Liberty Latin America Ltd Stock Price, News & Analysis

Liberty Latin America Ltd (NASDAQ: LILA, LILAK; OTC: LILAB) announced plans to release its second quarter 2021 results on August 4, 2021, after market close. An investor call is scheduled for August 5, 2021, at 8:30 a.m. EDT, where management will discuss the results and future outlook. The call can be accessed via a dedicated dial-in number and will be supplemented by a summary investor presentation. Liberty Latin America provides communication services across 20+ countries in Latin America and the Caribbean under various brands, including VTR and Flow.

Liberty Latin America Ltd. (NASDAQ: LILA, LILAK, OTC Link: LILAB) announced its Q1 2021 results, reporting $1.2 billion in revenue, a 25% increase year-over-year. The company added 76,000 RGUs, a 25% increase from last year, driven by strong performance in Puerto Rico and mobile operations. Adjusted OIBDA rose 23% to $449 million, with operating income reaching $178 million. The company successfully refinanced over $1 billion in debt, enhancing financial stability. Despite ongoing pandemic challenges, LLA anticipates improved regional conditions as vaccinations increase.

Liberty Latin America announced the appointment of Rocío Lorenzo as Senior Vice President and Chief Customer Officer effective August. Previously at BCG, she led the Telecommunications practice and was recognized as a top female business leader. CEO Balan Nair expressed confidence in her ability to enhance customer experience and drive operational excellence. Lorenzo will relocate to Panama to oversee customer experience teams, focusing on digital services, customer care, and commercial programming, aiming to strengthen the company’s position in the region.

Liberty Latin America announced that it will release its first quarter 2021 results on May 5, 2021, after the NASDAQ market closes. An investor call is scheduled for May 6, 2021, at 8:00 a.m. EDT, where management will discuss the results and provide forward-looking information. The company operates in over 20 countries across Latin America and the Caribbean, offering a variety of communication services, and trades under the symbols LILA, LILAK, and LILAB.

Liberty Latin America Ltd (NASDAQ: LILA, LILAK, LILAB) will host its 2021 Annual Meeting of Shareholders on May 12, 2021, at 8:00 a.m. Mountain Time. Due to COVID-19, the meeting will be virtual, and eligible shareholders as of March 22, 2021, can participate. LILAK shareholders can attend but cannot vote. Registration for the audio-only webcast is required by May 10, 2021. Liberty Latin America operates in over 20 countries, providing various communication and entertainment services under multiple brands.

Liberty Latin America Ltd. (NASDAQ: LILA, LILAK; OTC: LILAB) announced a restructuring of its executive team, eliminating the Chief Operating Officer role. Key leaders from Cable & Wireless, VTR, and Liberty Puerto Rico will report directly to CEO Balan Nair. New positions include a Chief Customer Officer and SVP for South-Central Markets, with Guillermo Ponce appointed to the latter role. Vivek Khemka becomes General Manager of VTR. Betzalel Kenigsztein takes charge of Cable & Wireless Panama, replacing Julio Spiegel, who will shift to VP of Government Affairs.

Liberty Latin America reported Q4 2020 revenue of $1.1 billion, a 12.6% increase from Q4 2019, owing in part to the acquisition of AT&T entities. Despite this growth, FY 2020 revenue decreased by 2.6% to $3.8 billion, significantly impacted by COVID-19, particularly in mobile and B2B sectors. Adjusted OIBDA for Q4 rose 4.8% to $428 million, with a 36% growth observed in Liberty Puerto Rico. The company aims for a 30% increase in adjusted free cash flow in 2021 and plans to upgrade 600,000 homes, although it faces challenges from negative foreign exchange impacts and industry competition.

Liberty Latin America (NASDAQ: LILA, LILAK; OTC Link: LILAB) will release its full-year 2020 financial results on February 28, 2021. Investors can join the call on March 1, 2021, at 8:30 a.m. EST, where management will discuss results and the outlook for 2021. The call can be accessed via domestic and international numbers provided in the announcement. A summary investor presentation and a listen-only webcast will also be available on their Investor Relations section for at least 75 days.