Advanced Info Service Public (OTCMKTS:AVIFY) Issues Earnings Results

Key Points

• Advanced Info Service Public reported earnings of $0.11 per share for the quarter, meeting analysts' expectations.
• The company achieved $1.73 billion in revenue during the quarter, significantly less than the anticipated $55.34 billion.
• With a market cap of $29.47 billion and a PE ratio of 26.08, the stock is currently priced at $9.91.

Advanced Info Service Public (OTCMKTS:AVIFY - Get Free Report) released its earnings results on Wednesday. The technology company reported $0.11 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.11, Zacks reports. The firm had revenue of $1.73 billion during the quarter, compared to analysts' expectations of $55.34 billion. Advanced Info Service Public had a return on equity of 43.92% and a net margin of 17.92%.

Advanced Info Service Public Stock Performance

AVIFY stock opened at $9.91 on Friday. The stock has a 50-day moving average price of $8.88 and a two-hundred day moving average price of $8.64. Advanced Info Service Public has a 1 year low of $6.02 and a 1 year high of $10.33. The stock has a market cap of $29.47 billion, a PE ratio of 26.08 and a beta of 0.35.

Advanced Info Service Public Company Profile

Advanced Info Service Public Company Limited, together its subsidiaries, provides communication products and services primarily in Thailand. It is involved in the operation of cellular telephone networks, networks, and telecommunication and internet services. The company also distributes handsets; cash cards and electronic payment services; and internet equipment.

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