Last10K.com

Liberty Latin America Ltd. (LILA) SEC Filing 10-Q Quarterly Report for the period ending Friday, September 30, 2022

Liberty Latin America Ltd.

CIK: 1712184 Ticker: LILA
q3-2022xresultsx002a.jpg
Exhibit 99.1
Liberty Latin America Reports Q3 2022 Results
Reported revenue up 2% to $1.2 billion and flat on rebased basis; 3% rebased growth ex VTR
Over 400,000 organic broadband and postpaid mobile adds in last twelve months
Completed 50:50 Chilean Joint Venture on October 6
Repurchased over $150 million of shares through to the end of Q3
Denver, Colorado - November 8, 2022: 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 (“Q3”) and nine months (“YTD”) ended September 30, 2022.
CEO Balan Nair commented, “In the third quarter, we continued to drive top-line growth, excluding our Chilean operation, which we combined with Claro Chile through a 50:50 JV in early October. While we experienced some negative impacts from Hurricane Fiona, specifically in Puerto Rico where we anticipate a negative cash flow impact of $20 million this year, we don't anticipate any material ongoing challenges and remain excited about fully integrating our fixed-line and resilient mobile operations in that market.”
“Our focus on broadband and mobile postpaid subscriber growth continued to drive our revenue performance. Broadband subscriber additions were led by double-digit percentage growth, sequential and year-over-year, in Puerto Rico. Mobile postpaid additions for the group were nearly double the prior year period as we continued to grow postpaid penetration across our markets.”
“Strategically, we continue to progress our integration activities across Puerto Rico, Panama, and Costa Rica and are set to deliver significant value for stakeholders as we combine operations and work towards realizing full run-rate synergies in excess of $150 million. In early October, we completed the previously announced JV with Claro in Chile and the new management team is now in place. While that team is early in their planning and integration processes, we expect them to drive significant synergies consistent with our plans and to drive operational growth.”
“Overall, we continued to make progress in the quarter and anticipate a seasonally strong end to the year. We are focused on driving operational performance across the group and integrating our acquisitions. Through these initiatives, we expect to deliver significant Adjusted FCF growth in the coming years.”
1

The following information was filed by Liberty Latin America Ltd. (LILA) on Tuesday, November 8, 2022 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 2022 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
Condensed Consolidated Balance Sheets
Condensed Consolidated Balance Sheets (Parenthetical)
Condensed Consolidated Statements Of Cash Flows
Condensed Consolidated Statements Of Comprehensive Earnings (Loss)
Condensed Consolidated Statements Of Equity
Condensed Consolidated Statements Of Operations
Accounting Changes And Recent Accounting Pronouncements
Acquisitions
Acquisitions (Tables)
Acquisitions - Narrative (Details)
Acquisitions - Preliminary Opening Balance Sheet (Details)
Acquisitions - Pro Forma Information (Details)
Acquisitions - Reconciliation Of Purchase Price To Net Cash Paid (Details)
Assets Held For Sale
Assets Held For Sale (Tables)
Assets Held For Sale - Narrative (Details)
Assets Held For Sale - Schedule Of Assets And Liabilities (Details)
Basis Of Presentation
Basis Of Presentation (Details)
Basis Of Presentation (Policies)
Basis Of Presentation (Tables)
Basis Of Presentation - Correction Of Immaterial Errors (Details)
Commitments And Contingencies
Current Expected Credit Losses
Current Expected Credit Losses (Tables)
Current Expected Credit Losses - Changes In Allowance For Credit Loss (Details)
Current Expected Credit Losses - Changes In Notes Receivable Allowance For Credit Losses (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 - Finance Activity (Details)
Debt And Finance Lease Obligations - Maturities Of Debt (Details)
Derivative Instruments
Derivative Instruments (Tables)
Derivative Instruments - Counterparty Credit Risk (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 On Derivatives (Details)
Earnings Or Loss Per Share
Earnings Or Loss Per Share (Tables)
Earnings Or Loss Per Share - Basic And Diluted (Details)
Earnings Or Loss Per Share - Weighted Average Shares Outstanding (Details)
Equity
Equity - Contribution From Noncontrolling Interest Owners (Details)
Equity - Share Repurchase Program (Details)
Fair Value Measurements
Fair Value Measurements (Details)
Income Taxes
Income Taxes - Narrative (Details)
Leases
Leases (Tables)
Leases - Lease Expense (Details)
Leases - Lease Maturities Of Operating Lease Liabilities (Details)
Leases - Operating Leases Assets And Liabilities (Details)
Long-Lived Assets
Long-Lived Assets (Tables)
Long-Lived Assets - Goodwill (Details)
Long-Lived Assets - Intangible Assets Not Subject To Amortization (Details)
Long-Lived Assets - Intangible Assets Subject To Amortization, Net (Details)
Long-Lived Assets - Property And Equipment, Net (Details)
Other Operating Costs And Expenses
Other Operating Costs And Expenses (Details)
Other Operating Costs And Expenses (Tables)
Programming And Other Direct Costs Of Services
Programming And Other Direct Costs Of Services (Details)
Programming And Other Direct Costs Of Services (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)
Unfulfilled Performance Obligations
Unfulfilled Performance Obligations (Details)
Ticker: LILA
CIK: 1712184
Form Type: 10-Q Quarterly Report
Accession Number: 0001712184-22-000291
Submitted to the SEC: Tue Nov 08 2022 4:42:20 PM EST
Accepted by the SEC: Tue Nov 08 2022
Period: Friday, September 30, 2022
Industry: Cable And Other Pay Television Services

External Resources:
Stock Quote
Social Media

Bookmark the Permalink:
https://last10k.com/sec-filings/lila/0001712184-22-000291.htm