02:51 PM EDT, 05/08/2024 (MT Newswires) -- Liberty Latin America ( LILA ) shares rose 4.6% in recent Wednesday trading, a day after the company reported Q1 results.

The company reported Q1 operating income late Tuesday of $93 million, down from $107 million a year earlier.

Revenue for the quarter ended March 31 was $1.099 billion, compared with $1.102 billion from a year earlier. Three analysts surveyed by Capital IQ expected $1.11 billion.

Liberty said its board authorized the repurchase of an additional $200 million of shares under its buyback program through December 2026.

Price: 8.59, Change: +0.38, Percent Change: +4.57