PLDT (NYSE:PHI) stock is soaring 5.30% in pre-market trading on Tuesday, as investors react positively to the company's financial results for the first nine months of 2025. The Philippine telecommunications giant reported a robust core income of 25.8 billion Philippine pesos, driven by steady revenue growth and strong demand for data and broadband services.
According to the company's latest financial report, PLDT's Consolidated Gross Service Revenues rose 3% annually to 158.9 billion pesos, while Net Service Revenues edged up 1% to 145.9 billion pesos. This growth comes despite a 14.1% year-over-year decrease in quarterly earnings per share, which came in at $0.67 compared to $0.78 in the same period last year.
The market's enthusiastic response to PLDT's performance underscores investor confidence in the company's ability to maintain growth in a challenging economic environment. The strong demand for data and broadband services, in particular, highlights PLDT's strategic position in the rapidly digitalizing Philippine market. As the company continues to capitalize on these trends, investors appear optimistic about its future prospects, driving the stock's significant pre-market rally.