TIGO Q1 2024 Earnings — Millicom International Cellular S.A. Revenue & Financial Results | Market Cap Arena

TIGOMillicom International Cellular S.A.

$12B

Q1 2024 Earnings

Communication Services Telecommunications Services

Income Statement

Revenue

$1.5B+8.6% YoY

Gross Profit

$771M51.8% margin

Operating Income

$298M20.0% margin

Net Income

$92M6.2% margin

EPS (Diluted)

$0.53

QoQ Revenue Growth

+0.8%

Cash Flow

Operating Cash Flow

$248M

Free Cash Flow

$117M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$14.4B

Total Liabilities

$10.8B

Stockholders' Equity

$3.6B

Cash & Equivalents

$622M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.5B	$1.4B	+8.6%
Gross Profit	$771M	$666M	+15.8%
Operating Income	$298M	$176M	+69.3%
Net Income	$92M	$3M	+2966.7%