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Millicom International Cellular (TIGO) Reports Q2 Loss of $1.15, Revenues Miss

July 30, 2020 6:15 AM EDT

Millicom International Cellular (NASDAQ: TIGO) reported Q2 EPS of ($1.15), versus $0.44 reported last year. Revenue for the quarter came in at $970 billion versus the consensus estimate of $1.41 billion.

Link to 2Q Earnings Release

Millicom Chief Executive Officer Mauricio Ramos commented:

The second quarter of 2020 was one of the most challenging in Millicom's 30-year history, but we have responded quickly... More