Liberty Latin America reports Q1 operating income $93M vs $107M last year

Reports Q1 revenue $1.099B, consensus $1.11B. CEO Balan Nair commented, “We delivered strong operating and financial results across Panama, Costa Rica and C&W Caribbean in the first quarter. In Puerto Rico, we have achieved the significant milestone of migrating all our mobile customers to our own operating platform and are now positioned to drive sequential improvement throughout the year following significant integration-related expenses during the first quarter. We remain on track for significant Adj. OIBDA and cash flow expansion in the second half of the year.”