earnings
confidence high
sentiment neutral
materiality 0.85
LLA reports Q2 net loss of $423M on $494M spectrum impairment; intends to spin off Puerto Rico
Liberty Latin America Ltd.
2025-Q2 EPS
reported -$2.82
vs consensus -$0.05
▼ miss
(-6043.8%)
- Q2 revenue $1,087M (-3% YoY); Adj. OIBDA $415M (+7% YoY).
- Q2 operating loss $333M vs income $111M a year ago, driven by $494M impairment of spectrum license intangibles at Liberty Puerto Rico.
- H1 Adj. OIBDA $822M (+8% rebased); broadband and postpaid mobile added ~100k net additions in H1.
- Company intends to separate Liberty Puerto Rico (possible spin-off) to unlock shareholder value.
- Liberty Puerto Rico Adj. OIBDA up 21% rebased YoY; net leverage 4.7x at June 30, 2025.
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