market Sentiment and Outlook - Estimates for America Movil have trended downward, with a consensus estimate shift of -31.03% [7]. - The company holds a Zacks Rank of 3 (Hold), indicating expectations for an in-line return in the coming months [8].
América Móvil(AMX) - 2023 Q4 - Annual Report
2024-04-30 10:29
Dividends and Shareholder Returns - América Móvil approved an ordinary dividend of MXP$0.48 per share, payable in two installments of MXP$0.24 each on July 15 and November 11, 2024[3]. - The company allocated MXP$15,000 million for its buyback program for the period April 2024 – April 2025, increasing the total buyback fund to MXP$15,276 million[3]. Corporate Governance - The Board of Directors and Executive Committee members were ratified, including Carlos Slim Domit as Chairman and Claudia Jañez Sánchez as a member of the Audit and Corporate Practices Committee[5].
América Móvil(AMX) - 2023 Q4 - Annual Report
2024-04-30 01:12
Table of Contents As filed with the Securities and Exchange Commission on April [●] 2024 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 20-F ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 or ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 or or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 or ☐ SHELL COM ...
Claro Enterprise Solutions Doubles U.S. Customer Portfolio to Accelerate Security, Productivity and Performance Advantages
Prnewswire· 2024-04-23 16:37
"Claro Enterprise Solutions has been a cornerstone of our tech evolution. Together, we reduced network downtime, cut communication costs and streamlined response and resolution times to an unprecedented level of efficiency," said Celso Arrieta, IT Manager, City of Paris (TX) and a CES customer. "In a progressive city like ours in Paris, Texas, Claro Enterprise Solutions has been integral in making our city more resilient, efficient and connected." Rapid growth in artificial intelligence (AI), Cloud, and Int ...