Brief Overview on Company’s Performance: Liberty Latin America Ltd. (NASDAQ: LILA) – News Description

Brief Overview on Company’s Performance: Liberty Latin America Ltd. (NASDAQ: LILA)

DENVER, Colorado, September 28, 2019 – Shares of Liberty Latin America Ltd. (NASDAQ: LILA) showed no change to $17.16. The stock traded total volume of 212.014K shares lower than the average volume of 216.97K shares.

Liberty Latin America Ltd. (NASDAQ: LILA) reported quarterly net loss of $2,174.0M or loss of 53 cents per share against net income of $69.0M or 2 cents per share in the year-ago quarter. The sharp decline was mainly attributable to a non-cash goodwill impairment charge of $2.0B. The bottom line was wider than the Zacks Consensus Estimate of loss of 2 cents.

Revenues:

Quarterly total net operating revenues increased to $8,441.0M from $8,083.0M in the year-ago quarter driven by higher wireless revenues. The top line surpassed the Zacks Consensus Estimate of $8,171.0M. Overall service revenues were $5,656.0M, down from $5,866.0M in the year-ago quarter, while overall equipment sales totaled $1,426.0M, up from $1,081.0M. Equipment rentals increased to $1,359.0M from $1,136.0M. For fiscal 2018, total net operating revenues increased to $33,600.0M from $32,406.0M in fiscal 2017.

Other Operating Metrics:

Total net operating expenses increased to $10,115.0M from $7,847.0M. As A Result, operating loss for the reported quarter was $1,674.0M against operating income $236.0M a year ago. Overall adjusted EBITDA was $3,136.0M contrast with $2,768.0M and overall adjusted EBITDA margin improved to 55.4% from 47.2%.

Cash Flow and Liquidity:

For fiscal 2018, Sprint generated $10,429.0M of net cash from operating activities contrast with $10,062.0M a year ago. Adjusted free cash outflow was $914.0M for fiscal 2018 against adjusted free cash flow of $945.0M in fiscal 2017.

As of Mar 31, 2019, Sprint had $6,982.0M of cash and cash equivalents with long-term debt, financing and capital lease obligations of $35,366.0M contrast with respective tallies of $6,610.0M and $37,463.0M on March 31, 2018.

LILA has the market capitalization of $3.18B. The return on assets ratio of the Company was -3.00% while its return on investment ratio stands at -1.10%. Price to sales ratio was 0.84 while 76.60% of the stock was owned by institutional investors.

About the Author

Charles Gibbs
Charles Gibbs
I am Charles Gibbs and I focus on breaking news stories and ensuring we (“News Description”) offer timely reporting on some of the most recent stories released through market wires about “Services” sector. I have formerly spent over 3 years as a trader in U.S. Stock Market and is now semi-stepped down. I work on a full time basis for News Description specializing in quicker moving active shares with a short term view on investment opportunities and trends. Address: 577 Mudlick Road Pasco, WA 99301, USA Phone: (+1) 509-542-0261 Email: [email protected]

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