Globe Telecom Inc (PHS:GLO)
₱ 2100 0 (0%) Market Cap: 303.20 Bil Enterprise Value: 639.55 Bil PE Ratio: 12.49 PB Ratio: 1.81 GF Score: 84/100
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Q3 2022 Globe Telecom Inc Earnings Call Transcript

Nov 14, 2022 / 01:00AM GMT
Release Date Price: ₱2212 (-3.83%)
Jose Mari Fajardo
Globe Telecom, Inc. - Director of Investors Relations

Virtual Third quarter 2022 Analyst Briefing of Globe Telecom. We'll begin the presentation with Mr. Ernest Cu, our President and Chief Executive Officer, giving an overview of our performance and a few updates on the Globe Group. With that, we hand over the virtual floor to Mr. Cu.

Ernest Lawrence L. Cu
Globe Telecom, Inc. - President, CEO & Executive Director

Thank you, Jomari. Good morning to everyone, and thanks again for joining us for our third quarter briefing. For the 9 months ended September, Globe recorded an all-time high of PHP 118 billion up 3% versus the same period last year. This is driven by mobile and corporate data services as well as the contributions from our non-telco subsidiaries. This was due in part to our strong performance in the first half of the year, which saw the company achieve record-breaking revenue performances in the first and second quarter.

The third quarter, on the other hand, saw a slight softening of the pipeline as the Philippine

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