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AVIFY beat earnings estimates in Q3 but missed revenue forecasts, with shares rising on a high dividend yield.
Advanced Info Service Public (AVIFY) reported Q3 earnings of $0.13 per share, beating estimates by $0.02, with revenue of $1.67 billion, slightly below the $1.69 billion forecast.
The company posted a 17.92% net margin and 42.28% return on equity.
Shares rose to $10.26, with low trading volume.
The stock has a market cap of $30.51 billion, P/E of 27.00, and a dividend yield of 292% after a $0.149 payout.
It operates telecom, internet, and payment services in Thailand.
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AVIFY superó las estimaciones de ganancias en el tercer trimestre, pero no cumplió con las previsiones de ingresos, con acciones que aumentan con un alto rendimiento de dividendos.