2023-07-27 06:07:32 ET
- Millicom International Cellular S.A. press release ( NASDAQ: TIGO ): Q2 EPS of -$0.13 may not be comparable to consensus of $0.39.
- Revenue of $1.39B (-5.4% Y/Y) misses by $60M .
- Revenuedeclined3.8%mainlyduetocurrencydepreciationcomparedtotheprioryearandlowertelephoneand equipmentsales.Excludingcurrencyimpacts,revenuedeclined0.2%year-on-year.
- Netlossof$22millioncomparedtonetprofit$129millioninQ22022,whichincludedalargegainonthesaleof Tanzaniaoperation.
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Millicom International Cellular S.A.EPS of -$0.13, revenue of $1.39B misses by $60M