Liberty Latin America Reports Q2 and H1 2019 Results
Liberty Latin America Ltd. - Class C (LILAK)
US:NASDAQ Investor Relations:
libertyglobal.com/ir.html
Company Research
Source: Business Wire
Q2 Rebased1 Revenue Growth of 3% to $983 millionSolid Q2 Subscriber Growth with 67,000 Fixed and 44,000 Mobile AdditionsOperating Income of $144 million in Q2, 16% Higher Year-over-YearDelivered Q2 Rebased OCF2 Growth of 8% to $387 millionRaising 2019 Financial Guidance for Adjusted FCF3 DENVER, Colorado--(BUSINESS WIRE)--Liberty Latin America Ltd. (“Liberty Latin America” or “LLA”) (NASDAQ: LILA and LILAK, OTC Link: LILAB) today announced its financial and operating results for the three months (“Q2”) and six months (“YTD” or “H1”) ended June 30, 2019.CEO Balan Nair commented, “Our second quarter performance showed further evidence of our developing operational momentum. We continued to leverage our investments in network, product and customer experience to add over 110,000 subscribers across our fixed and mobile services in Q2. In fixed services, we added 67,000 RGUs, including 44,000 new broadband subscribers underpinned by continued strong demand for our market-leading speeds.
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- LIBERTY LATIN AMERICA GIVES BACK TO COMMUNITIES ACROSS LATIN AMERICA AND THE CARIBBEAN DURING ANNUAL ‘MISSION WEEK' [Yahoo! Finance]Yahoo! Finance
- LIBERTY LATIN AMERICA GIVES BACK TO COMMUNITIES ACROSS LATIN AMERICA AND THE CARIBBEAN DURING ANNUAL ‘MISSION WEEK’Business Wire
- Liberty Latin America Ltd. (NASDAQ: LILAK) had its price target lowered by analysts at The Goldman Sachs Group, Inc. from $10.50 to $7.50. They now have a "neutral" rating on the stock.MarketBeat
- Liberty Latin America Independent Director Acquires 8.5% More Stock [Yahoo! Finance]Yahoo! Finance
- Liberty Latin America Ltd. (NASDAQ: LILAK) had its price target lowered by analysts at Scotiabank from $9.40 to $8.30. They now have a "sector outperform" rating on the stock.MarketBeat