TIGO Q3 2022 Earnings — Millicom International Cellular S.A. Revenue & Financial Results | Market Cap Arena

TIGOMillicom International Cellular S.A.

$12B

Q3 2022 Earnings

Communication Services Telecommunications Services

Income Statement

Revenue

$1.4B+38.0% YoY

Gross Profit

$1.0B73.4% margin

Operating Income

$196M14.1% margin

Net Income

-$31M-2.2% margin

EPS (Diluted)

$-0.19

QoQ Revenue Growth

-4.1%

Cash Flow

Operating Cash Flow

$273M

Free Cash Flow

$80M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$14.2B

Total Liabilities

$10.6B

Stockholders' Equity

$3.5B

Cash & Equivalents

$884M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.4B	$1.0B	+38.0%
Gross Profit	$1.0B	$470M	+116.8%
Operating Income	$196M	$103M	+90.3%
Net Income	-$31M	$5M	-720.0%