Overview

* Liberty Latin America ( LILA ) reports Q2 operating loss of $333 mln, missing analysts' expectations

* Adjusted OIBDA grows 7% YoY in Q2, driven by cost efficiencies

* Company plans to separate Liberty Puerto Rico to unlock shareholder value

Outlook

* Company plans separation of Liberty Puerto Rico to unlock shareholder value

* Liberty Puerto Rico expected to raise capital using its own assets

* Company anticipates B2B revenue to drive better momentum in H2

* Liberty Latin America ( LILA ) highlights cost efficiencies as growth driver

Result Drivers

* SUBSCRIBER GROWTH - Co added 45,000 net organic broadband and postpaid mobile subscribers in Q2, contributing to H1 additions of over 100,000

* COST EFFICIENCIES - Cost reduction activities across LLA supported 7% YoY rebased Adjusted OIBDA growth in Q2

* B2B REVENUE IMPACT - YoY rebased revenue growth affected by higher project-related B2B revenue in prior-year period

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 $1.09

Revenue bln

Q2 $415 mln

Adjusted

OIBDA

Q2 Miss -$333 $133.20

Operatin mln mln (1

g Income Analyst)

Q2 -$41 mln

Adjusted

Free

Cash

Flow

Analyst Coverage

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the wireless telecommunications services peer group is "buy."

* Wall Street's median 12-month price target for Liberty Latin America Ltd ( LILA ) is $6.55, about 9.5% below its August 6 closing price of $7.17

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)