earnings
confidence high
sentiment negative
materiality 0.75
LLA Q3 revenue $1.089B (-3% YoY); operating loss $380M on goodwill impairment
Liberty Latin America Ltd.
2024-Q3 EPS reported
-$2.41
revenue$3,306,600,000
- Adjusted OIBDA $403M (-6% YoY); C&W Panama grew 17%, Puerto Rico fell 24%.
- Puerto Rico recovery slower than expected; no longer targeting $45M monthly Adj OIBDA by year-end.
- Closed EchoStar acquisition of spectrum & prepaid subscribers in PR & USVI on Sept 3, 2024.
- Organic customer losses of 18,900; internet RGUs down 7,600; mobile postpaid lost 4,000.
- Adjusted FCF improved to $65M (from $33M); completed $1B C&W debt refinancing.