TIGO Q2 2024 Earnings — Millicom International Cellular S.A. Revenue & Financial Results | Market Cap Arena

TIGOMillicom International Cellular S.A.

$12B

Q2 2024 Earnings

Communication Services Telecommunications Services

Income Statement

Revenue

$1.5B+4.7% YoY

Gross Profit

$800M54.9% margin

Operating Income

$329M22.6% margin

Net Income

$78M5.3% margin

EPS (Diluted)

$0.45

QoQ Revenue Growth

-2.0%

Cash Flow

Operating Cash Flow

$476M

Free Cash Flow

$299M

Stock-Based Comp.

$10M

Balance Sheet

Total Assets

$14.2B

Total Liabilities

$10.6B

Stockholders' Equity

$3.7B

Cash & Equivalents

$792M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.5B	$1.4B	+4.7%
Gross Profit	$800M	$685M	+16.8%
Operating Income	$329M	$187M	+75.9%
Net Income	$78M	-$22M	+454.5%