TIGO Q3 2023 Earnings — Millicom International Cellular S.A. Revenue & Financial Results | Market Cap Arena

TIGOMillicom International Cellular S.A.

$12B

Q3 2023 Earnings

Communication Services Telecommunications Services

Income Statement

Revenue

$1.4B+2.6% YoY

Gross Profit

$724M50.8% margin

Operating Income

$196M13.8% margin

Net Income

-$1M-0.1% margin

EPS (Diluted)

$0.00

QoQ Revenue Growth

+2.2%

Cash Flow

Operating Cash Flow

$347M

Free Cash Flow

$128M

Stock-Based Comp.

$15M

Balance Sheet

Total Assets

$14.5B

Total Liabilities

$10.9B

Stockholders' Equity

$3.6B

Cash & Equivalents

$759M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.4B	$1.4B	+2.6%
Gross Profit	$724M	$1.0B	-28.9%
Operating Income	$196M	$196M	+0.0%
Net Income	-$1M	-$31M	+96.8%