Advanced Info Service Public (OTCMKTS:AVIFY) Releases Quarterly Earnings Results

Advanced Info Service Public (OTCMKTS:AVIFY) released its quarterly earnings results on Friday. The technology company reported $0.13 EPS for the quarter, topping analysts’ consensus estimates of $0.11 by $0.02, Zacks reports. Advanced Info Service Public had a return on equity of 42.28% and a net margin of 17.92%.The company had revenue of $1.67 billion for the quarter, compared to analyst estimates of $1.69 billion.

Advanced Info Service Public Price Performance

AVIFY stock traded up $0.54 during trading hours on Friday, reaching $10.26. 842 shares of the stock were exchanged, compared to its average volume of 7,373. The firm’s 50-day moving average is $9.58 and its 200-day moving average is $9.13. Advanced Info Service Public has a 12 month low of $7.17 and a 12 month high of $10.61. The company has a market cap of $30.51 billion, a price-to-earnings ratio of 27.00 and a beta of 0.26.

Advanced Info Service Public Cuts Dividend

The business also recently announced a dividend, which was paid on Monday, September 15th. Investors of record on Thursday, August 21st were paid a $0.149 dividend. The ex-dividend date of this dividend was Wednesday, August 20th. This represents a yield of 292.0%. Advanced Info Service Public’s dividend payout ratio is presently 76.32%.

About Advanced Info Service Public

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.