earnings
confidence high
sentiment neutral
materiality 0.70
Liberty Latin America Q1 revenue flat, Adj OIBDA down 6%; buyback expanded by $200M
Liberty Latin America Ltd.
2024-Q1 EPS reported
$0.00
revenue$1,099,400,000
- Revenue $1,099M flat YoY; Adj OIBDA $374M down 6% (rebased -7%); operating income $93M (-13%).
- Net loss attributable to shareholders narrowed to $1M from $66M loss in Q1 2023.
- Puerto Rico mobile migration completed; Q1 Adj OIBDA -46% from $41M integration costs; target >$45M/month H2.
- C&W Panama Adj OIBDA +31%; Costa Rica +29% reported (+18% rebased); C&W Caribbean +7%.
- Repurchased 9M shares (~5% equity) in Q1; Board added $200M buyback authorization (now through Dec 2026).