- Millicom International Cellular S.A. press release ( NASDAQ: TIGO ): Q3 GAAP EPS of -$0.18 misses by $0.46 .
- Revenue of $1.39B (+37.6% Y/Y) misses by $40M .
- Servicerevenueup2.7%organicallywithpositivegrowthacrossthemajorityofthecountriesandinallbusiness units,withcontinuedstrengthinMobileandB2B,offsetbyslowergrowthinHome.
- ReportedEBITDAup53.3%,withorganicEBITDAdown 1.9%,or0.6%excludinga$7millionone-timecharge,due inparttocontinuedinvestmenttosupporttheplannedTowerandTigoMoneycarve-outs.
- ReportedOperatingCashFlowup134.4%year-on-yearreflectingtheGuatemalatransactionandanacceleration fromH1levels,onanorganicbasis.
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Millicom International Cellular S.A. GAAP EPS of -$0.18 misses by $0.46, revenue of $1.39B misses by $40M