Last10K.com

Liberty Latin America Ltd. (LILA) SEC Filing 10-Q Quarterly report for the period ending Tuesday, March 31, 2020

Liberty Latin America Ltd.

CIK: 1712184 Ticker: LILA
llaearningsreleaseheadera01.jpg
Exhibit 99.1
 

Liberty Latin America Reports Fiscal 2019 Results
Rebased1 revenue growth of 2% to $3.9 billion
Record RGU additions of 283,000; ~50% higher year-over-year
Operating income of $354 million in 2019, compared to operating loss in 2018
OCF2 of $1.54 billion; 4% rebased growth driven by all reporting segments
Delivered or exceeded 2019 guidance for all financial and operating metrics
Denver, Colorado – February 19, 2020: Liberty Latin America Ltd. (“Liberty Latin America” or “LLA”) (NASDAQ: LILA and LILAK, OTC Link: LILAB) today announced its financial and operating results for the three months (“Q4”) and fiscal year (“2019” or “FY 2019”) ended December 31, 2019.
CEO Balan Nair commented, “Our fourth quarter results rounded off a record year of subscriber additions for Liberty Latin America. Our region remains underpenetrated by high-speed connectivity and we leveraged our leading propositions to add 76,000 fixed and 57,000 mobile subscribers in the fourth quarter, taking our total additions for the year to 283,000 and 124,000 subscribers, respectively.”
“During the year, we drove down the cost of network expansion while adding or upgrading nearly 500,000 homes across our footprint, which was approximately 50% higher than our activity in the prior year. Our mobile network coverage and capacity also grew with LTE population coverage now above 90%. Although we added or upgraded more homes than anticipated at the start of the year and spent additional capital related to Hurricane Dorian, we still achieved our capital expenditure guidance for the year.”
“The speeds our customers experience over our networks have increased and we believe our unique combination of subsea, terrestrial fiber, and mobile networks position us well to bring the best value connectivity and entertainment propositions to communities across our region.”
“For the year, we reported $3.9 billion in revenue, $354 million of operating income and $1.54 billion in OCF. Our results reflect year-over-year rebased revenue and OCF growth, of 2% and 4%, respectively, while operating income grew by $378 million. Our focus remains on Adjusted FCF3 generation, which was significantly higher than our 2018 performance and exceeded our $150 million guidance target.”
“Overall, we have progressed our strategic objectives through improved operational execution, transformation of our business practices and accretive M&A transactions in 2019. As we look to 2020, we are focused on continuing to deliver this organic momentum and making a successful start in integrating the AT&T assets in Puerto Rico and the U.S. Virgin Islands, following completion of the transaction. These steps should set the foundation for continued growth and Adjusted FCF development in the coming years.”

1

The following information was filed by Liberty Latin America Ltd. (LILA) on Wednesday, February 19, 2020 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.

View differences made from one quarter to another to evaluate Liberty Latin America Ltd.'s financial trajectory

Compare SEC Filings Year-over-Year (YoY) and Quarter-over-Quarter (QoQ)
Sample 10-K Year-over-Year (YoY) Comparison

Compare this 10-Q Quarterly Report to its predecessor by reading our highlights to see what text and tables were  removed  ,   added    and   changed   by Liberty Latin America Ltd..

Continue

Assess how Liberty Latin America Ltd.'s management team is paid from their Annual Proxy

Definitive Proxy Statement (Form DEF 14A)
Screenshot example of actual Proxy Statement

Liberty Latin America Ltd.'s Definitive Proxy Statement (Form DEF 14A) filed after their 2020 10-K Annual Report includes:

  • Voting Procedures
  • Board Members
  • Executive Team
  • Salaries, Bonuses, Perks
  • Peers / Competitors

Continue

SEC Filing Tools

Financial Statements, Disclosures and Schedules

Inside this 10-Q Quarterly Report

Cover Page
Condensed Consolidated Balance Sheets (Unaudited)
Condensed Consolidated Balance Sheets (Unaudited) (Parenthetical)
Condensed Consolidated Statements Of Cash Flows (Unaudited)
Condensed Consolidated Statements Of Comprehensive Loss (Unaudited)
Condensed Consolidated Statements Of Equity (Unaudited)
Condensed Consolidated Statements Of Operations (Unaudited)
Accounting Changes And Recent Accounting Pronouncements
Accounting Changes And Recent Accounting Pronouncements (Tables)
Acquisitions
Acquisitions (Tables)
Acquisitions - Narrative (Details)
Acquisitions - Schedules (Details)
Basis Of Presentation
Basis Of Presentation (Details)
Basis Of Presentation (Policies)
Commitments And Contingencies
Commitments And Contingencies (Tables)
Commitments And Contingencies - Commitments (Details)
Commitments And Contingencies - Narrative (Details)
Debt And Finance Lease Obligations
Debt And Finance Lease Obligations (Tables)
Debt And Finance Lease Obligations - Components Of Debt (Details)
Debt And Finance Lease Obligations - Components Of Debt Narrative (Details)
Debt And Finance Lease Obligations - Maturities Of Debt (Details)
Debt And Finance Lease Obligations - Narrative (Details)
Derivative Instruments
Derivative Instruments (Tables)
Derivative Instruments - Cross-Currency Derivative Contracts (Details)
Derivative Instruments - Fair Values Of Derivative Assets And Liabilities (Details)
Derivative Instruments - Interest Rate Derivative Contracts (Details)
Derivative Instruments - Narrative (Details)
Derivative Instruments - Net Cash Received (Paid) Related To Derivatives (Details)
Derivative Instruments - Realized And Unrealized Gains (Losses) On Derivatives (Details)
Equity
Equity (Details)
Fair Value Measurements
Fair Value Measurements (Details)
Income Taxes
Income Taxes - Narrative (Details)
Insurance Recoveries
Insurance Recoveries (Details)
Leases (Notes)
Leases (Tables)
Leases - Lease Expense And Cash Flows From Operating Lease (Details)
Leases - Lease Maturities Of Operating Lease Liabilities (Details)
Long-Lived Assets
Long-Lived Assets (Tables)
Long-Lived Assets - Goodwill (Details)
Long-Lived Assets - Intangible Assets Subject To Amortization, Net (Details)
Long-Lived Assets - Property And Equipment, Net (Details)
Loss Per Share
Loss Per Share (Details)
Loss Per Share (Tables)
Restructuring Liabilities
Restructuring Liabilities (Details)
Restructuring Liabilities (Tables)
Segment Reporting
Segment Reporting (Tables)
Segment Reporting - Geographic Segments (Details)
Segment Reporting - Narrative (Details)
Segment Reporting - Performance Measures (Details)
Segment Reporting - Property And Equipment Additions Of Our Reportable Segments (Details)
Segment Reporting - Reconciliation Of Operating Cash Flow To Earnings From Continuing Operations (Details)
Segment Reporting - Revenue By Major Category (Details)
Share-Based Compensation
Share-Based Compensation (Tables)
Share-Based Compensation - Rsus And Psus (Details)
Share-Based Compensation - Sars (Details)
Share-Based Compensation - Summary Of Share-Based Compensation Expense (Details)
Summary Of Significant Accounting Policies
Summary Of Significant Accounting Policies (Tables)
Summary Of Significant Accounting Policies - Changes In Allowance For Credit Loss (Details)
Unfulfilled Performance Obligations
Unfulfilled Performance Obligations (Details)

Material Contracts, Statements, Certifications & more

Liberty Latin America Ltd. provided additional information to their SEC Filing as exhibits

Ticker: LILA
CIK: 1712184
Form Type: 10-Q Quarterly Report
Accession Number: 0001712184-20-000148
Submitted to the SEC: Tue May 05 2020 4:19:20 PM EST
Accepted by the SEC: Tue May 05 2020
Period: Tuesday, March 31, 2020
Industry: Cable And Other Pay Television Services

External Resources:
Stock Quote
Social Media

Bookmark the Permalink:
https://last10k.com/sec-filings/lila/0001712184-20-000148.htm