TIGO Q2 2023 Earnings — Millicom International Cellular S.A. Revenue & Financial Results | Market Cap Arena

TIGOMillicom International Cellular S.A.

$12B

Q2 2023 Earnings

Communication Services Telecommunications Services

Income Statement

Revenue

$1.4B-3.7% YoY

Gross Profit

$685M49.2% margin

Operating Income

$187M13.4% margin

Net Income

-$22M-1.6% margin

EPS (Diluted)

$-0.13

QoQ Revenue Growth

+1.8%

Cash Flow

Operating Cash Flow

$278M

Free Cash Flow

$2M

Stock-Based Comp.

$13M

Balance Sheet

Total Assets

$14.5B

Total Liabilities

$10.9B

Stockholders' Equity

$3.6B

Cash & Equivalents

$697M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.4B	$1.4B	-3.7%
Gross Profit	$685M	$710M	-3.5%
Operating Income	$187M	$235M	-20.4%
Net Income	-$22M	$9M	-344.4%