- Philippine Long Distance Telephone (NYSE:PHI) ADRs are down 5.9% following earnings, where it showed a narrow beat on profits.
- Net income for the first nine months is still off 9% Y/Y, to 25.35B Philippine pesos. Core income dropped 5% over the same period.
- For the nine months, the company drew PHP 86.76B in wireless revenue (down 2%), and PHP 50.92B in fixed-line revenues (up 4%).
- Press Release