TIGO Q1 2023 Earnings — Millicom International Cellular S.A. Revenue & Financial Results | Market Cap Arena

TIGOMillicom International Cellular S.A.

$12B

Q1 2023 Earnings

Communication Services Telecommunications Services

Income Statement

Revenue

$1.4B-2.8% YoY

Gross Profit

$666M48.6% margin

Operating Income

$176M12.9% margin

Net Income

$3M0.2% margin

EPS (Diluted)

$0.02

QoQ Revenue Growth

-0.9%

Cash Flow

Operating Cash Flow

$243M

Free Cash Flow

$15M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$14.4B

Total Liabilities

$10.8B

Stockholders' Equity

$3.6B

Cash & Equivalents

$903M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.4B	$1.4B	-2.8%
Gross Profit	$666M	$701M	-5.0%
Operating Income	$176M	$227M	-22.5%
Net Income	$3M	$23M	-87.0%