earnings
confidence high
sentiment negative
materiality 0.80
Liberty LatAm Q4 rev down 1% to $1.15B; FY net loss $657M; Puerto Rico drags
Liberty Latin America Ltd.
2024-FY EPS reported
-$3.31
revenue$4,456,900,000
- Q4 revenue $1,150M (-1%), adjusted OIBDA $427M (-1%), operating income $128M; FY revenue $4,457M (-1%), adjusted OIBDA $1,594M (-6%), operating loss $48M vs $518M.
- Net loss attributable to shareholders: Q4 $178M (vs $103M), FY $657M (vs $74M); Puerto Rico adjusted OIBDA down 23% in Q4.
- Organic Q4 fixed RGU adds +14,100, mobile adds +53,600 (postpaid +13,000); FTTH upgrades reach 97% of footprint.
- Refinanced $3.3B of C&W debt, extending weighted average maturity to 6.5 years; targeting P&E additions/revenue of 14% from 16%.
- C&W Panama adjusted OIBDA +18% FY; C&W Caribbean +6%; Costa Rica revenue +13%; Puerto Rico mobile remains challenged with postpaid churn improving.