Millicom International Cellular Q3 2024 Earnings Report

Millicom International Cellular EPS Results

• Actual EPS: $0.30
• Consensus EPS: $0.68
• Beat/Miss: Missed by -$0.38
• One Year Ago EPS: -$0.03

Millicom International Cellular Revenue Results

• Actual Revenue: $1.43 billion
• Expected Revenue: $1.46 billion
• Beat/Miss: Missed by -$25.62 million
• YoY Revenue Growth: +0.50%

Millicom International Cellular Announcement Details

• Quarter: Q3 2024
• Date: 11/7/2024
• Time: Before Market Opens

Millicom International Cellular (NASDAQ:TIGO) provides cable and mobile services in Latin America. It offers mobile services, including mobile data and voice, and short message services; and mobile financial services, such as payments, money transfers, international remittances, savings, real-time loans, and micro-insurance. The company also operates TIGO Sports for local entertainment; Tigo Money that allows its customers to send and receive money without the need for a bank account; and TIGO ONEtv for pay TV. In addition, it provides fixed services, including broadband and fixed voice; and fixed-voice and data telecommunications services, managed services, cloud and security solutions, and value-added services; and tower infrastructure and services. The company serves small, medium, and large businesses, as well as residential consumers and governmental entities. It markets its products and services under the Tigo and Tigo Business brands. The company was founded in 1990 and is headquartered in Luxembourg.