Axtel, S.A.B. de C.V. reported earnings results for the fourth quarter ended December 31, 2022. For the fourth quarter, the company reported sales was MXN 2,652.37 million compared to MXN 2,812.12 million a year ago. Net income was MXN 136.93 million compared to net loss of MXN 552.53 million a year ago.

Basic earnings per share from continuing operations was MXN 0.07 compared to basic loss per share from continuing operations of MXN 0.21 a year ago. Diluted earnings per share from continuing operations was MXN 0.07 compared to diluted loss per share from continuing operations of MXN 0.21 a year ago.