Millicom International Cellular Q2 Earnings Fall, Revenue Rises

MT Newswires Live

08/06

Millicom International Cellular (TIGO) reported Q2 earnings Thursday of $0.65 per diluted share, down from $4.05 a year earlier.

Three analysts polled by FactSet expected $0.59.

Revenue for the quarter ended June 30 was $2.18 billion, up from $1.37 billion a year earlier.

Three analysts polled by FactSet expected $2.13 billion.

The company's shares were up 5% in premarket activity.

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