AMX

A month has gone by since the last earnings report for Amer Movil (AMX). Shares have lost about 9.8% in that time frame, underperforming the S&P 500. But investors have to be wondering, will the recent negative trend continue leading up to its next earnings release, or is Amer Movil due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the latest earnings report in order to get a better handle on the important catalysts. America Movil reported net income per ADR of 47 cents for the second quarter of 2026, up from 38 cents in the prior-year quarter. The earnings figure missed the Zacks Consensus Estimate of 52 cents. Net income in the quarter was Mex$24,332 million, or Mex$ 0.40 per share, compared with Mex$22,282 million, or Mex$0.37 per share, in the year-ago quarter. The company's comprehensive financing cost was Mex$10,423 million, up 34.8% from the year-ago quarter’s Mex$7,729 million. Total quarterly revenues rose 3.1% to Mex$241,071 million, driven by rapid momentum across the Service and Equipment segments. Service revenues were Mex$205,919 million, up 3.4% year over year. Equipment revenues totaled Mex$33,433 million, rising 1.6%. America Movil gained 3.5 million postpaid subscribers in the second quarter. Brazil drove most of the postpaid growth with 1.5 million additions, followed by Colombia with 250 thousand, Peru with 191 thousand, Argentina with 154 thousand and Mexico with 101 thousand. However, the prepaid business saw 3.7 million net subscriber losses as it streamlined its customer base in Colombia and Argentina. On the fixed-line, Broadband and Television platforms, the company ended the quarter with 80.2 million revenue-generating units. The telco operates in multiple regions, namely Mexico, Brazil, Colombia, Peru, Ecuador, Argentina, Central America & the Caribbean, Austria & Eastern Europe and the Southern Cone. Argentina’s revenue increased 8.6% year over year to ARS 999,073 million, backed by a 9.3% rise in service revenue. Wireless service revenue growth accelerated to 12% on stronger postpaid and prepaid trends, while fixed-line service revenue slipped 1.5% amid competitive pressures and promotional campaigns. The data for Argentina are reported under IAS29, reflecting the effects of inflationary accounting, as the Argentine economy is "deemed” to be hyperinflationary for the second quarter of 2026. Management also stated that Argentina would be excluded from all comparisons of consolidated data at constant exchange rates to ensure consistency. Brazil’s revenue increased 5.4% year over year to BRL 13.5 billion, driven by a 5.3% rise in service revenue. Mobile service revenue grew 6.1%, led by 7.1% postpaid growth, while fixed-line service revenue rose to 4.1%, supported by strong Pay TV, corporate networks and broadband performance despite a highly competitive environment. Revenues from Austria, Peru, Mexico, the Southern Cone and Central America and the Caribbean witnessed year-over-year growth of 4.2%, 8.1%, 3.2%, 9.6% and 7.6%, respectively. Revenues from Colombia and Ecuador gained 5.8% and 9%, respectively. Total costs and expenses were Mex$145,164 million, up 2.7% from the year-ago quarter. Overall, earnings before interest, taxes, depreciation and amortization (EBITDA) increased 3.8% to Mex$95,908 million. The EBITDA margin came in at 39.8% compared with 39.5% in the year-ago quarter. The company’s operating profit rose 9.5% to Mex$51,814 million. As of June 30, 2026, America Movil had Mex$74,732 million in cash, marketable securities and other short-term investments with Mex$393,519 million of long-term debt. It turns out, estimates revision have trended upward during the past month. The consensus estimate has shifted 7.14% due to these changes. Currently, Amer Movil has a poor Growth Score of F, however its Momentum Score is doing a lot better with a C. However, the stock was allocated a score of A on the value side, putting it in the top 20% for this investment strategy. Overall, the stock has an aggregate VGM Score of C. If you aren't focused on one strategy, this score is the one you should be interested in. Estimates have been trending upward for the stock, and the magnitude of this revision looks promising. Interestingly, Amer Movil has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report America Movil, S.A.B. de C.V. Unsponsored ADR (AMX) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Dolby Laboratories, Inc. DLB reported third-quarter fiscal 2026 non-GAAP earnings of 69 cents per share, down 11.5% year over year but above the Zacks Consensus Estimate of 67 cents by 2.99%. Lower-than-expected operating expenses helped offset softer revenues and higher taxes. Revenues of $305 million fell 3.3% year over year and missed the consensus mark of $314 million by 2.79%. Licensing remained the core business at 93% of sales, while better-than-expected Dolby Atmos, Dolby Vision and imaging patent revenues were offset by deal timing and weaker foundational audio. In the past year, shares have lost 24.5% compared with the Zacks Audio Video Production industry’s decline of 5.1%. Image Source: Zacks Investment Research Licensing revenues declined 2.6% year over year to $282.35 million. Broadcast fell 4.2% to $106.58 million, mobile declined 9.4% to $51.01 million and PC decreased 15.6% to $28.34 million. Timing of minimum volume commitments and lower recoveries weighed on these areas. Consumer electronics increased 12.2% to $31.51 million, primarily on recoveries, while other licensing revenue rose 7.0% to $64.91 million. Dolby Cinema and Atmos adoption in automobiles supported licensing revenue, partly offset by lower gaming-console unit shipments and imaging-patent revenue. Products and services revenue fell 11.7% to $22.64 million because cinema-product sales declined. Meta joined the video distribution program covering Facebook, Instagram and WhatsApp, while Alibaba signed for video operations spanning e-commerce, entertainment and digital media. The patent pool had 45 licensors after roughly a year, and management said the growing roster is helping advance discussions with other large streamers. Dolby OptiView secured a multiyear agreement with Roberts Communications Network for ultra-low-latency horse-racing streams. Google certified OptiView Ads for its Ad Manager partner program. Dolby also announced partnerships with more than 40 carmakers, up from over 20 at fiscal 2025-end. Android Auto added Atmos support with partners including BMW, Genesis, Mahindra, Mercedes, Renault and Skoda. GAAP gross profit declined 2.5% to $264.68 million, but gross margin rose to 86.8% from 86.0% as cost of revenue fell faster than sales. Products and services gross margin improved to 22% from 13%. Within services, lower Dolby Cinema warranty and maintenance costs supported margin performance. GAAP operating expenses increased 2.9% to $230.36 million. General and administrative expenses rose 4.5% to $75.59 million, mainly on litigation and patent-pool program costs, while a $3.96 million restructuring charge compared with a $0.55 million credit a year ago. Operating income fell 28% to $34.32 million, and the effective tax rate increased to 33.3% from 16.2%. For the fourth quarter of fiscal 2026, Dolby expects revenues of $362-$392 million, licensing revenues of $335-$365 million and non-GAAP earnings of $1.13-$1.28 per share. Non-GAAP gross margin is forecast at about 90%, with operating expenses of $195-$205 million. The revenue-guidance midpoint implies 23% year-over-year growth. Management expects support from the video distribution program, including the Meta deal signed early in the fiscal fourth quarter, higher Dolby Atmos units in automobiles, new device categories such as wearables and the timing of minimum volume commitments. Dolby Laboratories price-consensus-eps-surprise-chart | Dolby Laboratories Quote For fiscal 2026, DLB projects revenues of $1.41-$1.44 billion, licensing revenues of $1.31-$1.34 billion and non-GAAP earnings of $4.25-$4.40 per share. Non-GAAP operating margin is expected near 34%, representing roughly 100 basis points of year-over-year improvement. Management expects other licensing revenue to rise in the high teens, driven by automobiles and the video distribution program. Broadcast and mobile are forecast to grow in the mid-single digits, consumer electronics should be roughly flat and PC is expected to decline in the low single digits. Dolby Atmos, Dolby Vision and imaging-patent revenues are projected to grow about 15%. The company generated approximately $167 million in quarterly operating cash flow and ended the period with $756 million in cash and investments. Dolby said its liquidity sources should be sufficient to meet anticipated cash requirements for at least the next 12 months. Dolby repurchased 1.2 million shares for about $65 million and increased its buyback authorization by $350 million, leaving approximately $427 million available. It also declared a 36-cent dividend, up 9% year over year. Dolby currently has a Zacks Rank #4 (Sell). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Sonos, Inc. SONO reported third-quarter fiscal 2026 non-GAAP earnings of 27 cents per share, which soared 52% year over year and topped the Zacks Consensus Estimate of 24 cents. The 12.5% surprise reflected higher sales and disciplined spending despite rising memory costs. Revenues increased 9% to $375 million, beating the $367 million consensus by 2.3%. Speaker demand and international expansion supported growth. Sonos’ installed base exceeded 53 million connected devices across more than 17 million homes. America Movil, S.A.B. de C.V. AMX reported net income per ADR of 47 cents for the second quarter of 2026, up from 38 cents in the prior-year quarter. The earnings figure missed the Zacks Consensus Estimate of 52 cents. Total quarterly revenues rose 3.1% to Mex$241,071 million, driven by rapid momentum across the Service and Equipment segments. BlackBerry Limited BB reported first-quarter fiscal 2027 non-GAAP earnings per share of 4 cents. The figure beat the company’s estimate of 2-3 cents. In the year-ago quarter, it reported a non-GAAP EPS of 2 cents. The Zacks Consensus Estimate was pegged at 3 cents per share. BlackBerry generated $152.9 million in fiscal first-quarter revenue, representing 26% year-over-year growth. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Dolby Laboratories (DLB) : Free Stock Analysis Report America Movil, S.A.B. de C.V. Unsponsored ADR (AMX) : Free Stock Analysis Report Sonos, Inc. (SONO) : Free Stock Analysis Report BlackBerry Limited (BB) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Woodward, Inc. WWD reported third-quarter fiscal 2026 adjusted earnings of $2.52 per share, up 43.2% year over year. The bottom line beat the Zacks Consensus Estimate of $2.39 by 5.4%. Net sales rose 21.2% to $1.11 billion but missed the consensus mark of $1.114 billion by 0.4%. Commercial OEM sales surged 34%, while demand remained broad across Woodward's Industrial markets. In the past year, shares have gained 50.6% compared with the Zacks Aerospace - Defense Equipment industry’s rise of 4.8%. Image Source: Zacks Investment Research Aerospace sales increased 19% to $709 million. Commercial OEM revenues reached $234 million as aircraft production rates increased, while commercial services generated $268 million on continued legacy aircraft servicing and growing LEAP and GTF activity. Management said service inputs remained steady to higher across newer engine platforms. Defense OEM sales declined 6% to $141 million because of a one-time revenue recognition adjustment. Excluding that item, sales would have grown in the mid-single digits. Defense services rose 20% to $66 million. Segment earnings advanced 35% to $170 million, and margin expanded 290 basis points (bps) to 24%. A retroactive contract pricing adjustment added about 100 bps to the margin. Industrial sales climbed 26% to $401 million. Transportation revenues increased 40% to $180 million, aided by strong marine demand and $40 million of China on-highway sales. Power generation rose 19% to $145 million on robust data-center demand for prime and backup power. Oil and gas revenues advanced 11% to $76 million, supported by liquefied natural gas infrastructure activity and improving upstream capital spending. Industrial earnings jumped 86% to $88 million, while margin expanded 720 bps to 22.1%. China on-highway contributed about 90 bps to the margin. Core Industrial sales, which exclude that business, grew 19% to $361 million. Adjusted EBITDA increased 50% to $249 million, while adjusted EBIT rose 58% to $217 million. Total costs and expenses were $916.2 million compared with $788.6 million a year earlier. Profitability benefited from higher volume and pricing, partly offset by inflation, unfavorable mix and a higher tax burden. The adjusted effective tax rate rose to 24.2% from 14.5%. Companywide price realization was 10% in the quarter. Management expects full-year pricing of about 8%, with a more normal 3-5% range going forward. Lean initiatives are beginning to improve factory productivity. Automation across machining, inspection and material handling is intended to reduce the need for roughly 1,000 incremental hires by 2029. Woodward, Inc. price-consensus-eps-surprise-chart | Woodward, Inc. Quote Net cash provided by operating activities increased 17% to $147 million. Free cash flow declined 12% to $87 million as capital expenditures more than doubled to $60 million. Management expects spending to rise sharply in the fourth quarter, mainly to finish the Spartanburg facility and purchase equipment for the A350 spoiler program. Woodward ended June with $475 million in cash and cash equivalents and $1.34 billion of total debt. EBITDA leverage was 1.6 times. Through nine months, operating cash flow reached $352 million and free cash flow totaled $196 million. The company returned $608 million to shareholders, including $553 million through repurchases and $55 million through dividends. WWD raised its fiscal 2026 adjusted earnings guidance to $9.30-$9.50 per share from $9.15-$9.45. The company maintained its sales growth outlook of 20-23%, free cash flow forecast of $300-$350 million and capital expenditure plan of approximately $290 million. It expects to return about $700 million to shareholders for the full year. Aerospace sales are now expected to grow 21-23%, with a segment margin of about 23.5%. Industrial sales growth is projected at 19-21%, up from 18-20%, while segment margin is expected to reach roughly 19%. The adjusted effective tax rate forecast increased to approximately 22.5%. Woodward currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Teledyne Technologies Inc. TDY reported second-quarter 2026 adjusted earnings of $6.28 per share, which surpassed the Zacks Consensus Estimate of $5.78 by 8.7%. The bottom line also improved 20.8% from $5.20 recorded in the year-ago quarter. Total sales were $1.66 billion, which beat the Zacks Consensus Estimate of $1.57 billion by 5.9%. The top line also jumped 9.8% from $1.51 billion reported in the year-ago quarter. This improvement was driven by higher year-over-year sales across all business segments. America Movil, S.A.B. de C.V. AMX reported net income per ADR of 47 cents for the second quarter of 2026, up from 38 cents in the prior-year quarter. The earnings figure missed the Zacks Consensus Estimate of 52 cents. Total quarterly revenues rose 3.1% to Mex$241,071 million, driven by rapid momentum across the Service and Equipment segments. BlackBerry Limited BB reported first-quarter fiscal 2027 non-GAAP earnings per share of 4 cents. The figure beat the company’s estimate of 2-3 cents. In the year-ago quarter, it reported a non-GAAP EPS of 2 cents. The Zacks Consensus Estimate was pegged at 3 cents per share. BlackBerry generated $152.9 million in fiscal first-quarter revenue, representing 26% year-over-year growth. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report America Movil, S.A.B. de C.V. Unsponsored ADR (AMX) : Free Stock Analysis Report Teledyne Technologies Incorporated (TDY) : Free Stock Analysis Report Woodward, Inc. (WWD) : Free Stock Analysis Report BlackBerry Limited (BB) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Sonos, Inc. SONO reported third-quarter fiscal 2026 non-GAAP earnings of 27 cents per share, which soared 52% year over year and topped the Zacks Consensus Estimate of 24 cents. The 12.5% surprise reflected higher sales and disciplined spending despite rising memory costs. Revenues increased 9% to $375 million, beating the $367 million consensus by 2.3%. Speaker demand and international expansion supported growth. Sonos’ installed base exceeded 53 million connected devices across more than 17 million homes. Revenues from Sonos speakers rose 12.5% year over year to $285.3 million and remained the company’s largest product category. The quarter included the first full period of availability for Sonos Play and Era 100 SL, both of which contributed meaningfully to revenue growth. Sonos system products generated $69.3 million, down 5.4%. Partner products and other revenues increased 15.4% to $20.7 million. Amp Multi is scheduled to ship on Aug. 25, extending the company’s offering for professional installers and larger multi-zone projects. Image Source: Zacks Investment Research Americas revenues advanced 3.8% to $238.4 million. Europe, the Middle East and Africa revenues climbed 17.4% to $114.2 million, while Asia-Pacific sales increased 27.2% to $22.7 million. Foreign exchange added about one percentage point to reported growth. On a constant-currency basis, total revenues rose 7%, accelerating three percentage points from the second quarter. Non-GAAP gross profit increased 10.8% to $170.8 million. Non-GAAP gross margin expanded 80 basis points (bps) to 45.5%, even as higher memory costs created a $14 million year-over-year burden and reduced the margin by roughly 380 bps. GAAP gross margin was 50.4%, including a $23.2 million benefit from refunds of previously paid tariffs. Excluding that non-recurring benefit, GAAP gross margin was 44.3%, up 90 bps year over year. GAAP operating expenses increased 3.4% to $157.8 million, mainly due to employee compensation, litigation spending and restructuring charges. Non-GAAP operating expenses rose 2.7% to $134.6 million and remained below the levels recorded in the first two quarters of fiscal 2026. Adjusted EBITDA grew 23.5% to $44 million, with the margin improving to 11.7% from 10.3%. Non-GAAP operating income reached $36.2 million, up 57.3%, as gross-profit growth outpaced the increase in adjusted expenses. Cash provided by operating activities increased 23.5% to $46.2 million. Free cash flow rose 23.3% to $40.3 million, while cash and marketable securities totaled $261 million at quarter-end. Sonos repurchased 2 million shares for $30 million, leaving $35 million under its authorization. Inventories were $158 million, up 37% year over year due to higher memory costs, new product launches and capitalized tariffs. Sonos, Inc. price-consensus-eps-surprise-chart | Sonos, Inc. Quote For the fourth quarter of fiscal 2026, SONO expects revenues of $325 million to $355 million, representing 13% to 23% growth. The 14-week quarter includes an extra week expected to add about $24 million in sales and eight percentage points to growth. Excluding that benefit, growth is projected at 4% to 15%. GAAP gross margin is forecast between 39% and 41%, with non-GAAP gross margin about 120 bps higher. Management expects memory inflation to reduce gross profit by $35 million year over year. Adjusted EBITDA is projected between a loss of $11 million and a profit of $18 million. For fiscal 2026, Sonos expects revenue growth of 6% to 8%, or 4% to 6% excluding the extra week. Adjusted EBITDA is projected at $181 million, up 37%, with an 11.7% margin. Management expects memory-mitigation actions to phase in through fiscal 2027. Sonos currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. SAP SE SAP reported second-quarter 2026 non-IFRS earnings per share of €1.59 ($1.85), which increased 6% from the year-ago quarter. The Zacks Consensus Estimate was pegged at $2. Despite macroeconomic uncertainty, SAP reported total revenues on a non-IFRS basis of €9.9 billion ($11.5 billion), which increased 9% year over year (up 11% at constant currency or cc). The Zacks Consensus Estimate was pegged at $11.4 billion. America Movil, S.A.B. de C.V. AMX reported net income per ADR of 47 cents for the second quarter of 2026, up from 38 cents in the prior-year quarter. The earnings figure missed the Zacks Consensus Estimate of 52 cents. Total quarterly revenues rose 3.1% to Mex$241,071 million, driven by rapid momentum across the Service and Equipment segments. BlackBerry Limited BB reported first-quarter fiscal 2027 non-GAAP earnings per share of 4 cents. The figure beat the company’s estimate of 2-3 cents. In the year-ago quarter, it reported a non-GAAP EPS of 2 cents. The Zacks Consensus Estimate was pegged at 3 cents per share. BlackBerry generated $152.9 million in fiscal first-quarter revenue, representing 26% year-over-year growth. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report America Movil, S.A.B. de C.V. Unsponsored ADR (AMX) : Free Stock Analysis Report SAP SE (SAP) : Free Stock Analysis Report Sonos, Inc. (SONO) : Free Stock Analysis Report BlackBerry Limited (BB) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Fortive Corporation FTV reported second-quarter 2026 adjusted earnings of 74 cents per share, which jumped 28.5% year over year and topped the Zacks Consensus Estimate of 71 cents by 4.2%. Revenues rose 7.9% year over year to $1.10 billion and beat the consensus estimate of $1.06 billion by 3.5%. Core revenues increased 6.7%, reflecting price and volume growth in both operating segments. However, Fortive’s shares are slightly down around 1.5% in the pre-market trading session today. The stock has gained 21.6% in the past six months compared with the Zacks Electronics - Testing Equipment industry's growth of 16%. Image Source: Zacks Investment Research Currency translation and portfolio changes added 1.2 percentage points to reported revenue growth. The remaining increase came from core operations, showing that the quarter's expansion was primarily organic. Management linked the performance to strong execution under the Fortive Accelerated strategy. The company cited early progress in innovation, commercial execution and recurring customer value, supported by the Fortive Business System. These initiatives are intended to increase new-product velocity and deepen recurring customer relationships. Intelligent Operating Solutions generated revenues of $758.2 million, up 8.8% year over year. Core revenues increased 7.4%, driven by professional instrumentation, Facilities and Asset Lifecycle solutions, and gas detection. Adjusted EBITDA for the segment rose 12.2% to $264.4 million. The adjusted EBITDA margin expanded 110 basis points (bps) to 34.9%, as gross profit growth, operating leverage and structural cost savings more than offset growth investments. Advanced Healthcare Solutions posted revenues of $338.6 million, up 6% from the prior-year quarter. Core growth was 5.3%, supported by demand for healthcare consumables, services and software, along with modest growth in capital equipment. Segment adjusted EBITDA increased 2.7% to $88.4 million. However, the adjusted EBITDA margin contracted 80 bps to 26.1%, as product mix and strategic growth investments weighed on profitability despite operating leverage and cost savings. Adjusted gross profit increased 6.2% to $690.9 million. The adjusted gross margin was 63%, down 100 bps year over year, mainly due to product mix, partly offset by operating leverage. Adjusted EBITDA rose to $323.1 million from $288.4 million, and the margin expanded 110 bps to 29.5%. Adjusted operating profit increased to $300.7 million, with the adjusted operating margin improving 70 bps to 27.4%. GAAP net earnings advanced 40.9% to $157.3 million. Fortive Corporation price-consensus-eps-surprise-chart | Fortive Corporation Quote Operating cash flow from continuing operations reached $298.7 million, up from $205 million a year earlier. Free cash flow increased 50.3% to $270.6 million, representing conversion of 118.4% of adjusted net earnings. Trailing-12-month free cash flow totaled $1.04 billion, with conversion of 108.4%. Fortive ended the quarter with $374.2 million in cash and equivalents, while net debt was $3.15 billion and net leverage was 2.4 times adjusted EBITDA. The cash profile supports continued deployment across the company's stated priorities. Fortive raised its full-year 2026 adjusted earnings guidance to $2.95-$3.05 per share. The revision reflects solid first-half execution and management's confidence in the business trajectory. The company maintained that its medium-term financial framework remains intact. It continues to focus on faster profitable organic growth, disciplined capital allocation and building investor trust through clearer expectations and consistent delivery. The company deployed roughly $200 million toward share repurchases in the second quarter, buying about 3 million shares at an average price of $59.54. Repurchases over the past four quarters totaled approximately $2 billion, covering about 38 million shares, or roughly 11% of shares outstanding as of the second quarter of 2025. Fortive also completed the acquisition of UV Smart, a small bolt-on transaction aligned with its strategic growth priorities. Gross leverage declined to about 2.7 times adjusted EBITDA, preserving flexibility for organic investment, selective acquisitions, repurchases and a modestly growing dividend. Fortive currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. SAP SE SAP reported second-quarter 2026 non-IFRS earnings per share of €1.59 ($1.85), which increased 6% from the year-ago quarter. The Zacks Consensus Estimate was pegged at $2. Despite macroeconomic uncertainty, SAP reported total revenues on a non-IFRS basis of €9.9 billion ($11.5 billion), which increased 9% year over year (up 11% at constant currency or cc). The Zacks Consensus Estimate was pegged at $11.4 billion. America Movil, S.A.B. de C.V. AMX reported net income per ADR of 47 cents for the second quarter of 2026, up from 38 cents in the prior-year quarter. The earnings figure missed the Zacks Consensus Estimate of 52 cents. Total quarterly revenues rose 3.1% to Mex$241,071 million, driven by rapid momentum across the Service and Equipment segments. BlackBerry Limited BB reported first-quarter fiscal 2027 non-GAAP earnings per share of 4 cents. The figure beat the company’s estimate of 2-3 cents. In the year-ago quarter, it reported a non-GAAP EPS of 2 cents. The Zacks Consensus Estimate was pegged at 3 cents per share. BlackBerry generated $152.9 million in fiscal first-quarter revenue, representing 26% year-over-year growth. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report America Movil, S.A.B. de C.V. Unsponsored ADR (AMX) : Free Stock Analysis Report SAP SE (SAP) : Free Stock Analysis Report Fortive Corporation (FTV) : Free Stock Analysis Report BlackBerry Limited (BB) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Flex Ltd. FLEX reported first-quarter fiscal 2027 adjusted earnings of $1.00 per share, up 38.9% year over year. The figure beat the Zacks Consensus Estimate of 93 cents by 7.5%. Revenues advanced 20.6% to $7.93 billion and topped the consensus mark of $7.58 billion by 4.6%. Broad-based segment growth, led by a 35% expansion in Cloud and Power Infrastructure, supported the results. However, shares of the company declined around 5% in the pre-market trading session today. In the past year, the stock has surged 121.8% compared with the Zacks Electronics - Miscellaneous Products industry’s growth of 58.4%. Image Source: Zacks Investment Research Regulated Manufacturing Solutions revenues rose 12% year over year to $2.67 billion. Industrial demand benefited from energy infrastructure and warehouse automation, while connected medical devices supported Healthcare. Integrated Technology Solutions revenues increased 20% to $3.06 billion, aided by stronger advanced networking demand. Cloud and Power Infrastructure generated $2.20 billion, supported by robust demand across Power and Cloud & Cooling. Cloud and Power Infrastructure adjusted operating income rose 38% to $214 million, with margin increasing 20 basis points to 9.7%. Regulated Manufacturing Solutions income climbed 40% to $176 million, while Integrated Technology Solutions income advanced 21% to $158 million. Adjusted gross profit increased 28% to $761 million. Adjusted gross margin expanded 50 basis points to 9.6%, reflecting the benefit of the company’s mix and operating execution. Adjusted operating income climbed 35% to $534 million, while adjusted operating margin improved 70 basis points to 6.7%. GAAP selling, general and administrative expenses rose to $334 million from $233 million. Legal and other charges totaled $67 million, including $53 million primarily tied to the planned spin-off and $14 million of acquisition costs. Flex Ltd. price-consensus-eps-surprise-chart | Flex Ltd. Quote Cash provided by operating activities was $276 million, down from $399 million a year earlier. Changes in working capital and other items used $149 million against a $65 million contribution in the prior-year quarter. Net capital expenditures were $235 million, leaving free cash flow of $41 million. Free cash flow included a $24 million negative impact from separation costs related to the Cloud and Power Infrastructure spin-off. Cash and cash equivalents increased to $2.84 billion as of June 26, 2026, from $2.39 billion at fiscal 2026-end. Long-term debt rose to $5.22 billion from $3.75 billion over the same period. The quarter included $1.13 billion of cash used for business acquisitions and $90 million of proceeds from divestitures. Flex raised $2.83 billion through bank borrowings and long-term debt and repaid $1.39 billion of borrowings and other financing liabilities. For the second quarter of fiscal 2027, FLEX expects revenues of $7.95-$8.25 billion. Adjusted operating income is projected between $535 million and $565 million, with adjusted earnings of $1.00-$1.07 per share. Management expects Regulated Manufacturing Solutions revenues to rise in the mid-single to high-single digits. Integrated Technology Solutions is projected to grow in the high-single to low-double digits, while Cloud and Power Infrastructure is expected to increase 45-55%. Flex raised its fiscal 2027 revenue guidance to $33.7-$35.2 billion from $32.3-$33.8 billion. The adjusted operating margin outlook was tweaked to 7.0-7.2% from 7.0-7.1%. Adjusted earnings guidance was raised to $4.42-$4.74 per share from $4.21-$4.51. The company now expects Cloud and Power Infrastructure revenues to grow 65-75%, while free cash flow conversion is projected at roughly 40%, down from about 60% due to one-time separation costs. Flex currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. SAP SE SAP reported second-quarter 2026 non-IFRS earnings per share of €1.59 ($1.85), which increased 6% from the year-ago quarter. The Zacks Consensus Estimate was pegged at $2. Despite macroeconomic uncertainty, SAP reported total revenues on a non-IFRS basis of €9.9 billion ($11.5 billion), which increased 9% year over year (up 11% at constant currency or cc). The Zacks Consensus Estimate was pegged at $11.4 billion. America Movil, S.A.B. de C.V. AMX reported net income per ADR of 47 cents for the second quarter of 2026, up from 38 cents in the prior-year quarter. The earnings figure missed the Zacks Consensus Estimate of 52 cents. Total quarterly revenues rose 3.1% to Mex$241,071 million, driven by rapid momentum across the Service and Equipment segments. BlackBerry Limited BB reported first-quarter fiscal 2027 non-GAAP earnings per share of 4 cents. The figure beat the company’s estimate of 2-3 cents. In the year-ago quarter, it reported a non-GAAP EPS of 2 cents. The Zacks Consensus Estimate was pegged at 3 cents per share. BlackBerry generated $152.9 million in fiscal first-quarter revenue, representing 26% year-over-year growth. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report America Movil, S.A.B. de C.V. Unsponsored ADR (AMX) : Free Stock Analysis Report SAP SE (SAP) : Free Stock Analysis Report Flex Ltd. (FLEX) : Free Stock Analysis Report BlackBerry Limited (BB) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

SAP SE SAP reported second-quarter 2026 non-IFRS earnings per share (EPS) of €1.59 ($1.85), which increased 6% from the year-ago quarter. The Zacks Consensus Estimate was pegged at $2. Despite macroeconomic uncertainty, SAP reported total revenues on a non-IFRS basis of €9.9 billion ($11.5 billion), which increased 9% year over year (up 11% at constant currency or cc). The Zacks Consensus Estimate was pegged at $11.4 billion. AI strategy is becoming a major competitive advantage for SAP. Management emphasized its Autonomous Enterprise strategy, which combines Business AI with enterprise applications. SAP is embedding AI directly into finance, procurement, supply chain, HR and customer operations. The company's strategy revolves around two major pillars –Autonomous Suite and Business AI Platform. SAP believes customers increasingly value AI solutions that operate using trusted enterprise data while maintaining governance and compliance. This positioning gives SAP a competitive edge because its AI capabilities are built on decades of customer business processes and transactional data rather than disconnected AI models. As AI adoption expands across enterprises, SAP is well-positioned to monetize AI through higher cloud subscriptions rather than relying solely on standalone AI products. Current cloud backlog reached €22.9 billion in the quarter, representing 27% year-over-year growth (26% at cc). This metric is important because it reflects contracted future cloud revenue, giving investors visibility into future growth. On a non-IFRS basis, the Cloud and software segment (89.6% of total revenues) registered revenues of €8.9 billion, rising 11% year over year (up 13% at cc). Cloud revenue increased 22% year over year (24% at cc) to €6.3 billion, on a non-IFRS basis, demonstrating that enterprise customers continue to migrate mission-critical workloads to SAP's cloud ecosystem. SAP's Cloud ERP Suite, where revenue increased 25% (27% at cc) to €5.5 billion, is equally encouraging. Software licenses and support revenues totaled €2.6 billion, representing a 9% decrease (down 8% at cc) year over year. Services business (10.4% of total revenues) posted revenues of €1 billion, down 3% year over year (down 2% at cc). In the second quarter, organizations worldwide continued to adopt the “RISE with SAP” program to support their comprehensive business transformations. Notable adopters included ACCIONA, AIRBUS, City of Osnabrück, Electrolux, Eli Lilly, Gilead Sciences, HARTING, Hindustan Zinc, The Humboldt University of Berlin, JET, Ørsted, Samsonite Group, Shell, The Shoprite Group, SIGNAL IDUNA, SPAR (CH), Sun Pharma and Vonovia. “GROW with SAP” was implemented by Gooroo Crédito, Modular Data Centers, Parloa, Tarrant County, and Techem. Major global brands across various industries, including AMADEUS, BBC, Booking.com, GOL, Oki Electric Industry, PwC, University Hospital Zurich and Vale, chose SAP's AI and data solutions. SAP SE price-consensus-eps-surprise-chart | SAP SE Quote SAP secured significant customer wins across its solution portfolio, with new or expanded engagements from leading organizations such as Birlasoft, Capgemini, Haier Group and KaDeWe. Döhler, FANUC Europe, Fonterra, Natura Cosméticos, SABESP and TEAG went live on SAP solutions during the quarter. SAP’s cloud revenue growth was especially strong in the APJ and EMEA regions and robust in the Americas, with standout performances from Brazil, France, Germany, Italy, India, South Korea and Spain. It remained strong in the United States, Australia and Singapore. Non-IFRS gross profit of €7.3 billion increased 9% from the year-ago quarter (up 11% at cc). Non-IFRS cloud gross profit increased 22% year over year to €4.7 billion (up 23% at cc). Non-IFRS cloud gross margin fell 0.6 percentage points to 74.6%. SAP's non-IFRS operating profit rose 7% (up 9% at cc) to €2.7 billion, while margin decreased to 27.8%. As of June 30, 2026, SAP had cash and cash equivalents of €11.6 billion compared with €10.1 billion as of March 31, 2026. In the second quarter, the company generated operating cash of €3.2 billion, up 22% year over year. Free cash flow, a key metric of operational strength, rose 27% to €3 billion during the quarter. SAP also continues returning capital to shareholders. Its newly authorized €10 billion share repurchase program remains active. As of June 30, the company had repurchased more than 16.28 million shares and spent approximately €2.6 billion. The company lowered its non-IFRS operating profit outlook from €11.9–€12.3 billion to €11.8–€12.2 billion. The revision stems almost entirely from the acquisitions of Dremio and Prior Labs, which closed in July. Management expects these acquisitions to create a dilutive impact exceeding €100 million during 2026. Despite lowering operating profit guidance slightly, SAP maintained nearly all of its major financial targets. Management still expects cloud revenue between €25.8 billion and €26.2 billion, cloud and software revenue between €36.3 billion and €36.8 billion and approximately €10 billion in free cash flow. Additionally, SAP expects cloud backlog growth to remain strong, though slightly slower, total revenue growth to match 2025 levels, revenue acceleration in 2027 and operating expense growth to remain below revenue growth. Nonetheless, the company acknowledged that its outlook assumes a near-term de-escalation of geopolitical tensions in the Middle East. Any prolonged conflict could negatively impact enterprise spending or business operations. SAP currently carries a Zacks Rank #4 (Sell). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. America Movil, S.A.B. de C.V. AMX reported net income per ADR of 47 cents for the second quarter of 2026, up from 38 cents in the prior-year quarter. The earnings figure missed the Zacks Consensus Estimate of 52 cents. Total quarterly revenues rose 3.1% to Mex$241,071 million, driven by rapid momentum across the Service and Equipment segments. BlackBerry Limited BB reported first-quarter fiscal 2027 non-GAAP earnings per share (EPS) of 4 cents. The figure beat the company’s estimate of 2-3 cents. In the year-ago quarter, it reported a non-GAAP EPS of 2 cents. The Zacks Consensus Estimate was pegged at 3 cents per share. BlackBerry generated $152.9 million in fiscal first-quarter revenue, representing 26% year-over-year growth. Iridium Communications IRDM reported EPS of 9 cents for the second quarter of 2026, missing the Zacks Consensus Estimate of 26 cents. The bottom line also compared unfavorably with the prior-year quarter's figure of 20 cents. Iridium reported second-quarter revenue of $225.2 million, representing 4% year-over-year growth. The consensus mark was pinned at $221.2 million. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report SAP SE (SAP) : Free Stock Analysis Report America Movil, S.A.B. de C.V. Unsponsored ADR (AMX) : Free Stock Analysis Report Iridium Communications Inc (IRDM) : Free Stock Analysis Report BlackBerry Limited (BB) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Iridium Communications IRDM reported earnings per share (EPS) of 9 cents for the second quarter of 2026, missing the Zacks Consensus Estimate of 26 cents. The bottom line also compared unfavorably with the prior-year quarter's figure of 20 cents. Management attributed most of the decline to transaction costs related to the pending Rocket Lab Corporation RKLB acquisition and higher cash-based employee incentive compensation. Iridium reported second-quarter revenue of $225.2 million, representing 4% year-over-year growth. The consensus mark was pinned at $221.2 million. The biggest headline remains Rocket Lab's planned acquisition of Iridium. Rather than operating independently, Iridium will become part of a vertically integrated space company spanning satellite manufacturing, launch services, space systems, global communicationsand government space infrastructure. For Iridium, Rocket Lab provides direct access to satellite manufacturing expertise, launch capacity and potentially lower deployment costs for future constellation upgrades. Management believes this integration will accelerate innovation while improving operational efficiency over time. Iridium Communications Inc price-consensus-eps-surprise-chart | Iridium Communications Inc Quote The most compelling aspect of the quarter is Iridium's progress across four major growth initiatives, which is likely to open new market avenues. Iridium introduced the Iridium 9604 tri-mode communication module, combining satellite connectivity, LTE-M cellular and GNSS positioning. This integrated approach simplifies hardware development while lowering deployment costs for enterprise customers. Later this year, IRDM also plans to launch Iridium NTN Direct, enabling standards-based direct-to-device satellite connectivity. The recent commercial launch of Iridium's PNT ASIC significantly expands opportunities beyond communications. If adoption accelerates, Assured PNT could evolve into an entirely new recurring revenue platform. Iridium continues to strengthen its role within the U.S. defense infrastructure. Its work supporting the Space Development Agency's Proliferated Warfighter Space Architecture demonstrates that Iridium is becoming an increasingly strategic technology partner rather than simply a communications provider. As defense spending shifts toward space-based infrastructure, this business could generate substantial long-term opportunities. The major strategic move was completing the acquisition of Aireon LLC, operator of the world's only space-based ADS-B aircraft surveillance network. Management expects the acquisition to contribute approximately $100 million in annual service revenue and $30 million in annual OEBITDA. Total Service revenues rose 4% year over year to $161.3 million. Service revenues contributed 72% to total revenues in the second quarter. Our estimate for the metric was $159.9 million. Commercial services generated $133.7 million, representing 59% of total company revenue. Several business verticals contributed. Commercial IoT revenue increased 5%, hosted payload and data services rose 14% and voice and traditional data services grew 3%. Government services continue providing stability. Revenue from U.S. government customers increased 3% to $27.6 million, primarily due to contractual pricing increases under the Enhanced Mobile Satellite Services (EMSS) contract. The U.S. government remains Iridium's largest customer and represents nearly all engineering and support services revenue. Importantly, management expects renewal of the EMSS contract by March 2027. Given the increasing geopolitical tensions and growing military reliance on resilient satellite communications, this business should remain a dependable source of recurring revenue. Subscriber Equipment sales increased 7% to $20.8 million. We projected the figure to be $18.2 million. Engineering and support revenues jumped 3% to $43.1 million, led by Iridium’s expanding work with the Space Development Agency, reinforcing its emphasis on growth driven by national security programs. Our estimate was $42 million. Total operating expenses were $191.2 million compared with $166.6 million in the prior-year quarter, primarily due to higher depreciation and amortization costs and selling, general and administrative expenses. OEBITDA remained relatively stable at $119.1 million, only slightly below last-year quarter’s $121.3 million. The decline was largely due to a change in compensation structure, shifting to fully cash-based incentives. This added about $3.9 million in expenses for the quarter. Operating income came in at $34 million compared with $50.3 million reported in the year-ago quarter. The company ended the quarter with 2,627,000 billable subscribers, a 6% increase from the previous-year quarter. Commercial IoT remained the primary growth engine as enterprises continue deploying connected sensors and remote monitoring systems across industries such as logistics, agriculture, energy and environmental monitoring. The continued growth of commercial IoT subscribers, which increased 9%, is encouraging. Iridium continues investing aggressively. Capital expenditures totaled $21.8 million during the quarter. Following the Aireon acquisition, debt increased as expected, with gross debt reaching approximately $1.8 billion and cash balance of $184.2 million. As part of its capital return program, Iridium paid a second-quarter dividend of 15 cents per share on June 30, 2026, distributing $16.2 million to shareholders. Iridium currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. America Movil, S.A.B. de C.V. AMX reported net income per ADR of 47 cents for the second quarter of 2026, up from 38 cents in the prior-year quarter. The earnings figure missed the Zacks Consensus Estimate of 52 cents. Total quarterly revenues rose 3.1% to Mex$241,071 million, driven by rapid momentum across the Service and Equipment segments. BlackBerry Limited BB reported first-quarter fiscal 2027 non-GAAP earnings per share (EPS) of 4 cents. The figure beat the company’s estimate of 2-3 cents. In the year-ago quarter, it reported a non-GAAP EPS of 2 cents. The Zacks Consensus Estimate was pegged at 3 cents per share. BlackBerry generated $152.9 million in fiscal first-quarter revenue, representing 26% year-over-year growth. Ericsson ERIC reported second-quarter 2026 results, wherein earnings met the Zacks Consensus Estimate, while revenues missed the same. Adjusted earnings were SEK 1.22 (13 cents) per share, in line with the consensus estimate. Revenues were SEK 52.7 billion ($5.62 billion), down 6% year over year and 2.56% below the Zacks Consensus Estimate of $5.77 billion. Organic sales declined 1% year over year primarily due to lower IPR licensing revenues following a non-recurring benefit in the prior-year quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Iridium Communications Inc (IRDM) : Free Stock Analysis Report Ericsson (ERIC) : Free Stock Analysis Report America Movil, S.A.B. de C.V. Unsponsored ADR (AMX) : Free Stock Analysis Report BlackBerry Limited (BB) : Free Stock Analysis Report Rocket Lab Corporation (RKLB) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

America Movil, S.A.B. de C.V. AMX reported net income per ADR of 47 cents for the second quarter of 2026, up from 38 cents in the prior-year quarter. The earnings figure missed the Zacks Consensus Estimate of 52 cents. Net income in the quarter was Mex$24,332 million, or Mex$ 0.40 per share compared with Mex$22,282 million, or Mex$0.37 per share, in the year-ago quarter. The company's comprehensive financing cost was Mex$10,423 million, up 34.8% from the year-ago quarter’s Mex$7,729 million. Total quarterly revenues rose 3.1% to Mex$241,071 million, driven by rapid momentum across the Service and Equipment segments. Service revenues were Mex$205,919 million, up 3.4% year over year. Equipment revenues totaled Mex$33,433 million, rising 1.6%. America Movil gained 3.5 million postpaid subscribers in the second quarter. Brazil drove most of the postpaid growth with 1.5 million additions, followed by Colombia with 250 thousand, Peru with 191 thousand, Argentina with 154 thousand and Mexico with 101 thousand. However, the prepaid business saw 3.7 million net subscriber losses as AMX streamlined its customer base in Colombia and Argentina. On the fixed-line, Broadband and Television platforms, the company ended the quarter with 80.2 million revenue-generating units. The telco operates in multiple regions, namely Mexico, Brazil, Colombia, Peru, Ecuador, Argentina, Central America & the Caribbean, Austria & Eastern Europe and the Southern Cone. America Movil, S.A.B. de C.V. Unsponsored ADR price-consensus-eps-surprise-chart | America Movil, S.A.B. de C.V. Unsponsored ADR Quote Argentina’s revenue increased 8.6% year over year to ARS 999,073 million, backed by a 9.3% rise in service revenue. Wireless service revenue growth accelerated to 12% on stronger postpaid and prepaid trends, while fixed-line service revenue slipped 1.5% amid competitive pressures and promotional campaigns. The data for Argentina are reported under IAS29, reflecting the effects of inflationary accounting, as the Argentine economy is "deemed” to be hyperinflationary for the second quarter of 2026. AMX also stated that Argentina would be excluded from all comparisons of consolidated data at constant exchange rates to ensure consistency. Brazil’s revenue increased 5.4% year over year to BRL 13.5 billion, driven by a 5.3% rise in service revenue. Mobile service revenue grew 6.1%, led by 7.1% postpaid growth, while fixed-line service revenue rose to 4.1%, supported by strong Pay TV, corporate networks and broadband performance despite a highly competitive environment. Revenues from Austria, Peru, Mexico, the Southern Cone and Central America and the Caribbean witnessed year-over-year growth of 4.2%, 8.1%, 3.2%, 9.6% and 7.6%, respectively. Revenues from Colombia and Ecuador gained 5.8% and 9%, respectively. Total costs and expenses were Mex$145,164 million, up 2.7% from the year-ago quarter. Overall, earnings before interest, taxes, depreciation and amortization (EBITDA) increased 3.8% to Mex$95,908 million. The EBITDA margin came in at 39.8% compared with 39.5% in the year-ago quarter. The company’s operating profit rose 9.5% to Mex$51,814 million. As of June 30, 2026, America Movil had Mex$74,732 million in cash, marketable securities and other short-term investments with Mex$393,519 million of long-term debt. At present, AMX carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. BlackBerry Limited BB reported first-quarter fiscal 2027 non-GAAP earnings per share (EPS) of 4 cents. The figure beat the company’s estimate of 2-3 cents. In the year-ago quarter, it reported a non-GAAP EPS of 2 cents. The Zacks Consensus Estimate was pegged at 3 cents per share. BlackBerry generated $152.9 million in fiscal first-quarter revenue, representing 26% year-over-year growth. Ericsson ERIC reported second-quarter 2026 results, wherein earnings met the Zacks Consensus Estimate, while revenues missed the same. Adjusted earnings were SEK 1.22 (13 cents) per share, in line with the consensus estimate. Revenues were SEK 52.7 billion ($5.62 billion), down 6% year over year and 2.56% below the Zacks Consensus Estimate of $5.77 billion. Organic sales declined 1% year over year primarily due to lower IPR licensing revenues following a non-recurring benefit in the prior-year quarter. Calix, Inc. CALX reported strong second-quarter 2026 results, with both top and bottom lines surpassing the Zacks Consensus Estimate. The company posted a strong 21% year-over-year increase in revenues, driven by robust demand from broadband providers, increased adoption of its appliance-based platform and continued expansion of its cloud and managed services among new and existing customers. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report America Movil, S.A.B. de C.V. Unsponsored ADR (AMX) : Free Stock Analysis Report Ericsson (ERIC) : Free Stock Analysis Report Calix, Inc (CALX) : Free Stock Analysis Report BlackBerry Limited (BB) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

This article first appeared on GuruFocus. Revenue: MXN241 billion, up 3.1% year-on-year in Mexican peso terms. Service Revenue: Increased 3.4% year-on-year. EBITDA: Increased 5.3% at constant exchange rates. Operating Profit: MXN51.8 billion, up 9.5% in Mexican peso terms. Net Income: MXN24 billion, a 9.2% increase from the year earlier quarter. Capital Expenditures: MXN48 billion for the first half of the year. Net Debt: MXN402 billion at the end of June, representing 1.31 times last 12 months EBITDA after leases. Postpaid Subscribers: Added 3.5 million in the second quarter. Fixed Broadband Accesses: Connected 531,000 new accesses. Pay TV Units: Added 110,000 units. Warning! GuruFocus has detected 6 Warning Signs with AMX. Is AMX fairly valued? Test your thesis with our free DCF calculator. Release Date: July 22, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. America Movil SAB de CV (NYSE:AMX) added 3.5 million postpaid subscribers in the second quarter, with significant contributions from Colombia, Peru, Argentina, and Mexico. The company connected 531,000 new broadband accesses, with Mexico, Brazil, and Colombia being major contributors. Second quarter revenue increased by 3.1% year-on-year in Mexican peso terms, reaching MXN241 billion. Operating profit rose by 9.5% in Mexican peso terms, totaling MXN51.8 billion. Net income increased by 9.2% from the previous year, amounting to MXN24 billion. The prepaid segment experienced a net loss of 3.7 million subscribers, primarily due to base clean-up in Colombia and Argentina. The company faced a regulatory fine of MXN1.3 billion related to alleged violations of asymmetric measures dating back to 2017. There is increased competition and promotional activity in Brazil, particularly in the prepaid and postpaid segments. The company noted a slowdown in the Brazilian economy, which could impact revenue growth. Capital expenditures amounted to MXN48 billion, which, along with other financial obligations, impacted cash flow. Q: Could you elaborate on the competitive environment in Brazil, particularly regarding the new low-end hybrid plans? A: The Brazilian market has become more promotional, especially in prepaid and postpaid segments. While Claro Flex trends remain stable, promotions have intensified. We anticipate a recovery in the third and fourth quarters, but if competitors remain aggressive, we may need to adjust our strategies accordingly. On the fixed side, revenue growth is strong, supported by our robust network and customer care investments. - Daniel Hajj Aboumrad, CEO Q: What factors are driving the strong prepaid performance in Mexico despite mixed economic signals? A: The Mexican economy is recovering, and our prepaid customers are recharging more frequently and with higher amounts. Our extensive 5G network and increased coverage are attracting more subscribers. Additionally, our prepaid base is consistently active, contributing to revenue growth. - Daniel Hajj Aboumrad, CEO and Carlos Jose Garcia Moreno Elizondo, CFO Q: How is the World Cup impacting Mexico's mobile revenue growth, and what is the status of mobile registration? A: The World Cup had a minor impact, with increased roaming and data usage during the event. Regarding mobile registration, it primarily affects prepaid subscribers, with a phased registration process starting in August. Postpaid customers are already registered. - Daniel Hajj Aboumrad, CEO Q: Can you explain the increase in other financial expenses and the impact of Nucell on your financials? A: The rise in financial expenses is partly due to a fine related to past regulatory issues and currency hedging activities. Regarding Nucell, its subscribers are included in our base, and revenue is shared between Claro and Nucell. - Carlos Jose Garcia Moreno Elizondo, CFO and Daniel Hajj Aboumrad, CEO Q: With the current US dollar weakness, do you foresee any changes to your CapEx guidance or capital allocation strategy? A: The weak dollar increases our CapEx in dollar terms, but we remain committed to our MXN7 billion target. We prioritize maintaining our leverage ratio and are open to acquisitions that complement our existing operations, like the recent WOW acquisition in Peru. - Daniel Hajj Aboumrad, CEO and Carlos Jose Garcia Moreno Elizondo, CFO Q: What is your M&A strategy in Europe, and are you considering any divestments, such as your stake in Verizon? A: We focus on acquiring companies that enhance our fiber network and customer base, like Desktop and WOW. We are not actively pursuing divestments, including our Verizon stake, unless favorable conditions arise. - Daniel Hajj Aboumrad, CEO Q: How do you view the regulatory fine on Telmex, and what are the implications for future regulatory actions? A: The fine, related to alleged violations from 2017, is considered disproportionate. We hope there won't be similar fines in the future, as we believe this one was unjustified. - Daniel Hajj Aboumrad, CEO Q: Can you provide insights into the strong performance in Colombia and your outlook for Argentina? A: In Colombia, we are experiencing robust growth in mobile and corporate segments, driven by our 5G network and customer service. In Argentina, despite competitive challenges, we continue to expand our fiber and broadband offerings. - Daniel Hajj Aboumrad, CEO and Carlos Jose Garcia Moreno Elizondo, CFO For the complete transcript of the earnings call, please refer to the full earnings call transcript.

Interested in America Movil, S.A.B. de C.V. Unsponsored ADR? Here are five stocks we like better. América Móvil posted a solid second quarter, with revenue up 3.1%, EBITDA up 3.8% and net income up 9.2% year over year, helped by stronger service revenue and operating profit growth. Customer gains were led by postpaid mobile and fixed broadband, while Brazil saw more promotional competition and Mexico benefited from higher prepaid usage and postpaid plan upgrades. Management said capital allocation remains focused on fiber-focused acquisitions, leverage discipline and shareholder returns, while keeping full-year capex on track at about $7 billion. América Móvil Stock Has Nowhere to go but Higher America Movil (NYSE:AMX) reported higher second-quarter 2026 revenue, EBITDA and net income, with management pointing to continued growth in postpaid mobile and fixed broadband customers while addressing competitive pressures in Brazil, growth in Mexico and Colombia, and a selective acquisition strategy focused on fiber assets. Chief Financial Officer Carlos García Moreno said second-quarter revenue rose 3.1% year over year in Mexican peso terms to MXN 241 billion. Service revenue increased 3.4%, while EBITDA rose 3.8%. At constant exchange rates, service revenue grew 5.1% and EBITDA increased 5.3%, or 6.7% excluding a one-off charge in Mexico. → Buyback Boom: These 3 Companies Are Betting Billions on Their Own Stocks Operating profit totaled MXN 51.8 billion, up 9.5% in peso terms. Net income reached MXN 24 billion, a 9.2% increase from the prior-year quarter, equivalent to MXN 0.40 per share and $0.47 per ADR. García Moreno said the company added 3.5 million postpaid subscribers in the quarter, led by Brazil with 1.5 million additions. Colombia added 250,000 postpaid subscribers, Peru 173,000, Argentina 154,000 and Mexico 101,000. → 3 Photonics Companies Making Quantum Tech Possible In prepaid, the company recorded 3 million net losses as Colombia and Argentina cleaned up their subscriber bases. In fixed-line services, América Móvil connected 531,000 new broadband accesses, with Mexico contributing 170,000, Brazil 83,000 and Colombia 74,000. Pay TV added 110,000 units, mainly from Argentina, Eastern Europe and Central America. Management said mobile postpaid and fixed broadband remained the main sources of customer growth, rising 9.1% and 6.1%, respectively, from the year-earlier quarter. → AI Data Centers Need Power, and These 2 Industrials Are Cashing In Mobile service revenue grew 6.5%, continuing its recent pace. Postpaid revenue expanded 7.2%, while prepaid revenue growth accelerated to 5.3% from 3.1% a year earlier. Fixed-line service revenue growth improved to 2.7% from 1.7% in the prior quarter, with García Moreno saying the downward trend in fixed-line growth had ended. Chief Executive Officer Daniel Hajj said Brazil’s mobile market had become more promotional, particularly in prepaid and postpaid. He said competitors TIM and Vivo had been more aggressive since May, requiring América Móvil’s Claro business to respond. “If promotions and our competitors are more aggressive, we need to be a little bit more aggressive,” Hajj said. He added that the company remained a net gainer in postpaid mobile portability and expected some recovery in mobile growth in the third quarter and more so in the fourth quarter, though he said the path would depend on competitors’ actions. Hajj said Brazil’s fixed-line business was performing better, with revenue growth improving from 1.5% a year ago to 4.1% in the latest quarter. He cited the company’s network, 5G investments, customer care, net promoter score and convergence strategy as strengths. He also said management was watching signs of a possible economic slowdown in Brazil. In Mexico, management said prepaid revenue growth had continued to accelerate as customers recharged more frequently and at higher amounts. Hajj said customers who previously bought MXN 50 prepaid cards were increasingly buying MXN 80 or MXN 100 recharges, while data usage continued to rise. Hajj also highlighted the company’s 5G network in Mexico, saying it was helping both prepaid and postpaid performance. He said about half of renewing postpaid customers were upgrading their plans, which was supporting postpaid revenue growth. Asked about the World Cup’s impact on Mexican mobile revenue, Hajj said the event helped “a little bit” through roaming and increased usage, but he did not describe it as a major driver because Mexico hosted only a limited number of games and the impact was concentrated in part of June. On Mexico’s mobile registration process, Hajj said postpaid customers were already registered and that the remaining process applies to prepaid subscribers. He said the new registration schedule begins Aug. 15 and runs to late November or early December, with registration dates depending on the final digit of a customer’s phone number. Since January, all new customers have been required to register. Hajj said Colombia continued to perform strongly, with mobile revenue growth moving from 7% to 7.6% and then to 10%. He said América Móvil was the first to launch 5G in Colombia and was benefiting from network quality, portability gains and customers moving to higher plans. He added that the company was also expanding fiber and seeing growth in the corporate segment. In Argentina, Hajj said the company expects to compete against a larger rival but will continue investing in fiber, broadband, TV and 5G while maintaining competitive pricing. Management also highlighted Peru, where Hajj said fixed-side growth was about 12%, calling it “incredible.” He said Peru offered opportunities in broadband, corporate services and small businesses. For the first half of 2026, América Móvil reported MXN 48 billion in capital expenditures, MXN 4.6 billion in share buybacks and MXN 8.4 billion related to labor obligations, all covered by cash flow. García Moreno said net debt, excluding capitalized lease obligations, totaled MXN 402 billion at the end of June, representing 1.31 times last-12-month EBITDA after leases. Hajj said the company remains on track for about $7 billion in full-year capital expenditures. García Moreno reiterated that management seeks to keep leverage between 1.2 times and 1.5 times net debt to EBITDA, while accounting for expected transactions such as the Desktop acquisition, which the company expects could close this year. Hajj also discussed the recently announced WOW acquisition in Peru, describing it as a strategic fit that adds fiber, more than 3 million homes passed and about 500,000 customers. He said the network is outside Lima and complements América Móvil’s footprint, with potential synergies in broadband, mobile, TV, corporate and small-business services. More broadly, Hajj said the company is looking for acquisitions within existing countries that add fiber customers and help consolidate markets, rather than expansion into new countries. He said capital allocation will continue to balance acquisitions, shareholder returns and debt reduction. Management also addressed a MXN 1.3 billion regulatory fine related to Telnor, an affiliate of Telmex. García Moreno said the matter dates back to 2017 and involved an alleged violation of asymmetric measures, with the fine imposed in 2020 and becoming final in June. He called the fine “disproportional” and said the company does not expect more such fines, though he added, “Let’s see.” América Móvil is a Mexican telecommunications company headquartered in Mexico City that provides a broad range of communications services. Established in the early 2000s out of the expansion of the Slim family's telecommunications holdings, the company is a major provider of mobile and fixed-line telephony, broadband internet and pay-television services in the region. Its operations span retail consumer services as well as wholesale and enterprise solutions, positioning it as an integrated communications provider across multiple customer segments. The company markets services under several regional brands—most notably Telcel in Mexico and Claro across many Latin American markets—and offers both prepaid and postpaid mobile plans, fixed and mobile broadband, fiber-to-the-home where available, and video/broadcast distribution services. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. The article "America Movil Q2 Earnings Call Highlights" was originally published by MarketBeat. View MarketBeat's top stocks for July 2026.